Price for Copper Tube or Pipe Fitting in Slovenia - 2023

Contents:

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

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

In November 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $27,098 per ton, dropping by -21.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 30% against the previous month. The import price peaked at $35,593 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Germany ($28,534 per ton) and Poland ($27,164 per ton), while the price for Italy ($22,893 per ton) and Austria ($26,093 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Tube or Pipe Fitting in Slovenia (FOB) - 2023

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $27,946 per ton in November 2023, with a decrease of -4.6% against the previous month. In general, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in August 2023 when the average export price increased by 44% m-o-m. As a result, the export price reached the peak level of $38,785 per ton. From September 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the Czech Republic ($51,363 per ton), while the average price for exports to Serbia ($22,004 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Copper Tube or Pipe Fitting in Slovenia

In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -26.7% to 80 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 15%.

In value terms, copper tube or pipe fitting imports fell to $2M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +37.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $2.3M, and then reduced in the following year.

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

1. Poland (26.1 tons)
2. Germany (25.4 tons)
3. Italy (21.1 tons)
4. Croatia (4.7 tons)
5. Austria (1.6 tons)
6. France (0.8 tons)

Exports of Copper Tube or Pipe Fitting in Slovenia

For the fourth year in a row, Slovenia recorded growth in shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper, which increased by 17% to 59 tons in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 283% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, copper tube or pipe fitting exports rose markedly to $1.6M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 455%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

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

1. Serbia (50.5 tons)
2. Kosovo (4.3 tons)
3. Czech Republic (1.2 tons)
4. Bosnia and Herzegovina (1.2 tons)
5. Croatia (0.6 tons)
6. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform