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

Contents:

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

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

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $8,947 per ton in March 2022, jumping by 21% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 39% m-o-m. The import price peaked at $10,051 per ton in September 2021; however, from October 2021 to March 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($30,915 per ton), while the price for Singapore ($3,918 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.4%), 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 Indonesia (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $9,711 per ton in 2022, which is down by -25.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 25%. Over the period under review, the average export prices attained the peak figure at $13,373 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($26,205 per ton), while the average price for exports to Canada ($8,600 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 Singapore (+13.6%), while the prices for the other major destinations experienced a decline.

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

Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Indonesia expanded to 2.2K tons in 2022, picking up by 4.4% against 2021. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose sharply to $17M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.05.57.48.35.8%
Singapore2.13.02.52.10.0%
Japan1.00.71.32.128.1%
South Korea1.01.01.61.39.1%
Thailand0.30.40.30.410.1%
Others4.12.52.83.1-8.9%
Total15.513.216.017.43.9%

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

  1. China (1206.9 tons)
  2. Singapore (535.8 tons)
  3. Japan (212.0 tons)
  4. South Korea (66.1 tons)
  5. Thailand (40.0 tons)

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

In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Indonesia contracted markedly to 814 tons, dropping by -38.7% against the previous year. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then dropped dramatically in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s reduced sharply to $7.9M in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 54%. As a result, the exports attained the peak of $17M, and then reduced dramatically in the following year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.49.915.87.0-9.4%
Canada1.91.01.10.8-25.0%
Others0.30.30.40.1-30.7%
Total11.611.317.47.9-12.0%

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

  1. United States (714.1 tons)
  2. Canada (87.6 tons)

Source: IndexBox Market Intelligence Platform

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