Price for Refined Copper Tube and Pipe in Romania - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Romania (CIF) - 2023
- Price for Refined Copper Tube and Pipe in Romania (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Romania
- Exports of Refined Copper Tube and Pipe in Romania
Price for Refined Copper Tube and Pipe in Romania (CIF) - 2023
In July 2023, the average import price for tubes and pipes of refined copper amounted to $10,720 per ton, dropping by -2.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 11% against the previous month. Over the period under review, average import prices reached the peak figure at $11,545 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Spain ($11,426 per ton) and Germany ($11,068 per ton), while the price for Turkey ($9,643 per ton) and Greece ($9,728 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 Italy (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Romania (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $11,532 per ton, approximately mirroring the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe export price increased by +13.5% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $11,703 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($13,735 per ton), while the average price for exports to Germany ($8,630 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 Italy (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Romania
In 2022, the amount of tubes and pipes of refined copper imported into Romania fell rapidly to 4.7K tons, which is down by -21.8% against the previous year's figure. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 8.3% against the previous year. As a result, imports attained the peak of 6.1K tons, and then reduced markedly in the following year.
In value terms, refined copper tube and pipe imports reduced rapidly to $52M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.4% 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 +20.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports attained the peak of $69M, and then declined dramatically in the following year.
| Import of Refined Copper Tube and Pipe in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 15.7 | 17.0 | 28.8 | 20.1 | 8.6% |
| Greece | 12.4 | 13.5 | 18.8 | 16.8 | 10.7% |
| Germany | 7.2 | 9.2 | 14.5 | 10.1 | 11.9% |
| Spain | 3.4 | 2.5 | 3.7 | 2.0 | -16.2% |
| Serbia | 2.6 | 0.3 | 0.3 | 0.5 | -42.3% |
| Others | 1.8 | 2.5 | 3.0 | 2.5 | 11.6% |
| Total | 43.1 | 45.1 | 69.0 | 52.0 | 6.5% |
Top Suppliers of Refined Copper Tube and Pipe to Romania in 2022:
- Italy (1802.4 tons)
- Greece (1548.6 tons)
- Germany (964.5 tons)
- Spain (178.6 tons)
- Serbia (40.4 tons)
Exports of Refined Copper Tube and Pipe in Romania
In 2022, refined copper tube and pipe exports from Romania declined to 166 tons, with a decrease of -13.4% compared with the year before. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 28%.
In value terms, refined copper tube and pipe exports declined to $1.9M in 2022. Overall, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% 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 +42.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 67%. As a result, the exports attained the peak of $2.2M, and then fell in the following year.
| Export of Refined Copper Tube and Pipe in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 205 | 201 | 447 | 593 | 42.5% |
| Moldova | 454 | 360 | 666 | 538 | 5.8% |
| Bulgaria | 774 | 612 | 381 | 296 | -27.4% |
| Czech Republic | N/A | 0.1 | 156 | 117 | 3320.5% |
| Germany | 1.9 | 4.9 | 194 | 80.8 | 249.0% |
| Slovakia | 4.3 | 0.4 | 1.5 | 72.4 | 156.3% |
| Italy | 50.2 | 82.3 | 49.0 | 54.2 | 2.6% |
| Serbia | 168 | N/A | 132 | 21.3 | -49.8% |
| Ukraine | 99.3 | 25.8 | 12.1 | 0.5 | -82.9% |
| Others | 52.9 | 55.5 | 204 | 140 | 38.3% |
| Total | 1,810 | 1,342 | 2,243 | 1,914 | 1.9% |
Top Export Markets for Refined Copper Tube and Pipe from Romania in 2022:
- Ukraine (undefined tons)
- Hungary (56.0 tons)
- Moldova (42.6 tons)
- Bulgaria (23.3 tons)
- Czech Republic (11.8 tons)
- Germany (9.4 tons)
- Slovakia (6.0 tons)
- Italy (4.8 tons)
- Serbia (1.6 tons)
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