Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia (CIF) - 2023
In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $19,264 per ton, with an increase of 8.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 17% m-o-m. Over the period under review, average import prices attained the peak figure at $23,654 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Latvia ($47,453 per ton), while the price for Poland ($10,424 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Latvia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia (FOB) - 2023
In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $30,523 per ton, waning by -3.3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 13% m-o-m. As a result, the export price reached the peak level of $33,548 per ton. From May 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($45,389 per ton), while the average price for exports to Finland ($16,753 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Estonia skyrocketed to 793 tons, with an increase of 23% compared with 2021 figures. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $14M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +49.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.9 | 1.9 | 2.1 | 4.1 | 29.2% |
| China | 2.7 | 2.0 | 2.2 | 3.5 | 9.0% |
| Germany | 2.2 | 2.6 | 2.6 | 2.7 | 7.1% |
| Italy | 1.5 | 1.2 | 1.6 | 1.5 | 0.0% |
| Poland | 0.3 | 0.6 | 0.8 | 0.9 | 44.2% |
| Lithuania | N/A | 0.4 | 0.3 | 0.4 | 0.0% |
| Latvia | N/A | 0.3 | 0.3 | 0.4 | 15.5% |
| Spain | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.0 | 0.5 | 0.7 | 0.6 | -15.7% |
| Total | 9.9 | 9.6 | 10.7 | 14.4 | 13.3% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Estonia in 2022:
- China (242.9 tons)
- Sweden (192.5 tons)
- Germany (138.4 tons)
- Italy (91.8 tons)
- Poland (55.6 tons)
- Latvia (17.4 tons)
- Lithuania (14.3 tons)
- Spain (11.5 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia
In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -13.7% to 363 tons, falling for the second year in a row after two years of growth. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 2.6% against the previous year. As a result, the exports reached the peak of 459 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined to $8.3M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $9.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.2 | 1.7 | 4.8 | 4.9 | 190.4% |
| Lithuania | 0.8 | 1.5 | 2.0 | 1.7 | 28.6% |
| Latvia | 1.1 | 1.2 | 1.3 | 1.2 | 2.9% |
| Finland | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Russia | 0.9 | 0.8 | 0.3 | 0.1 | -51.9% |
| Sweden | 4.7 | 3.6 | 0.2 | N/A | -79.4% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 8.2 | 9.1 | 8.9 | 8.3 | 0.4% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Estonia in 2022:
- Poland (256.9 tons)
- Lithuania (48.7 tons)
- Latvia (35.1 tons)
- Finland (14.8 tons)
- Russia (4.7 tons)
- Sweden (1.2 tons)
130
This report provides an in-depth analysis of the market for copper pipe and fitting in Estonia.
579
This report provides an in-depth analysis of the global market for copper pipe and fitting.
