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

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Slovenia (CIF) - 2022
2. Price for Copper Alloy Tube or Pipe Fitting in Slovenia (FOB) - 2023
3. Imports of Copper Alloy Tube or Pipe Fitting in Slovenia
4. Exports of Copper Alloy Tube or Pipe Fitting in Slovenia

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

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $22,931 per ton in 2022, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($27,647 per ton), while the price for China ($12,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Slovenia (FOB) - 2023

In December 2023, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $24,793 per ton, which is down by -22.5% against the previous month. Over the period under review, the export price saw a noticeable setback. The pace of growth was the most pronounced in November 2023 an increase of 39% against the previous month. Over the period under review, the average export prices attained the maximum at $36,770 per ton in December 2022; however, from January 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 Italy ($159K per ton), while the average price for exports to Slovakia ($14,152 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 Italy (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Slovenia

In 2022, after three years of growth, there was significant decline in overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume decreased by -37.1% to 941 tons. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of 1.5K tons, and then shrank markedly in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined rapidly to $22M in 2022. Overall, imports recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $31M, and then shrank notably in the following year.

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

1. Italy (540.2 tons)
2. Germany (166.4 tons)
3. China (61.9 tons)
4. Austria (56.2 tons)
5. Turkey (36.7 tons)
6. Poland (18.9 tons)
7. Denmark (1.2 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Slovenia

In 2022, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Slovenia expanded markedly to 402 tons, picking up by 5% on 2021. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Over the period under review, the exports of attained the peak figure 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 soared to $10M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Slovenia in 2022:

1. Serbia (85.8 tons)
2. Slovakia (54.6 tons)
3. Denmark (39.0 tons)
4. Kosovo (38.4 tons)
5. Bosnia and Herzegovina (21.8 tons)
6. North Macedonia (18.5 tons)
7. Italy (18.1 tons)
8. Hungary (17.2 tons)
9. Austria (14.9 tons)
10. Germany (13.6 tons)
11. Russia (11.5 tons)
12. Croatia (10.9 tons)
13. United States (8.4 tons)

Source: IndexBox Market Intelligence Platform