Price for Copper Tube or Pipe Fitting in the Netherlands - 2023

Contents:

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

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

In June 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $30,637 per ton, growing by 15% 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 February 2023 an increase of 44% against the previous month. As a result, import price reached the peak level of $40,936 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($49,585 per ton), while the price for South Korea ($22,797 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 (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In June 2023, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $27,574 per ton, rising by 18% against the previous month. Overall, the export price enjoyed modest growth. The most prominent rate of growth was recorded in September 2022 an increase of 558% m-o-m. As a result, the export price reached the peak level of $34,129 per ton. From October 2022 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($44,924 per ton), while the average price for exports to Germany ($22,296 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 (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tube or Pipe Fitting in the Netherlands

In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -25% to 863 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 15%. As a result, imports attained the peak of 1.1K tons, and then contracted sharply in the following year.

In value terms, copper tube or pipe fitting imports declined sharply to $28M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $34M, and then reduced sharply in the following year.

Import of Copper Tube or Pipe Fitting in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.28.710.78.82.4%
Poland1.94.26.66.147.5%
Italy5.65.36.05.60.0%
Belgium4.03.23.24.75.5%
China1.43.25.00.6-24.6%
South Korea1.00.50.60.6-15.7%
United Kingdom0.91.20.50.4-23.7%
Others1.21.41.91.57.7%
Total24.227.634.528.35.4%

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

  1. Italy (262.9 tons)
  2. Germany (207.2 tons)
  3. Poland (151.0 tons)
  4. Belgium (131.2 tons)
  5. China (34.2 tons)
  6. South Korea (18.1 tons)
  7. United Kingdom (12.6 tons)

Exports of Copper Tube or Pipe Fitting in the Netherlands

After three years of growth, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -58.1% to 230 tons in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. As a result, the exports attained the peak of 547 tons, and then plummeted in the following year.

In value terms, copper tube or pipe fitting exports declined significantly to $5.4M in 2022. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 120% against the previous year. As a result, the exports reached the peak of $10M, and then declined significantly in the following year.

Export of Copper Tube or Pipe Fitting in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4011,2422,1372,37580.9%
Germany1,1417855,962565-20.9%
Iceland12.73.03.1527246.2%
Czech Republic33834849247812.2%
France18617118728915.8%
Bonaire46.916659.210530.8%
Curacao33.010139.691.340.4%
Others1,0021,9011,486929-2.5%
Total3,1604,71710,3665,35919.3%

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

  1. Belgium (92.3 tons)
  2. Germany (44.3 tons)
  3. Czech Republic (24.2 tons)
  4. Iceland (17.5 tons)
  5. France (10.5 tons)
  6. Bonaire (7.6 tons)
  7. Curacao (5.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tube or pipe fittings (eg couplings, elbows, sleeves) of refined copper - Netherlands