Price for Refined Copper Tube and Pipe in Latvia - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Latvia (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Latvia (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Latvia
- Exports of Refined Copper Tube and Pipe in Latvia
Price for Refined Copper Tube and Pipe in Latvia (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $13,155 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +72.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 42%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Greece ($17,879 per ton), while the price for Finland ($7,531 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Latvia (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $11,608 per ton, rising by 5.7% against the previous year. Over the period under review, the export price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 41% against the previous year. The export price peaked at $18,353 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($33,910 per ton), while the average price for exports to Russia ($10,112 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 Estonia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Latvia
For the fourth year in a row, Latvia recorded growth in purchases abroad of tubes and pipes of refined copper, which increased by 9.5% to 302 tons in 2022. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe imports skyrocketed to $4M in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Refined Copper Tube and Pipe in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 621 | 834 | 1,297 | 1,340 | 29.2% |
| Greece | N/A | N/A | N/A | 935 | 0% |
| Germany | 383 | 406 | 632 | 599 | 16.1% |
| Poland | 425 | 384 | 529 | 332 | -7.9% |
| Lithuania | 170 | 143 | 204 | 295 | 20.2% |
| Estonia | 46.7 | 60.5 | 145 | 186 | 58.5% |
| China | 153 | 174 | 96.4 | 95.5 | -14.5% |
| Finland | 111 | 64.8 | 55.0 | 65.0 | -16.3% |
| Others | 63.9 | 28.3 | 40.9 | 132 | 27.4% |
| Total | 1,975 | 2,095 | 2,999 | 3,979 | 26.3% |
Top Suppliers of Refined Copper Tube and Pipe to Latvia in 2022:
- Italy (114.9 tons)
- Germany (59.4 tons)
- Greece (52.3 tons)
- Lithuania (22.3 tons)
- Poland (19.2 tons)
- Estonia (13.2 tons)
- Finland (8.6 tons)
- China (6.9 tons)
Exports of Refined Copper Tube and Pipe in Latvia
For the fourth year in a row, Latvia recorded growth in shipments abroad of tubes and pipes of refined copper, which increased by 175% to 135 tons in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe exports surged to $1.6M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined Copper Tube and Pipe in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 19.9 | 12.5 | 191 | 1,018 | 271.2% |
| Lithuania | 89.1 | 139 | 207 | 215 | 34.1% |
| Sweden | 29.0 | 8.3 | 19.7 | 209 | 93.2% |
| Estonia | 45.0 | 39.8 | 103 | 70.2 | 16.0% |
| Belarus | N/A | N/A | 7.0 | 31.3 | 347.1% |
| Others | 20.1 | 12.7 | 11.2 | 24.5 | 6.8% |
| Total | 203 | 212 | 539 | 1,569 | 97.7% |
Top Export Markets for Refined Copper Tube and Pipe from Latvia in 2022:
- Russia (100.7 tons)
- Lithuania (17.8 tons)
- Estonia (6.9 tons)
- Sweden (6.2 tons)
- Belarus (2.8 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Latvia.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Latvia.
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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 Latvia.
133
This report provides an in-depth analysis of the market for copper pipe and fitting in Latvia.
650
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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884
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...
888
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...
954
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...
5014
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...
282
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
