Price for Copper Tube or Pipe Fitting in Indonesia - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Indonesia (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Indonesia (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Indonesia
- Exports of Copper Tube or Pipe Fitting in Indonesia
Price for Copper Tube or Pipe Fitting in Indonesia (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $9,866 per ton, surging by 3.2% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper tube or pipe fitting import price increased by +38.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($12,527 per ton), while the price for South Africa ($745 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Indonesia (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $10,390 per ton, falling by -33.2% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 an increase of 71%. The export price peaked at $16,830 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($29,790 per ton), while the average price for exports to Sri Lanka ($2,169 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 Malaysia (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in Indonesia
In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper imported into Indonesia contracted to 154 tons, with a decrease of -12.3% compared with the previous year's figure. Overall, imports saw a abrupt contraction. The smallest decline of -6.7% was in 2021.
In value terms, copper tube or pipe fitting imports contracted to $1.5M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $1.7M, and then reduced in the following year.
| Import of Copper Tube or Pipe Fitting in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 850 | 682 | 874 | 1,007 | 5.8% |
| Hungary | 203 | 150 | 306 | 148 | -10.0% |
| United States | 36.1 | 71.1 | 6.3 | 68.4 | 23.7% |
| Taiwan (Chinese) | 1.1 | 52.8 | 67.4 | 48.2 | 252.5% |
| Singapore | 77.2 | 13.3 | 66.2 | 47.9 | -14.7% |
| South Korea | 107 | 153 | 21.4 | 8.7 | -56.7% |
| South Africa | 7.8 | 8.4 | 9.2 | 7.5 | -1.3% |
| Others | 236 | 233 | 331 | 185 | -7.8% |
| Total | 1,518 | 1,362 | 1,681 | 1,521 | 0.1% |
Top Suppliers of Copper Tube or Pipe Fitting to Indonesia in 2022:
- China (94.1 tons)
- Hungary (11.9 tons)
- South Africa (10.1 tons)
- United States (9.5 tons)
- Taiwan (Chinese) (7.2 tons)
- Singapore (5.1 tons)
- South Korea (0.6 tons)
Exports of Copper Tube or Pipe Fitting in Indonesia
In 2022, approx. 6.2 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from Indonesia; picking up by 19% against the year before. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 269%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, copper tube or pipe fitting exports reduced sharply to $64K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 241% against the previous year.
| Export of Copper Tube or Pipe Fitting in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.1 | 10.5 | 10.9 | 21.7 | 74.3% |
| Malaysia | 0.6 | 2.4 | 3.3 | 14.0 | 185.8% |
| United States | 3.1 | 24.6 | 26.1 | 10.4 | 49.7% |
| Germany | 2.7 | 5.2 | 3.5 | 7.4 | 39.9% |
| Sri Lanka | 0.4 | 1.0 | 1.0 | 1.9 | 68.1% |
| Singapore | 0.1 | 0.3 | 0.4 | 0.9 | 108.0% |
| Hungary | N/A | N/A | 14.5 | N/A | 0% |
| Cambodia | N/A | N/A | 1.1 | N/A | 0% |
| Others | 2.8 | 3.3 | 19.8 | 7.6 | 39.5% |
| Total | 13.9 | 47.3 | 80.7 | 64.0 | 66.4% |
Top Export Markets for Copper Tube or Pipe Fitting from Indonesia in 2022:
- Malaysia (3509.0 kg)
- Sri Lanka (894.0 kg)
- Vietnam (729.0 kg)
- United States (360.0 kg)
- Germany (296.0 kg)
- Singapore (280.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Indonesia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
