Price for Copper Tube or Pipe Fitting in Uganda - 2022

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

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $5,230 per ton, surging by 8.6% against the previous year. In general, the import price recorded prominent growth. The pace of growth was the most pronounced in 2017 an increase of 87% against the previous year. The import price peaked at $8,020 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($43,917 per ton), while the price for Kenya ($508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $15,725 per ton in 2022, waning by -41% against the previous year. Over the period under review, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 183%. Over the period under review, the average export prices reached the peak figure at $26,638 per ton in 2021, and then reduced notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +7.9% per year.

Imports of Copper Tube or Pipe Fitting in Uganda

In 2022, purchases abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper was finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic decline.

In value terms, copper tube or pipe fitting imports soared to $7.6K in 2022. In general, imports, however, recorded a precipitous contraction.

Import of Copper Tube or Pipe Fitting in Uganda (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	8.4	2.4	1.7	3.6	-24.6%
Italy	4.1	1.1	0.8	1.6	-26.9%
United Arab Emirates	3.9	0.3	0.5	1.4	-28.9%
United Kingdom	0.6	0.4	0.3	0.6	0.0%
India	0.9	N/A	0.1	0.1	-51.9%
China	6.1	2.9	0.3	0.1	-74.6%
Kenya	0.2	N/A	N/A	0.1	-20.6%
Hong Kong SAR	0.7	0.1	N/A	0.1	-47.7%
Saudi Arabia	N/A	1.1	N/A	N/A	0%
United States	0.9	N/A	N/A	N/A	0%
Turkey	0.5	0.1	0.1	N/A	-55.3%
Others	0.7	5.0	0.3	N/A	-34.5%
Total	26.9	13.5	4.1	7.6	-34.4%

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

United Arab Emirates (559.0 kg)
Belgium (503.0 kg)
Kenya (132.0 kg)
Hong Kong SAR (79.0 kg)
United Kingdom (57.0 kg)
India (50.0 kg)
Italy (36.0 kg)
Turkey (17.0 kg)
United States (10.0 kg)
China (6.0 kg)

Exports of Copper Tube or Pipe Fitting in Uganda

In 2022, copper tube or pipe fitting exports from Uganda soared to 80 kg, increasing by 70% against the previous year's figure. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 137% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, copper tube or pipe fitting exports reached $1.3K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 109% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.