Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $3,029 per ton, which is down by -36.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 104% against the previous year. Over the period under review, average import prices attained the maximum at $4,786 per ton in 2021, and then plummeted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($14,644 per ton), while the price for the United Arab Emirates ($737 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.8%), 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 Tanzania (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $1,693 per ton, picking up by 20% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 44,285% against the previous year. As a result, the export price reached the peak level of $56,165 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($9,533 per ton), while the average price for exports to Belgium stood at $505 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+46,231.9%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Tanzania skyrocketed to 196 tons in 2022, rising by 66% compared with the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. Over the period under review, imports of hit record highs 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 rose sharply to $594K in 2022. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 156% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 122 | 66.2 | 183 | 283 | 32.4% |
| United Kingdom | 55.0 | 37.7 | 10.4 | 81.0 | 13.8% |
| Turkey | 29.1 | 8.9 | 51.2 | 71.4 | 34.9% |
| United Arab Emirates | 51.2 | 5.4 | 4.4 | 26.7 | -19.5% |
| India | 9.6 | 11.3 | 5.0 | 20.7 | 29.2% |
| South Africa | 19.4 | 3.2 | 8.0 | 14.9 | -8.4% |
| Australia | 6.4 | 6.1 | 1.5 | 14.7 | 31.9% |
| United States | 7.2 | 11.0 | 18.1 | 4.9 | -12.0% |
| Spain | 116 | 0.3 | 222 | 0.6 | -82.7% |
| Others | 31.5 | 69.9 | 60.3 | 75.9 | 34.1% |
| Total | 447 | 220 | 564 | 594 | 9.9% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Tanzania in 2022:
- China (115.1 tons)
- United Arab Emirates (36.2 tons)
- Turkey (15.7 tons)
- India (7.9 tons)
- United Kingdom (5.5 tons)
- Australia (4.9 tons)
- South Africa (3.0 tons)
- United States (2.1 tons)
- Spain (0.1 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
In 2022, after three years of growth, there was significant decline in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -98.6% to 114 kg. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 7,010%.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell sharply to $193 in 2022. Overall, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 1,337%.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | 10.2 | 10.2 | 0.1 | -90.1% |
| Belgium | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Comoros | N/A | 0.1 | N/A | N/A | 0% |
| Burundi | N/A | N/A | 1.2 | N/A | 0% |
| Others | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Total | 0.7 | 10.4 | 11.8 | 0.2 | -34.1% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Tanzania in 2022:
- Belgium (99.0 kg)
- Democratic Republic of the Congo (15.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Tanzania.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
