Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $14,185 per ton in 2022, growing by 12% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 41%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 Malaysia ($21,578 per ton), while the price for Portugal ($9,509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), 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 Spain (FOB) - 2023
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $17,967 per ton in November 2023, waning by -14.2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 17% against the previous month. The export price peaked at $20,943 per ton in October 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($39,251 per ton), while the average price for exports to Tunisia ($8,547 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 Turkey (+30.1%), 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 Spain
In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Spain fell to 11K tons, which is down by -11.9% against 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 12K tons, and then fell in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined to $155M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of $158M, and then contracted modestly in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.5 | 48.8 | 92.5 | 85.0 | 15.3% |
| Italy | 23.9 | 21.9 | 29.7 | 28.0 | 5.4% |
| Poland | 9.0 | 8.6 | 12.1 | 12.9 | 12.7% |
| Germany | 9.9 | 9.4 | 10.3 | 10.6 | 2.3% |
| Malaysia | 0.7 | N/A | 0.1 | 5.4 | 97.6% |
| France | 6.5 | 3.3 | 2.7 | 3.5 | -18.6% |
| Others | 14.2 | 9.5 | 10.7 | 10.0 | -11.0% |
| Total | 120 | 101 | 158 | 155 | 8.9% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Spain in 2022:
- China (6.4K tons)
- Italy (1.8K tons)
- Poland (1.0K tons)
- Germany (0.6K tons)
- Malaysia (0.3K tons)
- France (0.2K tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain
In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Spain declined to 8.8K tons, falling by -9.9% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 9.8K tons, and then dropped in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $155M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, the exports reached the peak of $175M, and then contracted in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 52.5 | 50.9 | 73.8 | 58.0 | 3.4% |
| France | 33.7 | 33.3 | 48.2 | 47.2 | 11.9% |
| Portugal | 12.9 | 12.4 | 15.2 | 16.8 | 9.2% |
| Germany | 7.0 | 6.2 | 10.6 | 8.3 | 5.8% |
| Austria | 3.4 | 3.4 | 5.0 | 4.7 | 11.4% |
| Morocco | 2.3 | 2.2 | 3.6 | 2.6 | 4.2% |
| Belgium | 1.5 | 1.8 | 2.7 | 2.5 | 18.6% |
| Italy | 0.9 | 0.9 | 1.6 | 2.3 | 36.7% |
| United Kingdom | 2.6 | 1.8 | 2.5 | 1.5 | -16.8% |
| Others | 10.2 | 10.0 | 11.9 | 11.2 | 3.2% |
| Total | 127 | 123 | 175 | 155 | 6.9% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Spain in 2022:
- Poland (3668.0 tons)
- France (2036.2 tons)
- Portugal (1267.0 tons)
- Germany (378.5 tons)
- Austria (211.1 tons)
- Morocco (183.1 tons)
- Belgium (178.1 tons)
- Italy (136.0 tons)
- United Kingdom (86.4 tons)
539
This report provides an in-depth analysis of the market for copper pipe and fitting in Spain.
587
This report provides an in-depth analysis of the global market for copper pipe and fitting.
