Price for Refined Copper Tube and Pipe in France - 2023
Contents:
- Price for Refined Copper Tube and Pipe in France (CIF) - 2023
- Price for Refined Copper Tube and Pipe in France (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in France
- Exports of Refined Copper Tube and Pipe in France
Price for Refined Copper Tube and Pipe in France (CIF) - 2023
The average import price for tubes and pipes of refined copper stood at $10,484 per ton in July 2023, picking up by 6.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 8.2% month-to-month. As a result, import price reached the peak level of $11,576 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Spain ($10,879 per ton) and Greece ($10,794 per ton), while the price for Vietnam ($9,769 per ton) and Germany ($9,811 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Greece (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in France (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $10,512 per ton, increasing by 2.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 31% against the previous year. As a result, the export price attained the peak level of $11,759 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($15,255 per ton), while the average price for exports to Italy ($7,205 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 Turkey (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in France
In 2022, approx. 31K tons of tubes and pipes of refined copper were imported into France; waning by -9.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 35K tons, and then shrank in the following year.
In value terms, refined copper tube and pipe imports fell to $324M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, imports reached the peak of $364M, and then declined in the following year.
| Import of Refined Copper Tube and Pipe in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 77.3 | 73.0 | 135 | 112 | 13.2% |
| Greece | 64.6 | 67.2 | 94.1 | 90.6 | 11.9% |
| Germany | 38.4 | 41.3 | 70.9 | 50.9 | 9.8% |
| China | 18.8 | 16.5 | 28.3 | 30.6 | 17.6% |
| Vietnam | 1.1 | 2.9 | 7.3 | 12.3 | 123.6% |
| Spain | 3.8 | 1.2 | 7.8 | 8.4 | 30.3% |
| Austria | 2.5 | 1.2 | 2.8 | 5.1 | 26.8% |
| Others | 14.5 | 9.3 | 17.8 | 14.2 | -0.7% |
| Total | 221 | 213 | 364 | 324 | 13.6% |
Top Suppliers of Refined Copper Tube and Pipe to France in 2022:
- Italy (11.1K tons)
- Greece (8.7K tons)
- Germany (5.3K tons)
- China (2.6K tons)
- Vietnam (1.2K tons)
- Spain (0.8K tons)
- Austria (0.5K tons)
Exports of Refined Copper Tube and Pipe in France
In 2022, overseas shipments of tubes and pipes of refined copper decreased by -61.5% to 1.2K tons, falling for the second year in a row after two years of growth. Overall, exports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. As a result, the exports reached the peak of 3.7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, refined copper tube and pipe exports fell notably to $13M in 2022. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 when exports increased by 16% against the previous year.
| Export of Refined Copper Tube and Pipe in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 3.5 | 5.3 | 2.4 | 100.0% |
| Morocco | 4.1 | 4.2 | 4.9 | 1.8 | -24.0% |
| Netherlands | 0.2 | 2.8 | 5.9 | 1.6 | 100.0% |
| Algeria | 7.8 | 7.6 | 5.9 | 1.0 | -49.6% |
| Italy | 1.3 | 0.7 | 0.2 | 0.6 | -22.7% |
| Tunisia | 0.3 | 0.4 | 1.3 | 0.5 | 18.6% |
| Serbia | 2.0 | 0.6 | 0.4 | 0.5 | -37.0% |
| New Caledonia | 0.3 | 0.5 | 0.5 | 0.5 | 18.6% |
| Belgium | 1.1 | 1.7 | 0.3 | 0.5 | -23.1% |
| French Polynesia | 0.2 | 0.2 | 0.5 | 0.4 | 26.0% |
| Cote d'Ivoire | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| United Kingdom | 1.4 | 0.7 | 2.9 | 0.3 | -40.2% |
| Spain | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| Others | 7.7 | 8.2 | 3.8 | 2.1 | -35.2% |
| Total | 27.2 | 31.6 | 32.5 | 12.8 | -22.2% |
Top Export Markets for Refined Copper Tube and Pipe from France in 2022:
- Germany (309.6 tons)
- Netherlands (164.7 tons)
- Morocco (155.8 tons)
- Algeria (97.2 tons)
- Italy (82.2 tons)
- Belgium (64.6 tons)
- New Caledonia (40.3 tons)
- United Kingdom (37.0 tons)
- Tunisia (36.1 tons)
- French Polynesia (32.8 tons)
- Cote d'Ivoire (26.0 tons)
- Spain (23.9 tons)
- Serbia (16.2 tons)
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