Price for Copper Alloy Tube or Pipe Fitting in the United Arab Emirates - 2022
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in the United Arab Emirates (CIF) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in the United Arab Emirates (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in the United Arab Emirates
- Exports of Copper Alloy Tube or Pipe Fitting in the United Arab Emirates
Price for Copper Alloy Tube or Pipe Fitting in the United Arab Emirates (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $12,110 per ton in 2022, growing by 7.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23%. The import price peaked at $13,080 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($42,585 per ton), while the price for China ($8,835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $9,773 per ton, rising by 63% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($29,395 per ton), while the average price for exports to Tanzania ($554 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 Benin (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in the United Arab Emirates
In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into the United Arab Emirates fell to 2K tons, with a decrease of -14.3% against 2021 figures. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped to $25M in 2022. Over the period under review, imports showed a slight setback. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of $27M, and then reduced in the following year.
| Import of Copper Alloy Tube or Pipe Fitting in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.5 | 8.9 | 13.1 | 13.4 | 12.1% |
| United Kingdom | 4.4 | 3.0 | 3.5 | 2.6 | -16.1% |
| Germany | 3.0 | 2.0 | 2.2 | 1.9 | -14.1% |
| Italy | 1.3 | 1.2 | 1.2 | 1.8 | 11.5% |
| India | 1.3 | 1.4 | 3.5 | 1.1 | -5.4% |
| United States | 2.5 | 0.4 | 0.7 | 0.4 | -45.7% |
| Others | 3.6 | 3.1 | 2.6 | 3.5 | -0.9% |
| Total | 25.7 | 20.0 | 26.8 | 24.8 | -1.2% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to the United Arab Emirates in 2022:
- China (1519.2 tons)
- United Kingdom (179.9 tons)
- India (81.5 tons)
- Italy (77.5 tons)
- Germany (48.0 tons)
- United States (9.0 tons)
Exports of Copper Alloy Tube or Pipe Fitting in the United Arab Emirates
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys exported from the United Arab Emirates dropped dramatically to 302 tons, declining by -19.5% compared with 2021 figures. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 3.1% against the previous year.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys soared to $3M in 2022. In general, exports saw a deep setback.
| Export of Copper Alloy Tube or Pipe Fitting in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 2,529 | 1,113 | 807 | 1,099 | -24.3% |
| United Kingdom | 268 | 258 | 363 | 431 | 17.2% |
| Benin | 0.8 | 1.3 | 0.5 | 257 | 584.9% |
| India | 97.0 | 35.2 | 115 | 193 | 25.8% |
| Bulgaria | N/A | N/A | N/A | 168 | 0% |
| Egypt | N/A | 53.3 | 62.6 | 157 | 71.6% |
| Ireland | 3.9 | N/A | N/A | 149 | 236.8% |
| Seychelles | 238 | 58.3 | 38.1 | 117 | -21.1% |
| Malaysia | 82.6 | 76.2 | 60.7 | 84.3 | 0.7% |
| Ghana | 1.4 | N/A | 68.2 | 32.4 | 185.0% |
| Nigeria | 0.5 | N/A | 4.3 | 20.6 | 245.4% |
| Tanzania | 16.1 | 0.8 | 4.1 | 9.5 | -16.1% |
| Zimbabwe | 3.3 | 0.2 | 3.8 | 8.2 | 35.4% |
| Others | 315 | 846 | 722 | 226 | -10.5% |
| Total | 3,556 | 2,442 | 2,249 | 2,953 | -6.0% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from the United Arab Emirates in 2022:
- Oman (68.7 tons)
- United Kingdom (56.5 tons)
- Benin (28.9 tons)
- Tanzania (17.2 tons)
- Ghana (16.2 tons)
- Bulgaria (15.5 tons)
- Seychelles (15.2 tons)
- Ireland (11.4 tons)
- Egypt (10.6 tons)
- Nigeria (10.0 tons)
- Zimbabwe (8.7 tons)
- Malaysia (7.3 tons)
- India (6.6 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in the United Arab Emirates.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
