Price for Refined Copper Tube and Pipe in Slovenia - 2023

Contents:

  1. Price for Refined Copper Tube and Pipe in Slovenia (CIF) - 2022
  2. Price for Refined Copper Tube and Pipe in Slovenia (FOB) - 2023
  3. Imports of Refined Copper Tube and Pipe in Slovenia
  4. Exports of Refined Copper Tube and Pipe in Slovenia

Price for Refined Copper Tube and Pipe in Slovenia (CIF) - 2022

In 2022, the average import price for tubes and pipes of refined copper amounted to $10,667 per ton, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 Slovakia ($16,571 per ton), while the price for Italy ($8,347 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refined Copper Tube and Pipe in Slovenia (FOB) - 2023

The average export price for tubes and pipes of refined copper stood at $14,801 per ton in December 2023, growing by 21% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in January 2023 when the average export price increased by 38% against the previous month. As a result, the export price reached the peak level of $15,954 per ton. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($52,444 per ton), while the average price for exports to Croatia ($10,334 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refined Copper Tube and Pipe in Slovenia

In 2022, the amount of tubes and pipes of refined copper imported into Slovenia contracted rapidly to 1.3K tons, declining by -16.4% against 2021 figures. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports attained the peak of 1.6K tons, and then plummeted in the following year.

In value terms, refined copper tube and pipe imports declined dramatically to $14M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +54.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of $17M, and then fell notably in the following year.

Import of Refined Copper Tube and Pipe in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.22.74.74.310.4%
Belgium1.41.32.52.521.3%
Germany1.71.32.82.17.3%
Slovakia0.30.70.91.571.0%
Austria1.80.81.40.9-20.6%
VietnamN/AN/A0.50.860.0%
Turkey0.30.20.50.518.6%
Greece0.60.30.30.5-5.9%
Croatia0.20.30.50.535.7%
Serbia0.60.50.50.2-30.7%
ChinaN/A0.11.00.10.0%
Others0.60.81.20.5-5.9%
Total10.89.216.814.29.6%

Top Suppliers of Refined Copper Tube and Pipe to Slovenia in 2022:

  1. Italy (518.2 tons)
  2. Belgium (230.6 tons)
  3. Germany (169.6 tons)
  4. Slovakia (92.5 tons)
  5. Austria (77.3 tons)
  6. Vietnam (67.7 tons)
  7. Croatia (43.8 tons)
  8. Turkey (43.1 tons)
  9. Greece (43.0 tons)
  10. Serbia (13.0 tons)
  11. China (4.8 tons)

Exports of Refined Copper Tube and Pipe in Slovenia

After three years of growth, overseas shipments of tubes and pipes of refined copper decreased by -48.7% to 282 tons in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 114%. As a result, the exports attained the peak of 550 tons, and then reduced markedly in the following year.

In value terms, refined copper tube and pipe exports reduced dramatically to $3.5M in 2022. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 156%. As a result, the exports attained the peak of $6.5M, and then fell rapidly in the following year.

Export of Refined Copper Tube and Pipe in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia2826121,8231,12258.5%
KosovoN/A133348728134.0%
Bosnia and Herzegovina2103711,16167847.8%
Croatia778768819350-23.4%
Germany11985.011491.1-8.5%
Hungary46.31631,04385.922.9%
Slovakia0.50.352.576.8435.5%
Czech Republic6.213.749.276.5131.1%
United KingdomN/AN/A431N/A0%
Others720397661302-25.1%
Total2,1632,5446,5033,51117.5%

Top Export Markets for Refined Copper Tube and Pipe from Slovenia in 2022:

  1. Serbia (103.4 tons)
  2. Kosovo (64.1 tons)
  3. Bosnia and Herzegovina (51.1 tons)
  4. Croatia (28.9 tons)
  5. Hungary (6.5 tons)
  6. Slovakia (5.5 tons)
  7. Czech Republic (5.1 tons)
  8. Germany (4.4 tons)

Source: IndexBox Market Intelligence Platform

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