Price for Refined Copper Tube and Pipe in the Netherlands - 2023

Contents:

  1. Price for Refined Copper Tube and Pipe in the Netherlands (CIF) - 2023
  2. Price for Refined Copper Tube and Pipe in the Netherlands (FOB) - 2023
  3. Imports of Refined Copper Tube and Pipe in the Netherlands
  4. Exports of Refined Copper Tube and Pipe in the Netherlands

Price for Refined Copper Tube and Pipe in the Netherlands (CIF) - 2023

The average import price for tubes and pipes of refined copper stood at $11,389 per ton in July 2023, which is down by -4.7% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 9.4% against the previous month. The import price peaked at $12,130 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($22,398 per ton), while the price for China ($10,123 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refined Copper Tube and Pipe in the Netherlands (FOB) - 2023

The average export price for tubes and pipes of refined copper stood at $13,349 per ton in July 2023, waning by -5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices reached the maximum at $14,208 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($27,524 per ton), while the average price for exports to Poland ($10,039 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refined Copper Tube and Pipe in the Netherlands

In 2022, after three years of growth, there was decline in supplies from abroad of tubes and pipes of refined copper, when their volume decreased by -0.7% to 7.7K tons. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of 7.8K tons, leveling off in the following year.

In value terms, refined copper tube and pipe imports fell to $88M in 2022. Over the period under review, total imports indicated prominent 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 +62.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $89M, and then declined slightly in the following year.

Import of Refined Copper Tube and Pipe in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.619.127.025.0-4.4%
Greece7.29.119.322.245.5%
China6.010.217.513.832.0%
Belgium5.75.51.813.132.0%
France0.52.44.03.794.9%
Italy0.91.02.53.658.7%
United Kingdom4.84.86.03.3-11.7%
Austria3.51.02.11.4-26.3%
Others0.80.98.91.831.0%
Total58.054.089.187.914.9%

Top Suppliers of Refined Copper Tube and Pipe to the Netherlands in 2022:

  1. Greece (2165.6 tons)
  2. Germany (1984.9 tons)
  3. China (1267.4 tons)
  4. Belgium (1138.7 tons)
  5. France (416.2 tons)
  6. United Kingdom (313.6 tons)
  7. Italy (201.2 tons)
  8. Austria (114.8 tons)

Exports of Refined Copper Tube and Pipe in the Netherlands

After three years of growth, overseas shipments of tubes and pipes of refined copper decreased by -17.6% to 1K tons in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, the exports attained the peak of 1.2K tons, and then reduced rapidly in the following year.

In value terms, refined copper tube and pipe exports declined markedly to $10M in 2022. In general, exports, however, saw strong growth. The growth pace was the most rapid in 2021 with an increase of 110% against the previous year. As a result, the exports attained the peak of $15M, and then dropped notably in the following year.

Export of Refined Copper Tube and Pipe in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,9083,9753,6944,87118.8%
Poland36.07.54281,115214.0%
Germany1,2661,2746,868995-7.7%
United Kingdom17314441273361.8%
Suriname24026938160135.8%
Norway3.332.0293403396.1%
Czech Republic482498821237-21.1%
Curacao137129107124-3.3%
Aruba11672.61471201.1%
Others1,1247131,7621,079-1.4%
Total6,4867,11314,91210,28016.6%

Top Export Markets for Refined Copper Tube and Pipe from the Netherlands in 2022:

  1. Belgium (571.9 tons)
  2. Poland (123.6 tons)
  3. Germany (77.0 tons)
  4. Suriname (53.6 tons)
  5. United Kingdom (43.3 tons)
  6. Norway (27.9 tons)
  7. Czech Republic (21.9 tons)
  8. Curacao (12.9 tons)
  9. Aruba (11.0 tons)

Source: IndexBox Market Intelligence Platform

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