Benelux: Market for Copper Tubes And Pipes 2023

Market Size for Copper Tubes And Pipes in Benelux

The Benelux copper tube and pipe market fell remarkably to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a slight curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Copper Tubes And Pipes in Benelux

In value terms, copper tube and pipe production declined notably to $X in 2022 estimated in export price. In general, production recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Copper Tubes And Pipes

Exports in Benelux

In 2022, overseas shipments of copper tubes and pipes increased by X% to X tons, rising for the fourth consecutive year after six years of decline. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, copper tube and pipe exports surged to $X in 2022. Over the period under review, exports recorded noticeable growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the largest copper tube and pipe supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Copper Tubes And Pipes

Imports in Benelux

In 2022, supplies from abroad of copper tubes and pipes increased by X% to X tons, rising for the fifth year in a row after five years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, 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 X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, copper tube and pipe imports expanded notably to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in imports structure, together making up X% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Luxembourg (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest copper tube and pipe importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X), together accounting for X% of total imports.

Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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