Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola - 2022

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola (FOB) - 2022
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $8,420 per ton, waning by -22% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 35% against the previous year. Over the period under review, average import prices reached the peak figure at $10,797 per ton in 2021, and then fell dramatically in the following year.

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 the UK ($23,689 per ton), while the price for China ($3,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola (FOB) - 2022

In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $7,835 per ton, reducing by -36.3% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 56%. Over the period under review, the average export prices reached the maximum at $13,594 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($13,042 per ton), while the average price for exports to South Africa ($1,000 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 Congo (+87.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola

In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Angola soared to 186 tons, jumping by 57% compared with the year before. In general, imports showed a remarkable increase. 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 surged to $1.6M 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 +11.0% 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 +66.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Angola in 2022:

1. Portugal (88.3 tons)
2. China (45.5 tons)
3. United Kingdom (12.0 tons)
4. Spain (8.0 tons)
5. France (5.8 tons)
6. United States (5.3 tons)
7. Italy (3.8 tons)
8. South Africa (3.2 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Angola

For the fourth consecutive year, Angola recorded growth in overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 380% to 796 kg in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $6.2K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Angola in 2022:

1. United States (440.0 kg)
2. Namibia (171.0 kg)
3. Netherlands (71.0 kg)
4. Portugal (56.0 kg)
5. Cameroon (27.0 kg)
6. Congo (12.0 kg)
7. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform