Price for Refined Copper Tube and Pipe in Tunisia - 2022

Contents:

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

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

In 2022, the average import price for tubes and pipes of refined copper amounted to $11,399 per ton, surging by 8.6% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +78.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($31,552 per ton), while the price for Singapore ($5,056 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refined Copper Tube and Pipe in Tunisia (FOB) - 2022

The average export price for tubes and pipes of refined copper stood at $10,029 per ton in December 2022, therefore, remained relatively stable against the previous month. Overall, the export price showed a pronounced reduction. The growth pace was the most rapid in May 2022 when the average export price increased by 66% against the previous month. As a result, the export price attained the peak level of $18,648 per ton. From June 2022 to December 2022, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In December 2022, the country with the highest price was Cote d'Ivoire ($11,656 per ton), while the average price for exports to Algeria amounted to $9,990 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+25.2%), while the prices for the other major destinations experienced a decline.

Imports of Refined Copper Tube and Pipe in Tunisia

Refined copper tube and pipe imports into Tunisia rose sharply to 441 tons in 2022, growing by 9.3% against the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +87.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, refined copper tube and pipe imports skyrocketed to $5M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 105% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Refined Copper Tube and Pipe in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9332331,3881,58819.4%
Greece6283335461,36129.4%
Thailand61.6344781557108.3%
Italy14326639944145.6%
France10129512324033.4%
Turkey260194378215-6.1%
Spain91.894.058.017223.3%
FinlandN/A94.826716632.3%
Singapore20.523.658.692.565.2%
India9.340.188.987.3110.9%
Others109142140104-1.6%
Total2,3562,0594,2295,02428.7%

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

  1. China (161.1 tons)
  2. Greece (119.0 tons)
  3. Italy (39.3 tons)
  4. Turkey (27.5 tons)
  5. Singapore (18.3 tons)
  6. Thailand (17.6 tons)
  7. Finland (15.6 tons)
  8. France (14.9 tons)
  9. Spain (14.1 tons)
  10. India (8.2 tons)

Exports of Refined Copper Tube and Pipe in Tunisia

In 2022, overseas shipments of tubes and pipes of refined copper increased by 964% to 427 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, refined copper tube and pipe exports skyrocketed to $4.4M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Refined Copper Tube and Pipe in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan19389.478.71,18182.9%
Cote d'Ivoire57.530.246.51,132170.0%
Algeria28010267.481742.9%
Morocco81.058.640.8710106.2%
Libya70.239.640.237775.1%
Others35.59.69.920178.2%
Total7173292844,41883.3%

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

  1. Algeria (117.8 tons)
  2. Jordan (103.4 tons)
  3. Cote d'Ivoire (78.4 tons)
  4. Morocco (74.7 tons)
  5. Libya (37.7 tons)

Source: IndexBox Market Intelligence Platform

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