Price for Copper Alloy Tube or Pipe Fitting in Brazil - 2024

Price for Copper Alloy Tube or Pipe Fitting in Brazil (CIF) - 2024

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $17,137 per ton in February 2024, waning by -2.7% against the previous month. Over the period under review, the import price recorded a mild shrinkage. The growth pace was the most rapid in April 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $21,677 per ton. From May 2023 to February 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was France ($38,140 per ton), while the price for Hong Kong SAR ($11,530 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Sweden (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Brazil (FOB) - 2024

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $48,579 per ton in February 2024, dropping by -4.1% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 33% month-to-month. Over the period under review, the average export prices hit record highs at $66,160 per ton in May 2023; however, from June 2023 to February 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($211K per ton), while the average price for exports to Bolivia ($19,297 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Brazil

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys imported into Brazil soared to 2.7K tons, increasing by 16% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys soared to $52M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +74.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Copper Alloy Tube or Pipe Fitting in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.3	8.1	11.8	16.1	24.7%
Germany	6.1	4.5	8.5	9.6	16.3%
Norway	5.4	4.2	7.6	8.5	16.3%
Italy	4.9	4.9	6.0	6.0	7.0%
Sweden	1.7	1.4	2.2	2.5	13.7%
Hong Kong SAR	1.1	0.9	0.7	1.8	17.8%
France	1.7	1.3	2.7	1.6	-2.0%
Others	4.2	4.2	5.4	5.5	9.4%
Total	33.4	29.5	44.7	51.5	15.5%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Brazil in 2022:

China (1187.0 tons)
Norway (452.9 tons)
Italy (325.4 tons)
Germany (279.9 tons)
Hong Kong SAR (152.0 tons)
Sweden (124.2 tons)
France (54.8 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Brazil

In 2022, approx. 112 tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were exported from Brazil; with a decrease of -13.9% on the previous year's figure. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys rose remarkably to $5M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Copper Alloy Tube or Pipe Fitting in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	890	720	1,116	1,015	4.5%
Argentina	408	345	578	688	19.0%
Chile	456	409	639	613	10.4%
United States	285	320	324	444	15.9%
India	3.6	4.8	116	440	396.3%
Paraguay	402	285	458	392	-0.8%
Peru	171	149	283	344	26.2%
Mexico	172	85.7	146	257	14.3%
Bolivia	139	53.7	139	147	1.9%
Uruguay	79.5	65.8	78.1	108	10.8%
China	65.4	120	210	33.2	-20.2%
Italy	85.1	15.0	10.4	8.9	-52.9%
Singapore	299	2.7	21.9	6.8	-71.7%
Others	476	621	407	507	2.1%
Total	3,932	3,195	4,526	5,005	8.4%