Price for Copper Tube or Pipe Fitting in Romania - 2023

Contents:

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

Price for Copper Tube or Pipe Fitting in Romania (CIF) - 2023

The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $13,090 per ton in June 2023, dropping by -36.4% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 47% against the previous month. The import price peaked at $22,722 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($26,124 per ton), while the price for Italy ($11,328 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 China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $25,666 per ton in 2022, increasing by 29% against the previous year. In general, the export price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 49% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($45,628 per ton), while the average price for exports to Greece ($12,250 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 Poland (+43.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tube or Pipe Fitting in Romania

In 2022, after three years of growth, there was significant decline in supplies from abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume decreased by -52% to 667 tons. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of 1.4K tons, and then reduced notably in the following year.

In value terms, copper tube or pipe fitting imports dropped significantly to $10M in 2022. Over the period under review, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of $18M, and then declined remarkably in the following year.

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

1. Italy (404.0 tons)
2. Poland (112.5 tons)
3. Germany (65.2 tons)
4. China (31.4 tons)
5. Greece (20.3 tons)

Exports of Copper Tube or Pipe Fitting in Romania

In 2022, copper tube or pipe fitting exports from Romania expanded significantly to 14 tons, increasing by 10% against 2021 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, copper tube or pipe fitting exports surged to $370K in 2022. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Hungary (7.5 tons)
2. Bulgaria (2.8 tons)
3. Moldova (2.3 tons)
4. Belgium (0.9 tons)
5. Ukraine (0.4 tons)
6. Austria (0.3 tons)

Source: IndexBox Market Intelligence Platform