Price for Copper Tube or Pipe Fitting in Kazakhstan - 2021

Contents:

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

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

The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $10,818 per ton in 2022, rising by 1.5% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2021 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $20,154 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($19,420 per ton), while the price for Russia ($4,954 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Tube or Pipe Fitting in Kazakhstan (FOB) - 2022

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $32,375 per ton in 2022, jumping by 37% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 149% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 Russia ($41,642 per ton), while the average price for exports to Kyrgyzstan amounted to $24,377 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.4%).

Imports of Copper Tube or Pipe Fitting in Kazakhstan

In 2022, supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -15.2% to 52 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 103% against the previous year. As a result, imports reached the peak of 62 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, copper tube or pipe fitting imports declined to $567K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports reached the peak of $658K, and then reduced in the following year.

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

1. Russia (27.1 tons)
2. China (21.1 tons)

Exports of Copper Tube or Pipe Fitting in Kazakhstan

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper exported from Kazakhstan surged to 1.4 tons, jumping by 384% against the previous year. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper tube or pipe fitting exports surged to $46K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Kyrgyzstan (753.0 kg)
2. Russia (654.0 kg)

Source: IndexBox Market Intelligence Platform