Germany: Market for Copper Tubes And Pipes 2024

Market Size for Copper Tubes And Pipes in Germany

The German copper tube and pipe market surged to $X in 2023, picking up by X% against the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Copper Tubes And Pipes in Germany

In value terms, copper tube and pipe production surged to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Copper tube and pipe production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Copper Tubes And Pipes

Exports from Germany

In 2023, overseas shipments of copper tubes and pipes decreased by X% to X tons, falling for the seventh consecutive year after two years of growth. In general, exports saw a noticeable descent. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, copper tube and pipe exports contracted to $X in 2023. Overall, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Poland (X tons) and the Czech Republic (X tons) were the main destinations of copper tube and pipe exports from Germany, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and the Czech Republic ($X) were the largest markets for copper tube and pipe exported from Germany worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average copper tube and pipe export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, copper tube and pipe export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2023 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Switzerland ($X per ton), while the average price for exports to Sweden ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes And Pipes

Imports into Germany

In 2023, copper tube and pipe imports into Germany fell to X tons, reducing by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, copper tube and pipe imports shrank to $X in 2023. Over the period under review, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then reduced in the following year.

Imports by Country

Italy (X tons), Austria (X tons) and Greece (X tons) were the main suppliers of copper tube and pipe imports to Germany, together comprising X% of total imports. Poland, Latvia, China, Vietnam, Serbia, Finland, the Czech Republic, the Netherlands, Turkey and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and Greece ($X) were the largest copper tube and pipe suppliers to Germany, together accounting for X% of total imports. Poland, China, Latvia, Vietnam, Serbia, the Czech Republic, Finland, the Netherlands, Turkey and Spain lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper tube and pipe import price stood at $X per ton in 2023, rising by X% against the previous year. In general, import price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, copper tube and pipe import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Turkey ($X per ton) and the Netherlands ($X per ton), while the price for Vietnam ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform