Price for Copper Alloy Tube or Pipe Fitting in Qatar - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Qatar (CIF) - 2023
- Imports of Copper Alloy Tube or Pipe Fitting in Qatar
Price for Copper Alloy Tube or Pipe Fitting in Qatar (CIF) - 2023
In December 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $24,226 per ton, with an increase of 83% against the previous month. Overall, the import price enjoyed a modest expansion. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 170% against the previous month. The import price peaked in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($152K per ton), while the price for Turkey ($6,877 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 the United States (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Qatar
In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Qatar declined to 544 tons, reducing by -2.2% on the previous year. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 10%.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys reduced slightly to $5.3M in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2% against the previous year.
| Import of Copper Alloy Tube or Pipe Fitting in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,510 | 1,645 | 1,238 | 2,081 | 11.3% |
| Lebanon | 964 | 1,127 | 1,651 | 893 | -2.5% |
| United Kingdom | 2,109 | 996 | 1,074 | 891 | -25.0% |
| United States | 429 | 67.8 | 242 | 267 | -14.6% |
| Italy | 200 | 321 | 269 | 241 | 6.4% |
| Turkey | 176 | 188 | 298 | 220 | 7.7% |
| India | 381 | 124 | 212 | 114 | -33.1% |
| Others | 833 | 807 | 398 | 558 | -12.5% |
| Total | 6,602 | 5,277 | 5,383 | 5,265 | -7.3% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Qatar in 2022:
- China (309.4 tons)
- United Kingdom (40.5 tons)
- Turkey (38.3 tons)
- Lebanon (36.2 tons)
- United States (35.9 tons)
- India (21.5 tons)
- Italy (17.8 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Qatar.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
