Price for Copper Alloy Tube or Pipe Fitting in Kenya - 2022
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Kenya (CIF) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in Kenya (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in Kenya
- Exports of Copper Alloy Tube or Pipe Fitting in Kenya
Price for Copper Alloy Tube or Pipe Fitting in Kenya (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $6,821 per ton, dropping by -17.1% against the previous year. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 75% against the previous year. Over the period under review, average import prices hit record highs at $16,559 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($32,671 per ton), while the price for China ($2,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in Kenya (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $7,266 per ton in 2022, waning by -28.7% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2015 an increase of 156% against the previous year. The export price peaked at $14,061 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($32,000 per ton), while the average price for exports to Democratic Republic of the Congo ($1,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Kenya
Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Kenya skyrocketed to 70 tons in 2022, increasing by 48% against the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 313%. As a result, imports reached the peak of 81 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys skyrocketed to $474K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 178% against the previous year. As a result, imports reached the peak of $610K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper Alloy Tube or Pipe Fitting in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.8 | 213 | 125 | 158 | 161.9% |
| China | 53.1 | 146 | 35.9 | 62.9 | 5.8% |
| Italy | 31.8 | 46.5 | 45.4 | 41.9 | 9.6% |
| India | 40.8 | 41.6 | 84.9 | 28.3 | -11.5% |
| United Arab Emirates | 9.5 | 21.1 | 9.3 | 24.6 | 37.3% |
| Singapore | N/A | N/A | N/A | 23.2 | 0% |
| Greece | 0.8 | 1.4 | 0.5 | 21.2 | 198.1% |
| Others | 75.1 | 141 | 85.5 | 114 | 14.9% |
| Total | 220 | 610 | 386 | 474 | 29.2% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Kenya in 2022:
- China (27.9 tons)
- United Kingdom (12.4 tons)
- United Arab Emirates (8.6 tons)
- Singapore (4.6 tons)
- India (3.9 tons)
- Greece (3.6 tons)
- Italy (2.7 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Kenya
In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume decreased by -56.4% to 109 kg. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports reached the peak of 250 kg, and then declined remarkably in the following year.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined sharply to $792 in 2022. Overall, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, the exports attained the peak of $3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Copper Alloy Tube or Pipe Fitting in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 118 | 522 | 474 | 201 | 19.4% |
| Seychelles | 72.0 | 373 | 333 | 139 | 24.5% |
| Rwanda | 80.0 | 376 | 407 | 107 | 10.2% |
| Zambia | 34.0 | 214 | 199 | 86.0 | 36.3% |
| Cameroon | N/A | N/A | N/A | 46.0 | 0% |
| Democratic Republic of the Congo | 40.0 | 152 | 120 | 44.0 | 3.2% |
| Burundi | 1,074 | 78.0 | 69.0 | 28.0 | -70.3% |
| South Sudan | N/A | N/A | 107 | N/A | 0% |
| Others | 464 | 1,266 | 837 | 141 | -32.8% |
| Total | 1,882 | 2,981 | 2,546 | 792 | -25.1% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Kenya in 2022:
- Democratic Republic of the Congo (38.0 kg)
- Rwanda (26.0 kg)
- Uganda (13.0 kg)
- Burundi (10.0 kg)
- Seychelles (5.0 kg)
- Cameroon (5.0 kg)
- Zambia (4.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Kenya.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
