Price for Copper Alloy Tube or Pipe Fitting in Austria - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Austria (CIF) - 2023
- Price for Copper Alloy Tube or Pipe Fitting in Austria (FOB) - 2023
- Imports of Copper Alloy Tube or Pipe Fitting in Austria
- Exports of Copper Alloy Tube or Pipe Fitting in Austria
Price for Copper Alloy Tube or Pipe Fitting in Austria (CIF) - 2023
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $14,091 per ton in December 2023, which is down by -48.5% against the previous month. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 11% month-to-month. The import price peaked at $27,360 per ton in November 2023, and then dropped markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($20,150 per ton), while the price for Slovenia ($9,936 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Alloy Tube or Pipe Fitting in Austria (FOB) - 2023
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $29,277 per ton in December 2023, with an increase of 3.4% against the previous month. Overall, export price indicated a measured expansion from December 2022 to December 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys increased by +30.1% against September 2023 indices. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 23% month-to-month. The export price peaked in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($59,550 per ton), while the average price for exports to Singapore ($17,564 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Austria
In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -41.1% to 8.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports attained the peak of 15K tons, and then shrank sharply in the following year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank to $162M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $184M, and then shrank in the following year.
| Import of Copper Alloy Tube or Pipe Fitting in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 67.9 | 83.2 | 106 | 103 | 14.9% |
| Turkey | 2.1 | 15.1 | 33.3 | 20.3 | 113.0% |
| Italy | 13.5 | 9.7 | 13.9 | 13.8 | 0.7% |
| Slovenia | 5.9 | 6.7 | 11.3 | 5.2 | -4.1% |
| Poland | 2.6 | 3.3 | 4.1 | 4.1 | 16.4% |
| Spain | 3.5 | 3.0 | 6.2 | 4.1 | 5.4% |
| Others | 10.2 | 6.0 | 9.0 | 11.8 | 5.0% |
| Total | 106 | 127 | 184 | 162 | 15.2% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Austria in 2022:
- Germany (4.6K tons)
- Turkey (1.6K tons)
- Italy (1.2K tons)
- Slovenia (0.5K tons)
- Poland (0.2K tons)
- Spain (0.2K tons)
Exports of Copper Alloy Tube or Pipe Fitting in Austria
In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume decreased by -27.9% to 3.6K tons. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 143% against the previous year.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys fell to $68M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 66% against the previous year.
| Export of Copper Alloy Tube or Pipe Fitting in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.9 | 40.8 | 49.3 | 35.5 | 40.1% |
| Hungary | 3.7 | 4.1 | 3.6 | 4.1 | 3.5% |
| Poland | 4.4 | 3.9 | 5.8 | 3.8 | -4.8% |
| Slovakia | 3.0 | 3.0 | 3.2 | 3.5 | 5.3% |
| Slovenia | 0.8 | 0.8 | 1.2 | 2.3 | 42.2% |
| Ireland | 1.4 | 1.2 | 1.4 | 2.1 | 14.5% |
| Switzerland | 1.8 | 1.6 | 1.8 | 1.9 | 1.8% |
| Italy | 0.7 | 0.8 | 0.9 | 1.7 | 34.4% |
| New Zealand | 1.0 | 0.4 | 0.8 | 1.0 | 0.0% |
| Netherlands | 0.9 | 0.9 | 1.0 | 0.7 | -8.0% |
| Others | 9.1 | 8.4 | 10.7 | 11.3 | 7.5% |
| Total | 39.6 | 65.8 | 79.6 | 67.9 | 19.7% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Austria in 2022:
- Germany (2155.3 tons)
- Hungary (216.0 tons)
- Poland (162.3 tons)
- Slovakia (136.4 tons)
- Slovenia (112.4 tons)
- Italy (77.6 tons)
- Ireland (72.7 tons)
- Netherlands (64.1 tons)
- New Zealand (59.0 tons)
- Switzerland (51.1 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Austria.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
