Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh (CIF) - 2022
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,121 per ton in 2022, increasing by 25% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +73.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($22,257 per ton), while the price for Singapore ($3,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $23,424 per ton, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2015 an increase of 18% against the previous year. As a result, the export price reached the peak level of $25,014 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($36,573 per ton), while the average price for exports to the United Arab Emirates ($9,657 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 the UK (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh
In 2022, after three years of growth, there was significant decline in purchases abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -33.8% to 232 tons. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of 350 tons, and then contracted significantly in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank dramatically to $3M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of $3.7M, and then shrank rapidly in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 775 | 1,099 | 2,364 | 2,231 | 42.3% |
| India | 37.9 | 216 | 291 | 287 | 96.4% |
| United Kingdom | 134 | 404 | 425 | 210 | 16.2% |
| South Korea | 38.3 | 45.8 | 13.6 | 106 | 40.4% |
| Malaysia | 18.3 | 27.2 | 23.0 | 65.0 | 52.6% |
| Singapore | 93.4 | 6.5 | 42.3 | 43.2 | -22.7% |
| Others | 254 | 58.7 | 512 | 98.5 | -27.1% |
| Total | 1,351 | 1,857 | 3,672 | 3,041 | 31.1% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Bangladesh in 2022:
- China (177.5 tons)
- India (15.1 tons)
- United Kingdom (13.8 tons)
- Singapore (12.2 tons)
- South Korea (4.8 tons)
- Malaysia (4.7 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh
For the fourth year in a row, Bangladesh recorded growth in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 0.2% to 33 tons in 2022. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s expanded significantly to $762K in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 194 | 286 | 119 | 354 | 22.2% |
| Singapore | 20.7 | 158 | 223 | 122 | 80.6% |
| Spain | 68.4 | 100 | 4.0 | 119 | 20.3% |
| United Arab Emirates | N/A | 1.7 | 4.7 | 61.1 | 499.5% |
| France | 261 | 21.0 | 253 | 52.8 | -41.3% |
| India | 86.7 | 96.7 | 37.8 | 46.0 | -19.0% |
| United Kingdom | 45.2 | N/A | 2.5 | N/A | -76.5% |
| Others | 4.7 | 15.3 | 29.8 | 7.4 | 16.3% |
| Total | 681 | 679 | 673 | 762 | 3.8% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Bangladesh in 2022:
- Italy (11.6 tons)
- United Arab Emirates (6.3 tons)
- Singapore (5.0 tons)
- Spain (4.2 tons)
- France (3.3 tons)
- India (1.7 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Bangladesh.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
