Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands - 2023

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (CIF) - 2023
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (FOB) - 2023
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (CIF) - 2023

In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $7,506 per ton, waning by -38.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 92% month-to-month. Over the period under review, average import prices hit record highs at $14,699 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($59,337 per ton), while the price for China ($12,827 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), 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 the Netherlands (FOB) - 2023

In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $25,888 per ton, shrinking by -11.4% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 15% m-o-m. As a result, the export price attained the peak level of $31,377 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Vietnam ($30,005 per ton), while the average price for exports to Curacao ($8,777 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 Vietnam (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands

Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into the Netherlands skyrocketed to 18K tons in 2022, picking up by 38% compared with 2021. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $215M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +43.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.652.270.169.69.1%
France14.79.020.527.823.7%
Italy25.125.530.926.82.2%
China12.417.929.723.423.6%
Belgium14.713.116.320.611.9%
Poland2.85.710.110.354.4%
Norway4.73.35.26.913.7%
Turkey5.04.45.14.2-5.6%
Others17.019.324.525.314.2%
Total15015021221512.7%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the Netherlands in 2022:

  1. Germany (7.0K tons)
  2. Italy (2.8K tons)
  3. China (2.4K tons)
  4. France (1.8K tons)
  5. Belgium (1.3K tons)
  6. Norway (0.5K tons)
  7. Turkey (0.4K tons)
  8. Poland (0.4K tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands

In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -8.1% to 5.5K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of 6K tons, and then fell in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell modestly to $115M in 2022. Over the period under review, total exports indicated a prominent increase 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, exports increased by +56.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $118M, and then dropped modestly in the following year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.726.752.045.819.7%
Belgium9.811.614.313.511.3%
France7.68.612.311.815.8%
Brazil0.20.33.26.5219.1%
Norway4.45.15.05.25.7%
Sweden5.21.95.95.1-0.6%
Denmark3.93.54.84.65.7%
United States3.62.94.34.36.1%
Poland0.91.02.52.336.7%
Iceland1.21.11.52.018.6%
United Kingdom4.13.11.41.7-25.4%
Others8.47.811.212.413.9%
Total76.073.611811514.8%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from the Netherlands in 2022:

  1. Germany (2342.5 tons)
  2. Belgium (994.7 tons)
  3. Norway (513.6 tons)
  4. Brazil (280.5 tons)
  5. France (263.0 tons)
  6. United States (168.5 tons)
  7. Denmark (131.5 tons)
  8. Poland (124.5 tons)
  9. Iceland (100.1 tons)
  10. Sweden (81.6 tons)
  11. United Kingdom (68.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Copper; tube or pipe fittings (eg couplings, elbows, sleeves) - Netherlands