Sweden: Market for Copper Tubes And Pipes 2024

Market Size for Copper Tubes And Pipes in Sweden

In 2022, the Swedish copper tube and pipe market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a pronounced curtailment. Copper tube and pipe consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Copper Tubes And Pipes in Sweden

In value terms, copper tube and pipe production declined slightly to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Copper Tubes And Pipes

Exports from Sweden

For the third consecutive year, Sweden recorded decline in shipments abroad of copper tubes and pipes, which decreased by X% to X tons in 2022. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure 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 dropped modestly to $X in 2022. In general, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for copper tube and pipe exports from Sweden, with a X% share of total exports. Moreover, copper tube and pipe exports to Finland exceeded the volume sent to the second major destination, Norway (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Finland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Denmark (X% per year).

In value terms, Finland ($X), Norway ($X) and Denmark ($X) were the largest markets for copper tube and pipe exported from Sweden worldwide, together accounting for X% of total exports. Estonia and Germany lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average copper tube and pipe export price amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated a slight expansion 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 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and Norway ($X per ton), while the average price for exports to Estonia ($X per ton) and Finland ($X 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 Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes And Pipes

Imports into Sweden

Copper tube and pipe imports into Sweden rose sharply to X tons in 2022, growing by X% compared with the previous year. Overall, imports, however, recorded a perceptible setback. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, copper tube and pipe imports rose sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a slight downturn. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of copper tube and pipe imports to Sweden, with a combined X% share of total imports. Finland, Austria, Greece, Mexico, China and Denmark lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest copper tube and pipe suppliers to Sweden were the UK ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. Finland, Austria, Greece, China, Mexico and Denmark lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper tube and pipe import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Finland ($X per ton), while the price for Germany ($X per ton) and the UK ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :