Price for Copper Tube or Pipe Fitting in Bahrain - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Bahrain (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Bahrain (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Bahrain
- Exports of Copper Tube or Pipe Fitting in Bahrain
Price for Copper Tube or Pipe Fitting in Bahrain (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $9,333 per ton, increasing by 5.3% against the previous year. Overall, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure at $10,650 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,791 per ton), while the price for the United Arab Emirates ($2,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Bahrain (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $11,327 per ton in 2022, growing by 52% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($12,000 per ton), while the average price for exports to Cote d'Ivoire ($444 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 Saudi Arabia (+3.2%), while the prices for the other major destinations experienced a decline.
Imports of Copper Tube or Pipe Fitting in Bahrain
In 2022, copper tube or pipe fitting imports into Bahrain soared to 55 tons, growing by 77% compared with 2021 figures. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, copper tube or pipe fitting imports surged to $509K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Tube or Pipe Fitting in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 10.5 | 26.4 | 55.0 | 151 | 143.2% |
| United States | 36.1 | 41.6 | 67.0 | 150 | 60.8% |
| China | 4.8 | 10.2 | 19.1 | 127 | 198.0% |
| India | 14.4 | 20.0 | 23.1 | 19.5 | 10.6% |
| Italy | 1.5 | 0.5 | 0.7 | 18.1 | 129.4% |
| United Kingdom | 4.9 | 22.1 | 25.2 | 12.3 | 35.9% |
| United Arab Emirates | 45.5 | 31.4 | 1.3 | 11.7 | -36.4% |
| Spain | 5.3 | 6.3 | 3.9 | 8.4 | 16.6% |
| South Korea | 1.1 | 30.0 | 69.6 | 3.2 | 42.8% |
| Others | 22.0 | 11.3 | 8.0 | 7.4 | -30.5% |
| Total | 146 | 200 | 273 | 509 | 51.6% |
Top Suppliers of Copper Tube or Pipe Fitting to Bahrain in 2022:
- Saudi Arabia (23.8 tons)
- China (10.5 tons)
- United States (9.5 tons)
- United Arab Emirates (4.0 tons)
- India (2.5 tons)
- Italy (1.8 tons)
- Spain (0.9 tons)
- United Kingdom (0.8 tons)
- South Korea (0.2 tons)
Exports of Copper Tube or Pipe Fitting in Bahrain
In 2022, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -47.3% to 49 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by 71% against the previous year. As a result, the exports attained the peak of 336 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, copper tube or pipe fitting exports contracted markedly to $555 in 2022. Overall, exports faced a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 74%. As a result, the exports attained the peak of $2.7K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Copper Tube or Pipe Fitting in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 18.0 | N/A | N/A | 86.0 | 68.4% |
| Saudi Arabia | 326 | 1,240 | 213 | 24.0 | -58.1% |
| Cote d'Ivoire | N/A | N/A | N/A | 4.0 | 0% |
| United Arab Emirates | 1,203 | 1,315 | 481 | 1.0 | -90.6% |
| Pakistan | N/A | 134 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 440 | 0% |
| Total | 1,547 | 2,689 | 694 | 555 | -28.9% |
Top Export Markets for Copper Tube or Pipe Fitting from Bahrain in 2022:
- Oman (10.0 kg)
- Cote d'Ivoire (9.0 kg)
- Saudi Arabia (2.0 kg)
- United Arab Emirates (1.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Bahrain.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
