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Luxembourg - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Copper Pipe and Fitting in Luxembourg - 2023
Contents:
- Price for Copper Pipe and Fitting in Luxembourg (CIF) - 2023
- Price for Copper Pipe and Fitting in Luxembourg (FOB) - 2023
- Imports of Copper Pipe and Fitting in Luxembourg
- Exports of Copper Pipe and Fitting in Luxembourg
Price for Copper Pipe and Fitting in Luxembourg (CIF) - 2023
The average copper pipe and fitting import price stood at $11,303 per ton in June 2023, declining by -35.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 72% against the previous month. Over the period under review, average import prices hit record highs at $17,485 per ton in May 2023, and then fell notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($36,228 per ton), while the price for Germany ($8,615 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Pipe and Fitting in Luxembourg (FOB) - 2023
The average copper pipe and fitting export price stood at $50,221 per ton in June 2023, with a decrease of -10.9% against the previous month. Overall, export price indicated a notable increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, copper pipe and fitting export price decreased by -27.9% against March 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 44% month-to-month. The export price peaked at $69,654 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($162K per ton), while the average price for exports to Belgium ($30,223 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Pipe and Fitting in Luxembourg
In 2022, approx. 1.4K tons of copper tubes, pipes and fitting were imported into Luxembourg; picking up by 2.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, copper pipe and fitting imports dropped to $19M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $19M, and then declined slightly in the following year.
Import of Copper Pipe and Fitting in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.3 | 6.5 | 8.3 | 8.3 | 9.6% |
Belgium | 2.6 | 4.2 | 4.9 | 3.9 | 14.5% |
Italy | 1.0 | 1.5 | 2.6 | 2.4 | 33.9% |
Netherlands | 0.5 | 0.5 | 0.6 | 0.8 | 17.0% |
France | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
Turkey | 4.6 | 1.9 | 0.1 | N/A | -85.3% |
Others | 1.8 | 2.1 | 2.5 | 2.7 | 14.5% |
Total | 17.3 | 17.0 | 19.4 | 18.6 | 2.4% |
Top Suppliers of Copper Pipe and Fitting to Luxembourg in 2022:
- Turkey (undefined tons)
- Germany (867.0 tons)
- Belgium (342.5 tons)
- Italy (97.9 tons)
- Netherlands (25.2 tons)
- France (24.2 tons)
Exports of Copper Pipe and Fitting in Luxembourg
In 2022, shipments abroad of copper tubes, pipes and fitting decreased by -10.8% to 104 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 62% against the previous year.
In value terms, copper pipe and fitting exports expanded significantly to $5.5M in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 119% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Copper Pipe and Fitting in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 120 | 1,604 | 2,042 | 2,152 | 161.8% |
Belgium | 478 | 371 | 1,442 | 1,059 | 30.4% |
Italy | 11.0 | 477 | 294 | 729 | 304.7% |
Czech Republic | 0.7 | 6.8 | 175 | 290 | 645.5% |
Germany | 156 | 150 | 200 | 208 | 10.1% |
Poland | 118 | 94.1 | 136 | 130 | 3.3% |
United Kingdom | 183 | 128 | 148 | 92.4 | -20.4% |
Spain | 57.1 | 50.6 | 74.7 | 24.4 | -24.7% |
Others | 434 | 536 | 484 | 819 | 23.6% |
Total | 1,558 | 3,418 | 4,995 | 5,504 | 52.3% |
Top Export Markets for Copper Pipe and Fitting from Luxembourg in 2022:
- Belgium (37.1 tons)
- France (19.6 tons)
- Italy (13.7 tons)
- Germany (7.9 tons)
- Czech Republic (7.1 tons)
- United Kingdom (6.1 tons)
- Poland (5.9 tons)
- Spain (0.7 tons)
This report provides an in-depth analysis of the market for copper pipe and fitting in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24442630 - Copper tubes and pipes
- Prodcom 24442650 - Copper and copper alloy tube/pipe fittings including couplings, elbows, sleeves, tees and joints excluding bolts and nuts used for assembling/fixing pipes/tubes, fittings with taps, cocks, valves
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for copper pipe and fitting in Luxembourg.
This report provides an in-depth analysis of the market for copper tube and pipe in Luxembourg.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the market for copper pipe and fitting in Luxembourg.
This report provides an in-depth analysis of the market for copper tube and pipe in Luxembourg.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the global market for copper tube and pipe.
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
Explore the top import markets for copper tube and pipe in 2023, including countries such as India, the United States, and Turkey. Discover key statistics and trends in the global copper tube and pipe import market.
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
Explore the top import markets for copper tube and pipe in 2023, including countries such as India, the United States, and Turkey. Discover key statistics and trends in the global copper tube and pipe import market.
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...