Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia (CIF) - 2023
In November 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $23,133 per ton, growing by 14% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in May 2023 an increase of 22% m-o-m. Over the period under review, average import prices attained the peak figure in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($26,709 per ton), while the price for China ($15,141 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), 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 Slovakia (FOB) - 2023
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $28,205 per ton in November 2023, jumping by 23% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($71,856 per ton), while the average price for exports to Ukraine ($16,063 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia
For the fourth consecutive year, Slovakia recorded growth in purchases abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 12% to 3.3K tons in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank slightly to $53M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $54M, and then declined in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.2 | 11.1 | 13.9 | 14.8 | 13.2% |
| Italy | 8.3 | 8.9 | 11.9 | 10.8 | 9.2% |
| Czech Republic | 5.1 | 7.7 | 8.2 | 8.5 | 18.6% |
| China | 2.6 | 3.1 | 7.3 | 6.1 | 32.9% |
| Austria | 2.7 | 3.0 | 3.4 | 3.3 | 6.9% |
| Poland | 1.7 | 2.1 | 2.5 | 2.8 | 18.1% |
| Hungary | 0.1 | 1.3 | 1.9 | 1.8 | 162.1% |
| Others | 6.6 | 4.5 | 4.8 | 5.0 | -8.8% |
| Total | 37.4 | 41.6 | 53.9 | 52.9 | 12.3% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Slovakia in 2022:
- Germany (992.9 tons)
- Italy (636.2 tons)
- Czech Republic (533.9 tons)
- China (452.8 tons)
- Austria (171.8 tons)
- Hungary (130.8 tons)
- Poland (116.3 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia
In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -13% to 331 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of 489 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined modestly to $6.5M in 2022. The total export value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 25%.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1,962 | 2,804 | 2,585 | 2,747 | 11.9% |
| Italy | 356 | 439 | 524 | 726 | 26.8% |
| Hungary | 627 | 463 | 610 | 579 | -2.6% |
| Switzerland | 460 | 475 | 493 | 431 | -2.1% |
| Germany | 96.7 | 124 | 545 | 236 | 34.6% |
| Romania | 138 | 159 | 199 | 231 | 18.7% |
| Poland | 212 | 260 | 194 | 210 | -0.3% |
| Serbia | 90.8 | 127 | 150 | 192 | 28.4% |
| France | 17.0 | 11.9 | 39.1 | 186 | 122.0% |
| Croatia | 156 | 117 | 179 | 165 | 1.9% |
| Netherlands | 50.6 | 71.6 | 63.6 | 154 | 44.9% |
| Austria | 168 | 207 | 205 | 148 | -4.1% |
| Belgium | 163 | 356 | 389 | 119 | -10.0% |
| Others | 374 | 479 | 498 | 382 | 0.7% |
| Total | 4,870 | 6,092 | 6,675 | 6,505 | 10.1% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Slovakia in 2022:
- Czech Republic (174.0 tons)
- Hungary (34.9 tons)
- Germany (17.3 tons)
- Italy (15.3 tons)
- Switzerland (14.7 tons)
- France (14.0 tons)
- Serbia (11.3 tons)
- Romania (10.3 tons)
- Poland (7.3 tons)
- Netherlands (7.1 tons)
- Belgium (5.8 tons)
- Croatia (5.1 tons)
- Austria (3.2 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Slovakia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
