Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $13,806 per ton, standing approx. at the previous year. In general, the import price continues to indicate modest growth. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. The import price peaked 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 Germany ($28,178 per ton), while the price for Ukraine ($8,567 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.3%), 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 Russia (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $8,113 per ton in 2022, shrinking by -29.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 44% against the previous year. The export price peaked at $14,100 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,316 per ton), while the average price for exports to Kyrgyzstan ($4,892 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 Kyrgyzstan (+5.6%), while the prices for the other major destinations experienced a decline.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia
In 2022, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into Russia dropped to 16K tons, reducing by -9.7% on the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 17K tons, and then shrank in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell to $214M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +28.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $235M, and then declined in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.8 | 54.3 | 86.6 | 87.9 | 13.7% |
| Italy | 46.2 | 48.2 | 66.8 | 72.8 | 16.4% |
| Turkey | 14.0 | 15.6 | 25.2 | 18.8 | 10.3% |
| Germany | 23.1 | 24.1 | 27.9 | 18.6 | -7.0% |
| Poland | 6.4 | 7.7 | 7.2 | 6.2 | -1.1% |
| Ukraine | 4.4 | 3.6 | 4.1 | 0.1 | -71.7% |
| Belarus | 2.2 | 1.9 | 2.5 | N/A | 6.6% |
| Others | 10.4 | 11.4 | 14.7 | 9.6 | -2.6% |
| Total | 166 | 167 | 235 | 214 | 8.8% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Russia in 2022:
- China (8.7K tons)
- Italy (3.7K tons)
- Turkey (1.6K tons)
- Germany (0.7K tons)
- Poland (0.3K tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -13.5% to 858 tons. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s dropped dramatically to $7M in 2022. Over the period under review, exports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports reached the peak of $11M, and then fell significantly in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 3.1 | 3.2 | 5.1 | 5.3 | 19.6% |
| Kyrgyzstan | 0.2 | 0.2 | 0.6 | 0.8 | 58.7% |
| Uzbekistan | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| Armenia | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Belarus | 3.3 | 3.2 | 4.3 | N/A | 14.2% |
| Others | 0.6 | 1.0 | 0.7 | 0.2 | -30.7% |
| Total | 7.3 | 7.8 | 11.4 | 7.0 | -1.4% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Russia in 2022:
- Kazakhstan (580.0 tons)
- Kyrgyzstan (161.3 tons)
- Uzbekistan (59.7 tons)
- Armenia (37.8 tons)
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