Price for Refined Copper Tube and Pipe in Austria - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Austria (FOB) - 2023
- Price for Refined Copper Tube and Pipe in Austria (CIF) - 2023
- Exports of Refined Copper Tube and Pipe in Austria
- Imports of Refined Copper Tube and Pipe in Austria
Price for Refined Copper Tube and Pipe in Austria (FOB) - 2023
The average export price for tubes and pipes of refined copper stood at $11,439 per ton in July 2023, rising by 1.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2023 an increase of 16% against the previous month. The export price peaked at $13,066 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was France ($19,580 per ton), while the average price for exports to Spain ($2,308 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Austria (CIF) - 2023
The average import price for tubes and pipes of refined copper stood at $10,091 per ton in July 2023, dropping by -14.5% against the previous month. In general, the import price recorded a pronounced descent. The growth pace was the most rapid in January 2023 an increase of 77% m-o-m. Over the period under review, average import prices attained the peak figure at $13,846 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($12,499 per ton), while the price for France ($7,146 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Refined Copper Tube and Pipe in Austria
In 2022, refined copper tube and pipe exports from Austria shrank modestly to 16K tons, waning by -2.4% on 2021 figures. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 17K tons, and then shrank slightly in the following year.
In value terms, refined copper tube and pipe exports contracted modestly to $163M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, the exports attained the peak of $166M, and then contracted in the following year.
| Export of Refined Copper Tube and Pipe in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.6 | 35.9 | 67.2 | 59.1 | 14.3% |
| Poland | 4.9 | 4.9 | 9.3 | 15.9 | 48.0% |
| Czech Republic | 6.6 | 12.2 | 18.1 | 13.8 | 27.9% |
| Slovakia | 6.1 | 5.6 | 7.6 | 11.4 | 23.2% |
| United States | 2.3 | 3.8 | 8.5 | 10.0 | 63.2% |
| Portugal | 3.5 | 7.5 | 8.6 | 9.1 | 37.5% |
| Italy | 12.6 | 11.8 | 12.3 | 8.3 | -13.0% |
| Sweden | 4.7 | 4.7 | 11.4 | 7.2 | 15.3% |
| Belgium | 5.5 | 2.0 | 2.7 | 7.2 | 9.4% |
| France | 3.4 | 1.5 | 2.4 | 5.1 | 14.5% |
| Switzerland | 2.4 | 2.4 | 2.8 | 2.8 | 5.3% |
| Netherlands | 4.3 | 1.5 | 3.3 | 2.1 | -21.3% |
| Others | 10.2 | 8.9 | 11.4 | 10.7 | 1.6% |
| Total | 106 | 103 | 166 | 163 | 15.4% |
Top Export Markets for Refined Copper Tube and Pipe from Austria in 2022:
- Germany (5.6K tons)
- Poland (2.0K tons)
- Slovakia (1.8K tons)
- Czech Republic (1.2K tons)
- Italy (0.8K tons)
- Portugal (0.8K tons)
- United States (0.8K tons)
- Sweden (0.6K tons)
- Belgium (0.6K tons)
- France (0.4K tons)
- Netherlands (0.2K tons)
- Switzerland (0.2K tons)
Imports of Refined Copper Tube and Pipe in Austria
In 2022, purchases abroad of tubes and pipes of refined copper decreased by -14.2% to 4.5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20%.
In value terms, refined copper tube and pipe imports contracted to $49M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports reached the peak of $56M, and then dropped in the following year.
| Import of Refined Copper Tube and Pipe in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.7 | 29.2 | 34.5 | 33.9 | 14.3% |
| Italy | 8.5 | 10.0 | 17.0 | 8.8 | 1.2% |
| Poland | 0.3 | 0.3 | 0.9 | 2.4 | 100.0% |
| Greece | 0.8 | 0.4 | 0.7 | 0.8 | 0.0% |
| Others | 2.1 | 1.8 | 3.0 | 2.6 | 7.4% |
| Total | 34.4 | 41.7 | 56.2 | 48.6 | 12.2% |
Top Suppliers of Refined Copper Tube and Pipe to Austria in 2022:
- Germany (3363.0 tons)
- Italy (623.3 tons)
- Poland (236.1 tons)
- Greece (74.1 tons)
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