Price for Refined Copper Tube and Pipe in Japan - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Japan (CIF) - 2023
- Price for Refined Copper Tube and Pipe in Japan (FOB) - 2023
- Imports of Refined Copper Tube and Pipe in Japan
- Exports of Refined Copper Tube and Pipe in Japan
Price for Refined Copper Tube and Pipe in Japan (CIF) - 2023
In July 2023, the average import price for tubes and pipes of refined copper amounted to $10,156 per ton, remaining relatively unchanged against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 3.1% month-to-month. The import price peaked at $10,768 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($10,086 per ton), while the price for Vietnam ($9,631 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Refined Copper Tube and Pipe in Japan (FOB) - 2023
In July 2023, the average export price for tubes and pipes of refined copper amounted to $11,128 per ton, increasing by 6.2% 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 an increase of 18% against the previous month. As a result, the export price attained the peak level of $12,168 per ton. From April 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($16,811 per ton), while the average price for exports to Malaysia ($8,845 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Japan
In 2022, the amount of tubes and pipes of refined copper imported into Japan fell to 16K tons, dropping by -10.8% on the previous year. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year.
In value terms, refined copper tube and pipe imports shrank to $173M in 2022. In general, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +47.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, imports reached the peak of $186M, and then declined in the following year.
| Import of Refined Copper Tube and Pipe in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.9 | 76.2 | 118 | 101 | 0.4% |
| Thailand | 37.2 | 22.9 | 38.4 | 34.9 | -2.1% |
| Vietnam | 7.4 | 8.2 | 18.7 | 27.8 | 55.5% |
| South Korea | 10.3 | 7.6 | 7.5 | 4.2 | -25.8% |
| Others | 3.9 | 2.6 | 3.2 | 4.3 | 3.3% |
| Total | 159 | 117 | 186 | 173 | 2.9% |
Top Suppliers of Refined Copper Tube and Pipe to Japan in 2022:
- China (9.5K tons)
- Thailand (3.4K tons)
- Vietnam (2.7K tons)
- South Korea (0.4K tons)
Exports of Refined Copper Tube and Pipe in Japan
For the third year in a row, Japan recorded decline in overseas shipments of tubes and pipes of refined copper, which decreased by -25.7% to 3.7K tons in 2022. Over the period under review, exports faced a sharp curtailment. The smallest decline of -23.3% was in 2020.
In value terms, refined copper tube and pipe exports fell remarkably to $39M in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -23.4% was in 2020.
| Export of Refined Copper Tube and Pipe in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 72.2 | 52.3 | 30.1 | 21.5 | -33.2% |
| China | 10.6 | 8.5 | 6.4 | 5.1 | -21.6% |
| Taiwan (Chinese) | 4.8 | 4.2 | 5.0 | 4.9 | 0.7% |
| Thailand | 3.8 | 3.1 | 4.2 | 3.4 | -3.6% |
| Philippines | 1.8 | 3.0 | 1.8 | 1.5 | -5.9% |
| India | 1.7 | 1.5 | 1.7 | 0.8 | -22.2% |
| Others | 2.4 | 2.0 | 2.3 | 2.3 | -1.4% |
| Total | 97.3 | 74.6 | 51.5 | 39.4 | -26.0% |
Top Export Markets for Refined Copper Tube and Pipe from Japan in 2022:
- Malaysia (2369.5 tons)
- Taiwan (Chinese) (394.6 tons)
- China (363.8 tons)
- Thailand (245.3 tons)
- Philippines (156.9 tons)
- India (68.5 tons)
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
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This report provides an in-depth analysis of the market for copper tube and pipe in Japan.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Japan.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
899
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
968
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5035
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
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