Price for Copper Alloy Tube or Pipe Fitting in Egypt - 2023

Price for Copper Alloy Tube or Pipe Fitting in Egypt (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $20,729 per ton in 2022, rising by 5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($20,730 per ton) and the United States ($20,729 per ton), while the price for the United Arab Emirates ($20,728 per ton) and China ($20,729 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Egypt (FOB) - 2022

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $24,347 per ton in 2022, dropping by -2.9% against the previous year. Overall, the export price, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 4.6% against the previous year. As a result, the export price reached the peak level of $25,070 per ton, and then shrank slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +49.5% per year.

Imports of Copper Alloy Tube or Pipe Fitting in Egypt

In 2022, after two years of decline, there was significant growth in supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume increased by 19% to 356 tons. In general, imports, however, saw a abrupt downturn.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys soared to $7.4M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage.

Import of Copper Alloy Tube or Pipe Fitting in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4,979	4,597	2,483	5,137	1.0%
Italy	1,563	1,327	980	1,021	-13.2%
Turkey	159	74.0	145	298	23.3%
Germany	1,215	1,234	1,325	216	-43.8%
United Arab Emirates	N/A	53.3	62.6	157	71.6%
France	46.3	26.0	10.7	156	49.9%
United States	113	49.0	16.9	128	4.2%
South Korea	285	146	228	49.5	-44.2%
Others	474	259	659	224	-22.1%
Total	8,834	7,766	5,909	7,386	-5.8%

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

China (247.8 tons)
Italy (49.2 tons)
Turkey (14.4 tons)
Germany (10.4 tons)
United Arab Emirates (7.6 tons)
France (7.5 tons)
United States (6.2 tons)
South Korea (2.4 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Egypt

For the third consecutive year, Egypt recorded growth in shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, which increased by 17% to 64 tons in 2022. Overall, total exports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +34.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded markedly to $1.6M in 2022. In general, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +35.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.