Price for Copper Tube or Pipe Fitting in Azerbaijan - 2023

Contents:

1. Price for Copper Tube or Pipe Fitting in Azerbaijan (CIF) - 2022
2. Price for Copper Tube or Pipe Fitting in Azerbaijan (FOB) - 2022
3. Imports of Copper Tube or Pipe Fitting in Azerbaijan
4. Exports of Copper Tube or Pipe Fitting in Azerbaijan

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

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $23,451 per ton, picking up by 86% against the previous year. Overall, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 127% against the previous year. The import price peaked at $28,956 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($50,588 per ton), while the price for Turkey ($5,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $6,933 per ton, waning by -68.5% against the previous year. Overall, the export price showed a abrupt descent. The growth pace was the most rapid in 2021 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices reached the maximum at $29,571 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($67,000 per ton), while the average price for exports to Georgia stood at $2,643 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tube or Pipe Fitting in Azerbaijan

In 2022, copper tube or pipe fitting imports into Azerbaijan reduced notably to 4.7 tons, with a decrease of -28.4% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of 6.6 tons, and then contracted notably in the following year.

In value terms, copper tube or pipe fitting imports skyrocketed to $111K in 2022. Over the period under review, imports showed a abrupt shrinkage.

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

1. Turkey (1564.0 kg)
2. China (1041.0 kg)
3. United Kingdom (1017.0 kg)
4. Germany (896.0 kg)
5. Iran (190.0 kg)

Exports of Copper Tube or Pipe Fitting in Azerbaijan

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper exported from Azerbaijan soared to 15 kg, growing by 114% against the previous year's figure. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper tube or pipe fitting exports shrank rapidly to $104 in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 258%. As a result, the exports reached the peak of $154, and then contracted markedly in the following year.

Top Export Markets for Copper Tube or Pipe Fitting from Azerbaijan in 2022:

1. Georgia (14.0 kg)
2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform