Price for Refined Copper Tube and Pipe in Vietnam - 2021
Contents:
- Price for Refined Copper Tube and Pipe in Vietnam (FOB) - 2022
- Price for Refined Copper Tube and Pipe in Vietnam (CIF) - 2022
- Exports of Refined Copper Tube and Pipe in Vietnam
- Imports of Refined Copper Tube and Pipe in Vietnam
Price for Refined Copper Tube and Pipe in Vietnam (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $10,427 per ton, surging by 10% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 export price increased by +53.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($11,163 per ton) and Canada ($10,913 per ton), while the average price for exports to Japan ($10,002 per ton) and the UK ($10,032 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Vietnam (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,120 per ton in 2022, picking up by 9.1% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +56.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,861 per ton), while the price for Australia ($8,838 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined Copper Tube and Pipe in Vietnam
In 2022, shipments abroad of tubes and pipes of refined copper decreased by -9.7% to 86K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2020 with an increase of 5.9%. As a result, the exports attained the peak of 103K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, refined copper tube and pipe exports declined modestly to $901M in 2022. The total export value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of $907M, leveling off in the following year.
| Export of Refined Copper Tube and Pipe in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 15.8 | 11.0 | 62.2 | 118 | 95.5% |
| United Kingdom | 31.0 | 23.4 | 35.5 | 81.8 | 38.2% |
| Japan | 7.4 | 8.2 | 18.7 | 65.3 | 106.6% |
| Canada | 3.4 | 3.3 | 8.7 | 58.1 | 157.6% |
| Spain | 5.8 | 6.0 | 15.6 | 50.9 | 106.3% |
| Australia | 17.5 | 18.0 | 20.1 | 42.5 | 34.4% |
| Germany | 0.5 | 1.0 | 9.0 | 37.5 | 321.7% |
| France | 1.1 | 2.9 | 7.3 | 28.9 | 197.3% |
| United States | 149 | 207 | 4.7 | 28.0 | -42.7% |
| Brazil | 20.5 | 23.2 | 29.5 | 26.1 | 8.4% |
| Czech Republic | 0.2 | 0.5 | 2.6 | 14.2 | 314.1% |
| China | 88.0 | 89.7 | 33.8 | 10.2 | -51.2% |
| India | 270 | 208 | 361 | N/A | 15.6% |
| Others | 64.7 | 97.3 | 297 | 339 | 73.7% |
| Total | 675 | 699 | 907 | 901 | 10.1% |
Top Export Markets for Refined Copper Tube and Pipe from Vietnam in 2022:
- Italy (11.6K tons)
- United Kingdom (8.2K tons)
- Japan (6.5K tons)
- Canada (5.3K tons)
- Spain (4.9K tons)
- Australia (3.9K tons)
- Germany (3.5K tons)
- France (2.8K tons)
- Brazil (2.5K tons)
- United States (2.5K tons)
- Czech Republic (1.4K tons)
- China (1.0K tons)
Imports of Refined Copper Tube and Pipe in Vietnam
In 2022, supplies from abroad of tubes and pipes of refined copper was finally on the rise to reach 7.9K tons after two years of decline. In general, imports, however, continue to indicate a deep downturn.
In value terms, refined copper tube and pipe imports skyrocketed to $88M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined Copper Tube and Pipe in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.0 | 16.6 | 18.9 | 40.6 | 2.2% |
| Germany | 4.4 | 5.0 | 4.2 | 22.6 | 72.5% |
| Australia | 0.2 | 0.3 | 0.2 | 0.9 | 65.1% |
| Thailand | 28.9 | 22.5 | 20.2 | N/A | -16.4% |
| South Korea | 2.5 | 3.1 | 2.8 | N/A | 5.8% |
| Malaysia | 8.9 | 7.0 | 6.2 | N/A | -16.5% |
| United States | 3.1 | 2.5 | N/A | N/A | -19.4% |
| Others | 1.5 | 1.3 | 5.0 | 23.6 | 150.6% |
| Total | 87.5 | 58.4 | 57.6 | 87.8 | 0.1% |
Top Suppliers of Refined Copper Tube and Pipe to Vietnam in 2022:
- China (3.9K tons)
- Germany (1.9K tons)
- Australia (0.1K tons)
1393
This report provides an in-depth analysis of the market for copper tube and pipe in Vietnam.
760
This report provides an in-depth analysis of the market for copper pipe and fitting in Vietnam.
658
This report provides an in-depth analysis of the global market for copper tube and pipe.
601
This report provides an in-depth analysis of the global market for copper pipe and fitting.
1393
This report provides an in-depth analysis of the market for copper tube and pipe in Vietnam.
760
This report provides an in-depth analysis of the market for copper pipe and fitting in Vietnam.
658
This report provides an in-depth analysis of the global market for copper tube and pipe.
601
This report provides an in-depth analysis of the global market for copper pipe and fitting.
903
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...
905
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...
973
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...
5041
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...
307
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.
903
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...
905
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...
973
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...
5041
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...
307
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.
