Price for Refined Copper Tube and Pipe in Iran - 2021
Contents:
- Price for Refined Copper Tube and Pipe in Iran (FOB) - 2022
- Price for Refined Copper Tube and Pipe in Iran (CIF) - 2022
- Exports of Refined Copper Tube and Pipe in Iran
- Imports of Refined Copper Tube and Pipe in Iran
Price for Refined Copper Tube and Pipe in Iran (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $9,564 per ton, growing by 4.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Pakistan ($9,864 per ton) and Turkey ($9,673 per ton), while the average price for exports to the United Arab Emirates ($8,586 per ton) and Iraq ($9,403 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Iran (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $10,612 per ton in 2022, growing by 8.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $11,580 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($239,833 per ton), while the price for the United Arab Emirates ($6,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined Copper Tube and Pipe in Iran
In 2022, after three years of growth, there was significant decline in overseas shipments of tubes and pipes of refined copper, when their volume decreased by -7.3% to 5.1K tons. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of 5.5K tons, and then dropped in the following year.
In value terms, refined copper tube and pipe exports fell to $49M in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 109% against the previous year. As a result, the exports attained the peak of $50M, and then fell slightly in the following year.
| Export of Refined Copper Tube and Pipe in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.5 | 18.2 | 40.5 | 39.3 | 31.0% |
| Iraq | 0.7 | 1.1 | 2.9 | 2.7 | 56.8% |
| United Arab Emirates | 1.2 | 1.9 | 1.6 | 1.8 | 14.5% |
| Syrian Arab Republic | 1.2 | 1.2 | 1.6 | 1.4 | 5.3% |
| Pakistan | 0.1 | 0.2 | 1.1 | 1.0 | 115.4% |
| Others | 1.5 | 1.4 | 2.5 | 2.3 | 15.3% |
| Total | 22.2 | 24.0 | 50.2 | 48.5 | 29.8% |
Top Export Markets for Refined Copper Tube and Pipe from Iran in 2022:
- Turkey (4063.1 tons)
- Iraq (283.7 tons)
- United Arab Emirates (207.7 tons)
- Syrian Arab Republic (151.3 tons)
- Pakistan (100.5 tons)
Imports of Refined Copper Tube and Pipe in Iran
In 2022, supplies from abroad of tubes and pipes of refined copper decreased by -60.4% to 71 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 80% against the previous year. As a result, imports reached the peak of 211 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refined copper tube and pipe imports declined dramatically to $755K in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Refined Copper Tube and Pipe in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 92.0 | 110 | 180 | 76.2 | -6.1% |
| Uzbekistan | N/A | N/A | N/A | 75.9 | 0% |
| Italy | 43.0 | 358 | 60.5 | 71.3 | 18.4% |
| United Kingdom | 220 | 144 | 77.0 | 67.2 | -32.7% |
| Austria | 18.1 | 70.7 | 169 | 59.7 | 48.9% |
| China | 94.5 | 252 | 684 | 57.4 | -15.3% |
| South Korea | 59.0 | 191 | 142 | 56.7 | -1.3% |
| United Arab Emirates | 92.1 | 194 | 47.3 | 36.9 | -26.3% |
| Others | 641 | 644 | 400 | 254 | -26.5% |
| Total | 1,259 | 1,962 | 1,760 | 755 | -15.7% |
Top Suppliers of Refined Copper Tube and Pipe to Iran in 2022:
- Uzbekistan (10.3 tons)
- United Kingdom (6.6 tons)
- South Korea (6.5 tons)
- Spain (6.2 tons)
- Italy (5.8 tons)
- United Arab Emirates (5.5 tons)
- China (5.5 tons)
- Austria (4.3 tons)
327
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This report provides an in-depth analysis of the market for copper pipe and fitting in Iran.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
327
This report provides an in-depth analysis of the market for copper tube and pipe in Iran.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Iran.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
616
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
932
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
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In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5113
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
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Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
