Price for Copper Alloy Tube or Pipe Fitting in Croatia - 2023

Price for Copper Alloy Tube or Pipe Fitting in Croatia (CIF) - 2023

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $18,171 per ton in December 2023, growing by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2023 when the average import price increased by 26% against the previous month. The import price peaked at $21,495 per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Slovenia ($37,101 per ton), while the price for Poland ($7,328 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 Italy (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Alloy Tube or Pipe Fitting in Croatia (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $17,454 per ton, declining by -16.1% against the previous year. Overall, the export price showed a slight setback. The growth pace was the most rapid in 2014 an increase of 42%. As a result, the export price attained the peak level of $22,294 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($118,125 per ton), while the average price for exports to Italy ($11,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Croatia

In 2022, approx. 1.1K tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were imported into Croatia; with an increase of 12% on 2021 figures. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded significantly to $19M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +61.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Copper Alloy Tube or Pipe Fitting in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	5.6	5.4	8.5	10.5	23.3%
Germany	3.2	3.2	4.2	4.2	9.5%
Poland	0.3	0.3	0.8	1.1	54.2%
Austria	0.7	0.8	1.0	0.9	8.7%
Slovenia	0.6	0.5	0.7	0.7	5.3%
China	0.2	0.3	0.4	0.4	26.0%
Serbia	0.3	0.1	0.2	0.1	-30.7%
Others	1.2	1.1	1.3	1.1	-2.9%
Total	12.1	11.7	17.0	18.9	16.0%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Croatia in 2022:

Italy (643.9 tons)
Poland (190.3 tons)
Germany (135.7 tons)
Austria (42.8 tons)
China (28.8 tons)
Slovenia (26.6 tons)
Serbia (5.6 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Croatia

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys exported from Croatia skyrocketed to 50 tons, rising by 25% on 2021. The total export volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 39% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $868K in 2022. The total export value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Copper Alloy Tube or Pipe Fitting in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	175	369	344	425	34.4%
Italy	20.8	29.7	49.1	120	79.4%
Hungary	46.5	119	80.7	101	29.5%
Bosnia and Herzegovina	83.6	60.9	81.6	78.5	-2.1%
Serbia	25.2	19.4	13.8	44.0	20.4%
Germany	83.8	88.9	116	37.6	-23.4%
Bulgaria	137	77.6	63.5	12.0	-55.6%
Others	75.8	69.1	80.8	50.2	-12.8%
Total	648	834	829	868	10.2%