Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway - 2024
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (CIF) - 2024
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (FOB) - 2024
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (CIF) - 2024
The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $18,955 per ton in January 2024, declining by -11.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 17% month-to-month. As a result, import price attained the peak level of $22,675 per ton. From December 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Switzerland ($55,464 per ton), while the price for Turkey ($10,046 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), 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 Norway (FOB) - 2024
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $26,364 per ton in January 2024, waning by -25.2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 28% m-o-m. As a result, the export price reached the peak level of $35,247 per ton, and then contracted notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($45,046 per ton), while the average price for exports to the Czech Republic ($14,607 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.9%), 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 Norway
For the third year in a row, Norway recorded decline in overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which decreased by -10.1% to 3.7K tons in 2022. In general, imports recorded a pronounced slump. The smallest decline of -0.2% was in 2020.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s reduced to $72M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of $72M, leveling off in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 19.6 | 21.3 | 20.3 | 14.1 | -10.4% |
| Turkey | 5.9 | 4.3 | 6.9 | 9.5 | 17.2% |
| Germany | 8.2 | 6.1 | 7.1 | 8.0 | -0.8% |
| Switzerland | 6.6 | 8.3 | 9.9 | 7.7 | 5.3% |
| China | 2.4 | 2.1 | 5.2 | 7.0 | 42.9% |
| Italy | 3.8 | 4.9 | 5.6 | 5.5 | 13.1% |
| Netherlands | 3.3 | 3.7 | 4.2 | 4.9 | 14.1% |
| Finland | 0.6 | 2.8 | 1.5 | 4.6 | 97.2% |
| Estonia | 0.1 | 2.5 | 2.7 | 3.0 | 210.7% |
| Poland | 1.4 | 2.5 | 2.9 | 2.3 | 18.0% |
| Denmark | 2.3 | 1.4 | 1.6 | 1.4 | -15.3% |
| Others | 3.7 | 3.5 | 4.2 | 3.9 | 1.8% |
| Total | 57.9 | 63.4 | 72.0 | 71.9 | 7.5% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Norway in 2022:
- Turkey (983.3 tons)
- Sweden (797.5 tons)
- Netherlands (462.7 tons)
- China (294.3 tons)
- Germany (287.4 tons)
- Italy (219.0 tons)
- Switzerland (145.0 tons)
- Finland (119.2 tons)
- Estonia (110.7 tons)
- Denmark (92.9 tons)
- Poland (78.0 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway
Exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Norway reduced to 729 tons in 2022, dropping by -9.6% against 2021 figures. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 2.3%.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank to $18M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, the exports reached the peak of $19M, and then dropped in the following year.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.0 | 3.3 | 4.3 | 4.1 | 0.8% |
| Germany | 3.9 | 4.8 | 4.8 | 4.1 | 1.7% |
| Denmark | 3.9 | 3.9 | 4.3 | 3.9 | 0.0% |
| Netherlands | 0.9 | 0.8 | 1.0 | 1.1 | 6.9% |
| Sweden | 1.3 | 1.3 | 1.3 | 1.1 | -5.4% |
| Czech Republic | 0.7 | 0.6 | 0.7 | 0.8 | 4.6% |
| Spain | 0.5 | 0.4 | 1.0 | 0.7 | 11.9% |
| Hungary | 0.6 | 0.6 | 0.6 | 0.5 | -5.9% |
| Others | 2.2 | 1.7 | 1.5 | 1.4 | -14.0% |
| Total | 18.0 | 17.4 | 19.4 | 17.7 | -0.6% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Norway in 2022:
- France (217.1 tons)
- Germany (152.7 tons)
- Denmark (103.7 tons)
- Czech Republic (59.0 tons)
- Spain (48.4 tons)
- Sweden (45.5 tons)
- Netherlands (30.3 tons)
- Hungary (28.3 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Norway.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
