Price for Copper Tube or Pipe Fitting in Bangladesh - 2022

Contents:

1. Price for Copper Tube or Pipe Fitting in Bangladesh (CIF) - 2022
2. Price for Copper Tube or Pipe Fitting in Bangladesh (FOB) - 2022
3. Imports of Copper Tube or Pipe Fitting in Bangladesh
4. Exports of Copper Tube or Pipe Fitting in Bangladesh

Price for Copper Tube or Pipe Fitting in Bangladesh (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $11,669 per ton, shrinking by -11.4% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper tube or pipe fitting import price increased by +85.5% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 46%. As a result, import price reached the peak level of $13,174 per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($49,311 per ton), while the price for Thailand ($2,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $11,200 per ton in 2022, increasing by 6.7% against the previous year. Overall, the export price, however, saw a noticeable decrease. The growth pace was the most rapid in 2013 an increase of 106% against the previous year. As a result, the export price attained the peak level of $37,800 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -4.5% per year.

Imports of Copper Tube or Pipe Fitting in Bangladesh

In 2022, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -39.3% to 38 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 116% against the previous year. As a result, imports attained the peak of 82 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, copper tube or pipe fitting imports declined remarkably to $446K in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 158%.

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

1. China (14.4 tons)
2. United Arab Emirates (11.7 tons)
3. Malaysia (9.0 tons)
4. United Kingdom (1.4 tons)
5. India (1.0 tons)
6. Italy (0.6 tons)

Exports of Copper Tube or Pipe Fitting in Bangladesh

In 2022, approx. 5 kg of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from Bangladesh; with a decrease of -16.7% compared with the previous year's figure. Over the period under review, exports saw a abrupt setback. The smallest decline of -14.3% was in 2021.

In value terms, copper tube or pipe fitting exports shrank to $56 in 2022. Overall, exports faced a abrupt decrease. The smallest decline of -10% was in 2021.

Top Export Markets for Copper Tube or Pipe Fitting from Bangladesh in 2022:

1. Singapore (5.0 kg)

Source: IndexBox Market Intelligence Platform