Price for Refined Copper Tube and Pipe in Egypt - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Egypt (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Egypt (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Egypt
- Exports of Refined Copper Tube and Pipe in Egypt
Price for Refined Copper Tube and Pipe in Egypt (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,560 per ton in 2022, surging by 7.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($11,560 per ton) and Bahrain ($11,560 per ton), while the price for Thailand ($11,560 per ton) and South Korea ($11,560 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Egypt (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $11,670 per ton in 2022, rising by 5.4% against the previous year. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($11,671 per ton), while the average price for exports to Italy stood at $11,671 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.8%).
Imports of Refined Copper Tube and Pipe in Egypt
In 2022, refined copper tube and pipe imports into Egypt shrank to 6.2K tons, which is down by -13.1% against the previous year's figure. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, imports attained the peak of 7.1K tons, and then contracted in the following year.
In value terms, refined copper tube and pipe imports declined to $71M in 2022. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 131% against the previous year. As a result, imports reached the peak of $76M, and then declined in the following year.
| Import of Refined Copper Tube and Pipe in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.4 | 16.9 | 25.5 | 38.6 | 19.9% |
| South Africa | 4.3 | 1.6 | 3.0 | 8.1 | 23.5% |
| Italy | 5.5 | 4.5 | 11.0 | 7.3 | 9.9% |
| South Korea | 2.4 | 1.5 | 2.0 | 4.4 | 22.4% |
| Bahrain | N/A | 0.2 | 2.2 | 4.0 | 347.2% |
| Vietnam | 0.4 | 0.3 | N/A | 1.7 | 62.0% |
| United States | 0.3 | 0.4 | 0.6 | 1.5 | 71.0% |
| Malaysia | 3.0 | 0.7 | 0.5 | 0.8 | -35.6% |
| United Arab Emirates | 5.6 | 4.9 | 12.4 | 0.5 | -55.3% |
| Russia | N/A | N/A | 9.5 | N/A | 0% |
| Others | 2.8 | 2.0 | 9.5 | 4.7 | 18.8% |
| Total | 46.8 | 33.0 | 76.2 | 71.5 | 15.2% |
Top Suppliers of Refined Copper Tube and Pipe to Egypt in 2022:
- China (3335.1 tons)
- South Africa (697.8 tons)
- Italy (628.5 tons)
- South Korea (382.3 tons)
- Bahrain (344.7 tons)
- Vietnam (147.3 tons)
- United States (132.4 tons)
- Malaysia (65.8 tons)
- United Arab Emirates (40.1 tons)
Exports of Refined Copper Tube and Pipe in Egypt
Refined copper tube and pipe exports from Egypt skyrocketed to 41 tons in 2022, rising by 318,808% on the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe exports soared to $484K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined Copper Tube and Pipe in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Jordan | N/A | N/A | 308 | 0% | |
| Italy | N/A | N/A | 176 | 0% | |
| Libya | 31.3 | N/A | N/A | 0% | |
| Others | N/A | 0.1 | 0.1 | 0.0% | |
| Total | 31.3 | 0.1 | 484 | 293.2% | |
Top Export Markets for Refined Copper Tube and Pipe from Egypt in 2022:
- Jordan (26.4 tons)
- Italy (15.1 tons)
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