Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $12,773 per ton in 2022, with an increase of 7.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 24%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($40,669 per ton), while the price for China ($9,532 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), 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 the United Arab Emirates (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $9,512 per ton in 2022, surging by 22% against the previous year. Overall, the export price recorded prominent growth. The pace of growth was the most pronounced in 2015 an increase of 210% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($26,862 per ton), while the average price for exports to Tanzania ($620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+28.2%), 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 the United Arab Emirates
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into the United Arab Emirates contracted to 2.2K tons, declining by -13.2% on the previous year. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted to $28M in 2022. In general, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $30M, and then declined in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.3 | 10.0 | 14.7 | 15.3 | 14.1% |
| United Kingdom | 5.6 | 4.0 | 4.1 | 2.7 | -21.6% |
| Germany | 3.0 | 2.0 | 2.2 | 2.0 | -12.6% |
| Italy | 1.3 | 1.3 | 1.2 | 1.8 | 11.5% |
| India | 1.3 | 1.5 | 3.6 | 1.4 | 2.5% |
| United States | 3.6 | 0.7 | 0.9 | 1.3 | -28.8% |
| Kuwait | 0.9 | 0.1 | N/A | N/A | -88.9% |
| Others | 3.5 | 3.7 | 3.5 | 3.9 | 3.7% |
| Total | 29.7 | 23.1 | 30.2 | 28.3 | -1.6% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the United Arab Emirates in 2022:
- China (1603.0 tons)
- United Kingdom (180.9 tons)
- India (94.7 tons)
- Italy (76.7 tons)
- United States (61.1 tons)
- Germany (48.0 tons)
- Kuwait (1.7 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates
In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from the United Arab Emirates shrank to 573 tons, which is down by -11.7% against 2021 figures. Over the period under review, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. As a result, the exports reached the peak of 649 tons, and then reduced in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s expanded markedly to $5.5M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,315 | 1,070 | 1,840 | 2,107 | 17.0% |
| Oman | 2,821 | 1,736 | 1,197 | 1,387 | -21.1% |
| Ireland | 3.9 | N/A | N/A | 335 | 341.2% |
| India | 131 | 101 | 428 | 310 | 33.3% |
| Egypt | 0.3 | 67.8 | 175 | 259 | 852.2% |
| Benin | 0.8 | 1.3 | 0.5 | 257 | 584.9% |
| Bulgaria | N/A | N/A | N/A | 168 | 0% |
| Seychelles | 252 | 82.9 | 42.7 | 125 | -20.8% |
| Tanzania | 51.2 | 5.4 | 4.4 | 26.7 | -19.5% |
| Kenya | 9.8 | 9.3 | 30.0 | 24.5 | 35.7% |
| Cameroon | 4.4 | 62.3 | 30.5 | N/A | 163.3% |
| Iran | 117 | 541 | 251 | N/A | 46.5% |
| Saudi Arabia | 48.1 | 453 | 573 | N/A | 245.1% |
| Others | 296 | 223 | 510 | 453 | 15.2% |
| Total | 5,051 | 4,353 | 5,082 | 5,452 | 2.6% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from the United Arab Emirates in 2022:
- United Kingdom (194.6 tons)
- Oman (153.3 tons)
- Tanzania (43.0 tons)
- Benin (29.8 tons)
- Ireland (21.4 tons)
- Seychelles (16.7 tons)
- Bulgaria (14.6 tons)
- Egypt (13.4 tons)
- India (11.5 tons)
- Kenya (11.4 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in the United Arab Emirates.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
