Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (FOB) - 2023
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (CIF) - 2023
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $7,980 per ton in November 2023, which is down by -38.3% against the previous month. In general, import price indicated a measured increase from December 2022 to November 2023: its price increased at an average monthly rate of +3.5% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -38.3% against October 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 98% m-o-m. The import price peaked at $13,685 per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Ireland ($59,966 per ton), while the price for France ($1,401 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 Ireland (+38.7%), 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 the Czech Republic (FOB) - 2023
In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $18,601 per ton, leveling off at the previous month. Overall, the export price, however, saw a mild descent. The pace of growth was the most pronounced in March 2023 an increase of 13% month-to-month. The export price peaked at $25,086 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Germany ($32,298 per ton), while the average price for exports to Belgium ($3,961 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 Slovakia (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s imported into the Czech Republic soared to 11K tons, growing by 34% against the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +60.4% against 2020 indices. As a result, imports reached 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 expanded notably to $141M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.9 | 24.2 | 34.0 | 35.4 | 21.2% |
| Italy | 23.5 | 21.2 | 33.0 | 30.5 | 9.1% |
| China | 15.1 | 14.7 | 18.2 | 26.6 | 20.8% |
| Poland | 4.1 | 6.5 | 8.6 | 9.0 | 30.0% |
| Thailand | 5.0 | 3.6 | 5.5 | 7.6 | 15.0% |
| Slovakia | 3.1 | 6.5 | 5.4 | 5.4 | 20.3% |
| Denmark | 0.2 | 0.3 | 0.6 | 4.0 | 171.4% |
| Turkey | 2.3 | 2.4 | 3.6 | 3.4 | 13.9% |
| United Kingdom | 9.4 | 7.6 | 3.4 | 3.0 | -31.7% |
| France | 2.3 | 0.9 | 1.4 | 2.2 | -1.5% |
| Others | 11.1 | 9.4 | 12.7 | 14.2 | 8.6% |
| Total | 95.9 | 97.3 | 126 | 141 | 13.7% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the Czech Republic in 2022:
- China (2462.2 tons)
- Germany (2414.0 tons)
- Italy (2281.5 tons)
- France (692.8 tons)
- Denmark (425.8 tons)
- Poland (385.3 tons)
- Slovakia (369.8 tons)
- Thailand (309.5 tons)
- Turkey (267.6 tons)
- United Kingdom (134.3 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -19.9% to 2K tons. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then contracted remarkably in the following year.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted rapidly to $38M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 24%. As a result, the exports reached the peak of $46M, and then contracted rapidly in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 9.5 | 9.7 | 11.0 | 11.8 | 7.5% |
| Germany | 11.0 | 12.1 | 17.2 | 11.3 | 0.9% |
| Poland | 2.8 | 2.1 | 3.6 | 3.7 | 9.7% |
| Italy | 1.7 | 2.8 | 3.0 | 2.2 | 9.0% |
| Belgium | 1.2 | 1.2 | 1.5 | 1.4 | 5.3% |
| Austria | 0.2 | 0.3 | 0.4 | 1.1 | 76.5% |
| Hungary | 0.7 | 0.7 | 0.8 | 1.0 | 12.6% |
| Romania | 0.7 | 0.7 | 1.0 | 0.9 | 8.7% |
| Turkey | 0.3 | 0.1 | 0.3 | 0.7 | 32.6% |
| Russia | 1.2 | 1.2 | 1.3 | 0.6 | -20.6% |
| United Kingdom | 2.1 | 0.5 | 0.3 | 0.2 | -54.3% |
| Israel | 0.3 | 2.3 | 1.9 | N/A | 151.7% |
| Others | 2.4 | 3.1 | 3.4 | 3.3 | 11.2% |
| Total | 34.1 | 36.9 | 45.7 | 38.2 | 3.9% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from the Czech Republic in 2022:
- Slovakia (592.3 tons)
- Germany (467.9 tons)
- Poland (250.0 tons)
- Italy (168.2 tons)
- Romania (76.6 tons)
- Belgium (72.9 tons)
- Austria (65.0 tons)
- Hungary (57.2 tons)
- Turkey (51.8 tons)
- Russia (32.5 tons)
- United Kingdom (3.4 tons)
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