Price for Refined Copper Tube and Pipe in Serbia - 2024
Contents:
- Price for Refined Copper Tube and Pipe in Serbia (CIF) - 2024
- Price for Refined Copper Tube and Pipe in Serbia (FOB) - 2024
- Imports of Refined Copper Tube and Pipe in Serbia
- Exports of Refined Copper Tube and Pipe in Serbia
Price for Refined Copper Tube and Pipe in Serbia (CIF) - 2024
The average import price for tubes and pipes of refined copper stood at $11,392 per ton in January 2024, rising by 9.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $11,878 per ton in March 2023; however, from April 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($137K per ton), while the price for Turkey ($9,998 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Serbia (FOB) - 2024
In January 2024, the average export price for tubes and pipes of refined copper amounted to $11,280 per ton, remaining constant against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 4.8% month-to-month. The export price peaked at $12,297 per ton in February 2023; however, from March 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($23,309 per ton), while the average price for exports to North Macedonia ($10,322 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Serbia
After three years of growth, purchases abroad of tubes and pipes of refined copper decreased by -10.9% to 4K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +61.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year.
In value terms, refined copper tube and pipe imports shrank to $46M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. As a result, imports reached the peak of $50M, and then declined in the following year.
| Import of Refined Copper Tube and Pipe in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 10.3 | 19.7 | 23.3 | 22.5 | 29.8% |
| Italy | 1.8 | 2.8 | 7.8 | 6.0 | 49.4% |
| Mexico | N/A | 0.6 | 7.8 | 5.7 | 208.2% |
| Turkey | 1.4 | 1.9 | 4.3 | 4.5 | 47.6% |
| Slovakia | 2.5 | 3.7 | 3.6 | 3.4 | 10.8% |
| China | 0.8 | 1.0 | 1.0 | 3.1 | 57.1% |
| Spain | 0.6 | 0.6 | 0.9 | 0.4 | -12.6% |
| Others | 3.0 | 0.7 | 0.8 | 0.5 | -45.0% |
| Total | 20.3 | 31.1 | 49.6 | 46.2 | 31.5% |
Top Suppliers of Refined Copper Tube and Pipe to Serbia in 2022:
- Greece (2081.8 tons)
- Italy (540.9 tons)
- Mexico (517.1 tons)
- Turkey (406.5 tons)
- China (226.6 tons)
- Slovakia (111.8 tons)
- Spain (40.0 tons)
Exports of Refined Copper Tube and Pipe in Serbia
In 2022, shipments abroad of tubes and pipes of refined copper was finally on the rise to reach 2.7K tons after two years of decline. Over the period under review, exports, however, continue to indicate a significant curtailment.
In value terms, refined copper tube and pipe exports surged to $31M in 2022. In general, exports, however, continue to indicate a sharp slump.
| Export of Refined Copper Tube and Pipe in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 25.8 | 9.9 | 9.2 | 7.1 | -35.0% |
| France | 2.9 | 1.4 | 2.1 | 3.0 | 1.1% |
| Italy | 8.1 | 2.7 | 3.2 | 2.9 | -29.0% |
| Hungary | 1.5 | 1.2 | 2.0 | 2.6 | 20.1% |
| Germany | 5.4 | 1.1 | 1.1 | 2.1 | -27.0% |
| North Macedonia | 1.4 | 1.1 | 1.8 | 1.6 | 4.6% |
| Sweden | 0.4 | 0.7 | 1.1 | 1.6 | 58.7% |
| Poland | 1.6 | 0.4 | 0.7 | 1.4 | -4.4% |
| United States | N/A | 0.3 | 0.5 | 1.4 | 116.0% |
| Bosnia and Herzegovina | 1.6 | 0.6 | 1.2 | 1.4 | -4.4% |
| Montenegro | 0.4 | 0.5 | 0.9 | 1.3 | 48.1% |
| Spain | 0.1 | 0.3 | 0.4 | 1.0 | 115.4% |
| Austria | 0.1 | 0.1 | 0.4 | 0.9 | 108.0% |
| Others | 25.4 | 3.4 | 2.6 | 3.3 | -49.4% |
| Total | 74.7 | 23.7 | 27.0 | 31.5 | -25.0% |
Top Export Markets for Refined Copper Tube and Pipe from Serbia in 2022:
- Russia (666.2 tons)
- France (267.5 tons)
- Italy (259.3 tons)
- Hungary (233.6 tons)
- Germany (183.9 tons)
- North Macedonia (138.2 tons)
- Montenegro (116.8 tons)
- Bosnia and Herzegovina (114.2 tons)
- Poland (111.0 tons)
- United States (108.5 tons)
- Spain (84.6 tons)
- Austria (74.4 tons)
- Sweden (73.2 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Serbia.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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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...
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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...
984
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...
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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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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.
