Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (FOB) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (CIF) - 2022
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (FOB) - 2023
In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $23,068 per ton, approximately equating the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 12% m-o-m. The export price peaked at $25,005 per ton in August 2023; however, from September 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($34,156 per ton), while the average price for exports to Jordan ($12,462 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $18,612 per ton in 2022, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,639 per ton), while the price for Turkey ($10,312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
Exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Italy contracted to 46K tons in 2022, reducing by -3% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 48K tons, and then fell in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose to $947M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 164 | 166 | 217 | 226 | 11.3% |
| France | 79.1 | 64.8 | 93.4 | 98.5 | 7.6% |
| Russia | 46.2 | 48.2 | 66.8 | 72.4 | 16.2% |
| United States | 21.5 | 18.6 | 40.5 | 53.2 | 35.3% |
| Belgium | 36.2 | 36.8 | 50.5 | 45.1 | 7.6% |
| Israel | 16.9 | 18.2 | 30.9 | 31.7 | 23.3% |
| Czech Republic | 22.2 | 20.1 | 27.8 | 29.4 | 9.8% |
| Poland | 19.1 | 18.2 | 25.7 | 27.0 | 12.2% |
| Spain | 21.6 | 17.8 | 24.9 | 23.3 | 2.6% |
| Netherlands | 15.6 | 15.7 | 20.5 | 21.8 | 11.8% |
| Austria | 9.9 | 10.0 | 14.1 | 18.2 | 22.5% |
| Romania | 14.3 | 15.3 | 18.6 | 18.1 | 8.2% |
| Bulgaria | 10.0 | 13.9 | 16.9 | 15.2 | 15.0% |
| Others | 197 | 201 | 262 | 267 | 10.7% |
| Total | 674 | 665 | 910 | 947 | 12.0% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Italy in 2022:
- Germany (10.7K tons)
- France (4.3K tons)
- Russia (3.7K tons)
- Belgium (2.4K tons)
- Israel (2.0K tons)
- United States (1.7K tons)
- Czech Republic (1.5K tons)
- Spain (1.5K tons)
- Poland (1.3K tons)
- Netherlands (1.1K tons)
- Romania (1.0K tons)
- Austria (1.0K tons)
- Bulgaria (0.9K tons)
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Italy declined modestly to 8.4K tons, which is down by -4.2% against the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of 8.7K tons, and then contracted modestly in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s expanded notably to $156M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.5 | 42.2 | 55.2 | 53.8 | 10.8% |
| China | 28.8 | 19.8 | 34.2 | 47.4 | 18.1% |
| Poland | 13.2 | 12.4 | 19.7 | 20.0 | 14.9% |
| Turkey | 4.8 | 7.5 | 13.2 | 12.3 | 36.8% |
| France | 2.3 | 1.5 | 2.6 | 2.4 | 1.4% |
| Czech Republic | 1.3 | 1.5 | 2.7 | 2.2 | 19.2% |
| Others | 12.8 | 12.5 | 20.0 | 17.9 | 11.8% |
| Total | 103 | 97.5 | 148 | 156 | 14.8% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Italy in 2022:
- China (3.0K tons)
- Germany (1.9K tons)
- Turkey (1.2K tons)
- Poland (1.1K tons)
- France (0.2K tons)
- Czech Republic (0.1K tons)
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