Price for Refined Copper Tube and Pipe in Estonia - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Estonia (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Estonia (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Estonia
- Exports of Refined Copper Tube and Pipe in Estonia
Price for Refined Copper Tube and Pipe in Estonia (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,060 per ton in 2022, approximately mirroring the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +37.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 36%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Sweden ($23,053 per ton), while the price for Latvia ($9,010 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Estonia (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $12,916 per ton, rising by 14% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 18%. The export price peaked at $12,920 per ton in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($15,857 per ton), while the average price for exports to Norway ($7,940 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 Ukraine (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Estonia
In 2022, imports of tubes and pipes of refined copper into Estonia rose notably to 260 tons, picking up by 9.3% compared with the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% 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 +63.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, refined copper tube and pipe imports stood at $2.9M in 2022. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 104% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
Import of Refined Copper Tube and Pipe in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 739 | 333 | 325 | 879 | 6.0% |
Italy | 203 | 274 | 810 | 700 | 51.1% |
Finland | 379 | 299 | 367 | 462 | 6.8% |
Germany | 48.4 | 93.6 | 340 | 280 | 79.5% |
Poland | 57.8 | 18.0 | 242 | 229 | 58.2% |
Greece | N/A | 92.5 | 89.8 | 89.5 | -1.6% |
Latvia | 33.5 | 32.1 | 95.9 | 89.5 | 38.8% |
Vietnam | 228 | 81.6 | 149 | 49.8 | -39.8% |
Others | 225 | 57.1 | 190 | 101 | -23.4% |
Total | 1,914 | 1,281 | 2,608 | 2,880 | 14.6% |
Top Suppliers of Refined Copper Tube and Pipe to Estonia in 2022:
- China (72.7 tons)
- Italy (70.8 tons)
- Finland (46.3 tons)
- Germany (27.6 tons)
- Poland (15.5 tons)
- Latvia (9.9 tons)
- Greece (8.8 tons)
- Vietnam (3.5 tons)
Exports of Refined Copper Tube and Pipe in Estonia
For the fourth consecutive year, Estonia recorded growth in overseas shipments of tubes and pipes of refined copper, which increased by 8.2% to 45 tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, refined copper tube and pipe exports skyrocketed to $582K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Refined Copper Tube and Pipe in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 52.3 | 76.0 | 146 | 204 | 57.4% |
Latvia | 88.6 | 104 | 126 | 157 | 21.0% |
Ukraine | 26.5 | 7.4 | N/A | 116 | 63.6% |
Russia | 41.5 | 104 | 90.3 | 89.4 | 29.2% |
Sweden | N/A | 6.4 | 0.9 | 12.6 | 40.3% |
Norway | 0.2 | 13.9 | 52.5 | 1.1 | 76.5% |
Netherlands | N/A | N/A | 48.3 | N/A | 0% |
Others | 5.4 | 4.4 | 8.9 | 2.3 | -24.8% |
Total | 214 | 316 | 473 | 582 | 39.6% |
Top Export Markets for Refined Copper Tube and Pipe from Estonia in 2022:
- Finland (14.0 tons)
- Latvia (11.4 tons)
- Ukraine (9.4 tons)
- Russia (9.1 tons)
- Sweden (1.0 tons)
- Norway (0.1 tons)
This report provides an in-depth analysis of the market for copper tube and pipe in Estonia.
This report provides an in-depth analysis of the market for copper pipe and fitting in Estonia.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Estonia.
This report provides an in-depth analysis of the market for copper pipe and fitting in Estonia.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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