Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (CIF) - 2023
In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $22,630 per ton, standing approximately at the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 8.5% m-o-m. The import price peaked at $22,877 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the United States ($23,350 per ton) and China ($22,760 per ton), while the price for the UK ($22,352 per ton) and Italy ($22,352 per ton) were amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $24,382 per ton, reducing by -2.7% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 6,646% against the previous year. Over the period under review, the average export prices reached the peak figure at $25,070 per ton in 2021, and then contracted modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +49.5% per year.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt
In 2022, supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s was finally on the rise to reach 450 tons after two years of decline. Over the period under review, imports, however, faced a precipitous slump.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $9.5M in 2022. In general, imports, however, continue to indicate a abrupt slump.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 5.8 | 4.0 | 6.7 | -1.4% |
| Italy | 1.9 | 1.5 | 1.2 | 1.2 | -14.2% |
| Turkey | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| United States | 0.3 | 0.3 | 0.1 | 0.3 | 0.0% |
| United Arab Emirates | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| France | N/A | N/A | N/A | 0.2 | 0% |
| Germany | 1.5 | 1.8 | 1.4 | 0.2 | -48.9% |
| United Kingdom | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| South Korea | 0.4 | 0.2 | 0.3 | 0.1 | -37.0% |
| Others | 0.6 | 0.6 | 1.0 | 0.2 | -30.7% |
| Total | 12.3 | 10.5 | 8.4 | 9.5 | -8.2% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Egypt in 2022:
- China (317.4 tons)
- Italy (56.5 tons)
- Turkey (14.8 tons)
- United States (13.4 tons)
- United Arab Emirates (12.2 tons)
- Germany (11.6 tons)
- France (7.5 tons)
- South Korea (4.4 tons)
- United Kingdom (2.7 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Egypt surged to 65 tons, increasing by 19% compared with 2021. Overall, total exports indicated a significant expansion from 2020 to 2022: its volume increased at an average annual rate of +35.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $1.6M in 2022. Over the period under review, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +37.0% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Saudi Arabia | 759 | 1,144 | 1,534 | 42.2% | |
| Sweden | 79.3 | N/A | N/A | 0% | |
| Others | 4.0 | 220 | 46.0 | 239.1% | |
| Total | 842 | 1,364 | 1,580 | 37.0% | |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Egypt in 2022:
- Saudi Arabia (63.0 tons)
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