Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (CIF) - 2023
In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $21,465 per ton, approximately reflecting the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 21% against the previous month. As a result, import price attained the peak level of $23,404 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($20,844 per ton), while the price for Turkey ($18,111 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (FOB) - 2023
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $28,164 per ton in November 2023, increasing by 1.6% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 11% month-to-month. The export price peaked at $30,094 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($33,771 per ton), while the average price for exports to Brazil ($18,683 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden
In 2022, approx. 6.9K tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Sweden; picking up by 3% compared with 2021 figures. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s expanded sharply to $131M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.3 | 18.2 | 24.9 | 39.3 | 24.6% |
| Italy | 17.0 | 15.5 | 18.2 | 22.4 | 9.6% |
| Germany | 16.5 | 19.0 | 22.2 | 20.1 | 6.8% |
| Turkey | 7.7 | 9.1 | 13.8 | 11.8 | 15.3% |
| Norway | 6.6 | 6.8 | 10.8 | 10.1 | 15.2% |
| Poland | 2.2 | 1.7 | 5.4 | 6.9 | 46.4% |
| Latvia | N/A | 1.6 | 2.9 | 2.6 | 27.5% |
| Denmark | 1.7 | 1.5 | 2.1 | 1.9 | 3.8% |
| Others | 17.8 | 15.5 | 14.4 | 16.3 | -2.9% |
| Total | 89.8 | 88.9 | 115 | 131 | 13.4% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Sweden in 2022:
- China (2013.2 tons)
- Latvia (1153.0 tons)
- Italy (936.6 tons)
- Germany (741.7 tons)
- Turkey (736.7 tons)
- Norway (563.6 tons)
- Poland (288.1 tons)
- Denmark (99.1 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden
Exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Sweden dropped to 2.6K tons in 2022, waning by -8.7% compared with the previous year. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of 2.9K tons, and then dropped in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $67M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports attained the peak of $72M, and then fell in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 16.5 | 15.9 | 17.5 | 16.6 | 0.2% |
| Norway | 19.8 | 16.4 | 16.5 | 14.7 | -9.5% |
| Denmark | 8.4 | 10.1 | 9.8 | 9.1 | 2.7% |
| Poland | 1.6 | 5.0 | 7.7 | 5.2 | 48.1% |
| Germany | 3.9 | 3.2 | 3.5 | 3.2 | -6.4% |
| Brazil | 0.7 | 1.0 | 2.3 | 2.3 | 48.7% |
| Netherlands | 0.7 | 0.7 | 1.3 | 1.7 | 34.4% |
| Estonia | 1.4 | 1.7 | 1.9 | 1.3 | -2.4% |
| Belgium | 1.1 | 0.8 | 1.4 | 1.2 | 2.9% |
| Czech Republic | 0.1 | 0.5 | 0.8 | 0.9 | 108.0% |
| United States | 0.9 | 0.5 | 0.8 | 0.9 | 0.0% |
| Others | 5.6 | 6.4 | 8.9 | 9.7 | 20.1% |
| Total | 60.8 | 62.3 | 72.5 | 66.9 | 3.2% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Sweden in 2022:
- Norway (813.8 tons)
- Finland (383.9 tons)
- Denmark (255.6 tons)
- Poland (253.5 tons)
- Germany (178.5 tons)
- Brazil (144.7 tons)
- Netherlands (84.5 tons)
- Belgium (79.2 tons)
- Czech Republic (60.2 tons)
- Estonia (52.1 tons)
- United States (40.2 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Sweden.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
