Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia (FOB) - 2023
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia (CIF) - 2022
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia (FOB) - 2023
The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $7,977 per ton in December 2023, standing approximately at the previous month. Overall, the export price saw a mild contraction. The most prominent rate of growth was recorded in April 2023 an increase of 9.2% month-to-month. Over the period under review, the average export prices attained the peak figure at $9,158 per ton in August 2023; however, from September 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In December 2023, the country with the highest price was Germany ($9,333 per ton), while the average price for exports to Poland totaled $6,526 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.7%).
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia (CIF) - 2022
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $11,189 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 27% against the previous year. The import price peaked at $12,561 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($12,744 per ton), while the price for Poland ($5,855 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia
In 2022, shipments abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -6.1% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 4.2K tons, and then contracted in the following year.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver expanded remarkably to $33M in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 4.9 | 17.0 | 21.3 | 82.6% |
| Poland | 7.0 | 8.7 | 11.5 | 9.5 | 10.7% |
| Italy | 1.2 | 2.7 | 1.2 | 2.4 | 26.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 11.9 | 16.3 | 29.8 | 33.4 | 41.1% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Latvia in 2022:
- Germany (2344.8 tons)
- Poland (1349.6 tons)
- Italy (228.9 tons)
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia
In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver imported into Latvia surged to 25 tons, growing by 21% compared with 2021 figures. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $285K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 87.6 | 72.5 | 82.2 | 109 | 7.6% |
| Lithuania | 33.0 | 15.3 | 81.3 | 93.6 | 41.6% |
| Sweden | N/A | N/A | 28.7 | 40.3 | 40.4% |
| Estonia | 29.5 | 43.5 | 12.5 | 38.3 | 9.1% |
| Poland | 3.5 | 4.9 | 2.2 | 1.0 | -34.1% |
| United Kingdom | 11.0 | N/A | N/A | 0.1 | -79.1% |
| Others | 33.1 | 8.4 | 5.1 | 1.9 | -61.4% |
| Total | 198 | 145 | 212 | 285 | 12.9% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Latvia in 2022:
- Lithuania (9.2 tons)
- Germany (9.0 tons)
- Estonia (3.9 tons)
- Sweden (3.2 tons)
- Poland (0.2 tons)
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Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
