Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland - 2024

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland (CIF) - 2024
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland (FOB) - 2024
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland (CIF) - 2024

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $29,815 per ton in December 2023, falling by -12.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 9.9% m-o-m. The import price peaked at $34,779 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($33,748 per ton), while the price for Taiwan (Chinese) ($11,089 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), 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 Switzerland (FOB) - 2024

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $50,819 per ton in December 2023, with an increase of 10% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was France ($101K per ton), while the average price for exports to Saudi Arabia ($26,630 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.5%), 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 Switzerland

In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Switzerland rose to 3.1K tons, with an increase of 1.9% on the previous year. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 138% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $89M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany37.837.948.947.78.1%
Italy14.415.520.322.415.9%
Poland1.11.82.42.938.1%
China1.51.82.32.518.6%
Taiwan (Chinese)1.21.41.51.916.6%
Turkey0.70.70.40.70.0%
Others8.27.79.410.58.6%
Total64.966.885.388.610.9%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Switzerland in 2022:

  1. Germany (1535.5 tons)
  2. Italy (896.7 tons)
  3. Taiwan (Chinese) (125.8 tons)
  4. Poland (113.5 tons)
  5. China (104.9 tons)
  6. Turkey (59.7 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland

In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -4.1% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of 1.5K tons, and then dropped modestly in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped modestly to $64M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of $67M, and then dropped slightly in the following year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.631.438.137.39.3%
Norway6.48.39.97.55.4%
Italy2.52.43.83.39.7%
Austria1.92.22.92.59.6%
France1.51.21.21.4-2.3%
Sweden0.80.91.11.317.6%
Poland0.30.60.70.732.6%
Others6.88.49.29.813.0%
Total48.755.266.863.89.4%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Switzerland in 2022:

  1. Germany (933.3 tons)
  2. Norway (124.6 tons)
  3. Italy (77.6 tons)
  4. Austria (48.9 tons)
  5. Sweden (30.9 tons)
  6. France (29.9 tons)
  7. Poland (27.2 tons)

Source: IndexBox Market Intelligence Platform

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