Price for Copper Alloy Tube or Pipe Fitting in Ethiopia - 2022
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Ethiopia (FOB) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in Ethiopia (CIF) - 2022
- Exports of Copper Alloy Tube or Pipe Fitting in Ethiopia
- Imports of Copper Alloy Tube or Pipe Fitting in Ethiopia
Price for Copper Alloy Tube or Pipe Fitting in Ethiopia (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $13,670 per ton in 2022, with a decrease of -3.1% against the previous year. Overall, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 97%. The export price peaked at $14,956 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2013 to 2022, the rate of growth in terms of prices for Estonia amounted to -3.2% per year.
Price for Copper Alloy Tube or Pipe Fitting in Ethiopia (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $14,163 per ton in 2022, with an increase of 4.7% against the previous year. Overall, the import price saw resilient growth. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($15,531 per ton), while the price for Vietnam ($573 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.2%), while the prices for the other major suppliers experienced a decline.
Exports of Copper Alloy Tube or Pipe Fitting in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, which increased by 33% to 24 tons in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 97% against the previous year. Over the period under review, the exports of hit record highs 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 skyrocketed to $327K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 107%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Copper Alloy Tube or Pipe Fitting in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 84.0 | 180 | 254 | 327 | 57.3% |
| Others | 3.2 | 0.2 | 0.1 | 0.2 | -60.3% |
| Total | 87.2 | 180 | 254 | 327 | 55.4% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Ethiopia in 2022:
- Estonia (23.9 tons)
Imports of Copper Alloy Tube or Pipe Fitting in Ethiopia
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys imported into Ethiopia declined to 16 tons, waning by -4.3% on the previous year. In general, imports continue to indicate a significant curtailment.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys reached $221K in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 5.6%.
| Import of Copper Alloy Tube or Pipe Fitting in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 77.6 | 116 | 193 | 219 | 41.3% |
| China | 90.9 | 46.9 | 14.0 | 0.6 | -81.2% |
| United States | 31.3 | 0.3 | 0.3 | 0.5 | -74.8% |
| Vietnam | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Italy | 27.7 | 14.2 | 0.7 | 0.2 | -80.7% |
| India | 2.2 | 0.5 | 0.3 | 0.1 | -64.3% |
| United Arab Emirates | 4.7 | 3.4 | 0.4 | N/A | -70.8% |
| South Africa | 9.2 | 3.4 | 0.7 | N/A | -72.4% |
| Others | 49.0 | 24.1 | 10.5 | 0.9 | -73.6% |
| Total | 293 | 209 | 221 | 221 | -9.0% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Ethiopia in 2022:
- Canada (14.1 tons)
- United States (0.5 tons)
- Vietnam (0.5 tons)
- Italy (0.1 tons)
- India (0.1 tons)
- China (0.1 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Ethiopia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
