Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark - 2023

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark (FOB) - 2022
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark (CIF) - 2022

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $24,596 per ton in 2022, rising by 3.6% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +19.9% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 17%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($37,580 per ton), while the price for Turkey ($15,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), 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 Denmark (FOB) - 2022

In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $31,024 per ton, waning by -16.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 14% against the previous year. The export price peaked at $36,983 per ton in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($46,306 per ton), while the average price for exports to Bulgaria ($16,690 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 Germany (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark

In 2022, after three years of growth, there was decline in purchases abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -4.4% to 3.4K tons. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 5.2% against the previous year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s reduced slightly to $83M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of $84M, leveling off in the following year.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Denmark in 2022:

1. China (820.6 tons)
2. Germany (644.3 tons)
3. Italy (605.2 tons)
4. Turkey (365.6 tons)
5. Poland (222.5 tons)
6. Sweden (215.8 tons)
7. Netherlands (106.8 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Denmark

In 2022, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Denmark reduced to 499 tons, waning by -6.7% against 2021 figures. Over the period under review, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports attained the peak of 535 tons, and then fell in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank markedly to $15M in 2022. In general, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $20M, and then contracted markedly in the following year.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Denmark in 2022:

1. Norway (121.5 tons)
2. Sweden (51.7 tons)
3. United Kingdom (49.9 tons)
4. Italy (39.2 tons)
5. Germany (32.5 tons)
6. Netherlands (27.9 tons)
7. Iceland (18.7 tons)
8. Poland (15.2 tons)
9. China (12.7 tons)
10. United States (11.8 tons)
11. Bulgaria (11.8 tons)
12. Sri Lanka (10.9 tons)
13. France (7.8 tons)

Source: IndexBox Market Intelligence Platform