Europe: Market for Copper Tubes And Pipes 2024

Market Size for Copper Tubes And Pipes in Europe

In 2022, the Europe copper tube and pipe market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Copper Tubes And Pipes in Europe

In value terms, copper tube and pipe production reached $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Copper Tubes And Pipes

Exports in Europe

In 2022, shipments abroad of copper tubes and pipes increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, copper tube and pipe exports totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Germany (X tons), Greece (X tons) and Italy (X tons), together accounting for X% of total export. It was distantly followed by Austria (X tons), comprising a X% share of total exports. Finland (X tons), Spain (X tons), Poland (X tons), the UK (X tons), France (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest copper tube and pipe supplying countries in Europe were Germany ($X), Italy ($X) and Greece ($X), together accounting for X% of total exports. Austria, Finland, Spain, Poland, France, the UK and Russia lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, remaining constant against the previous year. Export price indicated a mild increase from 2012 to 2022: its price 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, copper tube and pipe export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Copper Tubes And Pipes

Imports in Europe

In 2022, the amount of copper tubes and pipes imported in Europe shrank to X tons, with a decrease of X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, copper tube and pipe imports stood at $X in 2022. Total imports indicated a tangible expansion 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 pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of copper tube and pipe imports in 2022 were Italy (X tons), Germany (X tons), France (X tons) and the UK (X tons), together reaching X% of total import. Poland (X tons) held the next position in the ranking, followed by Russia (X tons), the Czech Republic (X tons) and Spain (X tons). All these countries together took approx. X% share of total imports. The following importers - the Netherlands (X tons), Sweden (X tons), Belgium (X tons), Portugal (X tons) and Hungary (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The UK, Poland, the Czech Republic, Spain, the Netherlands, Russia, Belgium, Sweden, Hungary and Portugal lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs 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 Germany ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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