Price for Refined Copper Tube and Pipe in Tanzania - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Tanzania (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Tanzania
Price for Refined Copper Tube and Pipe in Tanzania (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $3,553 per ton in 2022, dropping by -26.8% against the previous year. In general, the import price showed a pronounced decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 68%. Over the period under review, average import prices attained the maximum at $6,305 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($13,846 per ton), while the price for Kenya ($1,745 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Tanzania
In 2022, overseas purchases of tubes and pipes of refined copper were finally on the rise to reach 183 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe imports rose markedly to $648K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% 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 +79.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Refined Copper Tube and Pipe in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 190 | 253 | 201 | 418 | 30.1% |
India | 27.0 | 22.6 | 75.5 | 47.2 | 20.5% |
United Arab Emirates | 40.0 | 18.1 | 17.2 | 26.2 | -13.2% |
Turkey | 14.1 | 22.6 | 49.6 | 25.1 | 21.2% |
South Korea | 49.5 | 68.9 | 26.8 | 14.5 | -33.6% |
South Africa | 11.6 | 24.7 | 25.1 | 10.5 | -3.3% |
Kenya | 0.6 | 0.9 | 1.6 | 6.9 | 125.7% |
Others | 29.2 | 91.8 | 168 | 99.5 | 50.5% |
Total | 362 | 503 | 565 | 648 | 21.4% |
Top Suppliers of Refined Copper Tube and Pipe to Tanzania in 2022:
- China (150.3 tons)
- India (9.8 tons)
- South Korea (6.0 tons)
- Kenya (4.0 tons)
- United Arab Emirates (3.7 tons)
- Turkey (1.8 tons)
- South Africa (1.5 tons)
This report provides an in-depth analysis of the market for copper tube and pipe in Tanzania.
This report provides an in-depth analysis of the market for copper pipe and fitting in Tanzania.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Tanzania.
This report provides an in-depth analysis of the market for copper pipe and fitting in Tanzania.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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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.
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...
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...
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...
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...
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.