Price for Copper Alloy Tube or Pipe Fitting in Luxembourg - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Luxembourg (CIF) - 2023
- Price for Copper Alloy Tube or Pipe Fitting in Luxembourg (FOB) - 2023
- Imports of Copper Alloy Tube or Pipe Fitting in Luxembourg
- Exports of Copper Alloy Tube or Pipe Fitting in Luxembourg
Price for Copper Alloy Tube or Pipe Fitting in Luxembourg (CIF) - 2023
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $29,766 per ton in December 2023, almost unchanged from the previous month. Overall, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in August 2023 when the average import price increased by 226% m-o-m. The import price peaked at $43,830 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was France ($41,013 per ton), while the price for Belgium ($20,828 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Alloy Tube or Pipe Fitting in Luxembourg (FOB) - 2023
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $39,833 per ton in December 2023, dropping by -2.3% against the previous month. Over the period under review, the export price recorded a slight descent. The pace of growth appeared the most rapid in July 2023 an increase of 29% month-to-month. Over the period under review, the average export prices reached the maximum at $52,602 per ton in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($81,851 per ton), while the average price for exports to the Czech Republic ($4,540 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Luxembourg
Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Luxembourg reduced sharply to 576 tons in 2022, with a decrease of -18.7% on the previous year. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped to $12M in 2022. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%.
| Import of Copper Alloy Tube or Pipe Fitting in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.6 | 4.8 | 6.2 | 5.8 | 8.0% |
| Belgium | 2.0 | 3.5 | 4.0 | 2.7 | 10.5% |
| Italy | 1.0 | 1.3 | 1.9 | 2.0 | 26.0% |
| Netherlands | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| France | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Turkey | 4.6 | 1.9 | 0.1 | N/A | -85.3% |
| Others | 0.8 | 0.2 | 0.3 | 0.3 | -27.9% |
| Total | 13.9 | 12.5 | 13.4 | 11.9 | -5.0% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Luxembourg in 2022:
- Germany (234.6 tons)
- Belgium (212.7 tons)
- Italy (86.8 tons)
- Netherlands (20.4 tons)
- France (12.6 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Luxembourg
In 2022, overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -3.2% to 67 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 77%.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $2.6M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Copper Alloy Tube or Pipe Fitting in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 447 | 333 | 963 | 734 | 18.0% |
| Italy | 8.7 | 446 | 295 | 607 | 311.7% |
| France | 113 | 146 | 202 | 282 | 35.6% |
| Czech Republic | 0.7 | 6.8 | 143 | 265 | 623.4% |
| Germany | 105 | 143 | 165 | 113 | 2.5% |
| Poland | 105 | 87.0 | 112 | 85.4 | -6.7% |
| Spain | 51.9 | 48.8 | 70.0 | 5.7 | -52.1% |
| Others | 326 | 378 | 379 | 528 | 17.4% |
| Total | 1,157 | 1,588 | 2,329 | 2,620 | 31.3% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Luxembourg in 2022:
- Belgium (28.7 tons)
- Italy (11.9 tons)
- France (10.2 tons)
- Czech Republic (6.9 tons)
- Poland (3.7 tons)
- Germany (2.1 tons)
- Spain (0.1 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Luxembourg.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
