Price for Copper Alloy Tube or Pipe Fitting in Tanzania - 2023

Price for Copper Alloy Tube or Pipe Fitting in Tanzania (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $3,289 per ton, waning by -44.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 85% against the previous year. As a result, import price reached the peak level of $5,960 per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,297 per ton), while the price for the United Arab Emirates ($487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Tanzania (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $106,900 per ton, surging by 1,385% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Mozambique.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +186.9% per year.

Imports of Copper Alloy Tube or Pipe Fitting in Tanzania

In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Tanzania soared to 89 tons, increasing by 31% against 2021 figures. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank rapidly to $291K in 2022. In general, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 148%. As a result, imports attained the peak of $402K, and then shrank sharply in the following year.

Import of Copper Alloy Tube or Pipe Fitting in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	55.0	27.2	10.4	81.0	13.8%
Turkey	29.1	8.9	46.7	60.8	27.8%
Germany	12.8	16.5	16.7	40.6	46.9%
China	11.1	32.9	70.2	29.5	38.5%
Australia	6.4	6.1	1.5	14.7	31.9%
South Africa	2.9	2.5	0.8	12.3	61.9%
United Arab Emirates	16.1	0.8	4.1	9.5	-16.1%
India	6.1	10.9	4.8	8.5	11.7%
Italy	2.1	16.8	6.7	2.4	4.6%
Spain	86.2	0.3	205	0.6	-80.9%
Others	14.8	39.0	35.5	31.5	28.6%
Total	243	162	402	291	6.2%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Tanzania in 2022:

Turkey (24.2 tons)
China (20.2 tons)
United Arab Emirates (19.5 tons)
United Kingdom (9.8 tons)
India (4.1 tons)
Australia (2.4 tons)
South Africa (2.2 tons)
Germany (1.5 tons)
Italy (0.5 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Tanzania

In 2022, approx. 10 kg of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were exported from Tanzania; rising by 100% compared with the previous year's figure. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys skyrocketed to $1.1K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.