Price for Refined Copper Tube and Pipe in Uzbekistan - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Uzbekistan (FOB) - 2023
- Price for Refined Copper Tube and Pipe in Uzbekistan (CIF) - 2022
- Exports of Refined Copper Tube and Pipe in Uzbekistan
- Imports of Refined Copper Tube and Pipe in Uzbekistan
Price for Refined Copper Tube and Pipe in Uzbekistan (FOB) - 2023
The average export price for tubes and pipes of refined copper stood at $9,373 per ton in May 2023, flattening at the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 6.2% against the previous month. The export price peaked at $10,177 per ton in May 2022; however, from June 2022 to May 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In May 2023, the highest price was recorded for prices to Kyrgyzstan ($9,820 per ton) and Kazakhstan ($9,752 per ton), while the average price for exports to Turkey ($8,912 per ton) and Egypt ($9,196 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+0.8%), while the prices for the other major destinations experienced a decline.
Price for Refined Copper Tube and Pipe in Uzbekistan (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,145 per ton in 2022, growing by 4.1% against the previous year. In general, the import price showed a mild increase. The pace of growth appeared the most rapid in 2021 an increase of 78%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
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 the United States ($20,882 per ton), while the price for Iran ($1,369 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced a decline.
Exports of Refined Copper Tube and Pipe in Uzbekistan
In 2022, the amount of tubes and pipes of refined copper exported from Uzbekistan skyrocketed to 17K tons, surging by 70% compared with the year before. In general, exports recorded significant growth. 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 $156M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 140%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Refined Copper Tube and Pipe in Uzbekistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 23.0 | 25.9 | 64.1 | 78.0 | 50.2% |
Russia | 9.6 | 10.9 | 32.9 | 62.9 | 87.1% |
Belarus | 1.8 | 3.2 | 3.0 | 3.5 | 24.8% |
Azerbaijan | 1.7 | 1.8 | 2.6 | 3.3 | 24.7% |
Kazakhstan | 1.2 | 1.8 | 2.6 | 3.1 | 37.2% |
Others | 1.9 | 2.2 | 4.7 | 5.0 | 38.1% |
Total | 39.2 | 45.7 | 110 | 156 | 58.5% |
Top Export Markets for Refined Copper Tube and Pipe from Uzbekistan in 2022:
- Turkey (8.7K tons)
- Russia (6.7K tons)
- Belarus (0.4K tons)
- Azerbaijan (0.4K tons)
- Kazakhstan (0.3K tons)
Imports of Refined Copper Tube and Pipe in Uzbekistan
In 2022, purchases abroad of tubes and pipes of refined copper was finally on the rise to reach 55 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic decrease.
In value terms, refined copper tube and pipe imports skyrocketed to $614K in 2022. Over the period under review, imports, however, recorded a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year.
Import of Refined Copper Tube and Pipe in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 992 | 288 | 405 | 488 | -21.1% |
Russia | 69.9 | 7.6 | 25.0 | 60.6 | -4.6% |
United States | N/A | N/A | N/A | 37.6 | 0% |
Turkey | 17.0 | 9.6 | 51.6 | 22.4 | 9.6% |
Iran | N/A | N/A | N/A | 2.7 | 0% |
Georgia | 110 | N/A | N/A | N/A | 0% |
Others | 37.8 | 9.6 | 1.2 | 2.6 | -59.0% |
Total | 1,227 | 315 | 483 | 614 | -20.6% |
Top Suppliers of Refined Copper Tube and Pipe to Uzbekistan in 2022:
- China (45.6 tons)
- Russia (4.4 tons)
- Iran (2.0 tons)
- United States (1.8 tons)
- Turkey (1.2 tons)
This report provides an in-depth analysis of the market for copper tube and pipe in Uzbekistan.
This report provides an in-depth analysis of the market for copper pipe and fitting in Uzbekistan.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Uzbekistan.
This report provides an in-depth analysis of the market for copper pipe and fitting in Uzbekistan.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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