Price for Copper Alloy Tube or Pipe Fitting in Indonesia - 2022

Price for Copper Alloy Tube or Pipe Fitting in Indonesia (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $8,784 per ton in March 2022, increasing by 32% against the previous month. Over the period under review, import price indicated a pronounced expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys decreased by -10.8% against January 2022 indices. The pace of growth was the most pronounced in August 2021 an increase of 50% month-to-month. The import price peaked at $9,985 per ton in September 2021; however, from October 2021 to March 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($30,915 per ton), while the price for Singapore ($3,909 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Alloy Tube or Pipe Fitting in Indonesia (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $9,710 per ton, which is down by -25.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 19%. Over the period under review, the average export prices hit record highs at $13,136 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,824 per ton), while the average price for exports to Canada stood at $8,591 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.0%).

Imports of Copper Alloy Tube or Pipe Fitting in Indonesia

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys imported into Indonesia rose slightly to 2K tons, with an increase of 1.9% against 2021. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys rose notably to $15M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Copper Alloy Tube or Pipe Fitting in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	6.0	4.7	6.3	6.9	4.8%
Japan	1.0	0.7	1.3	2.1	28.1%
Singapore	2.0	3.0	2.4	1.9	-1.7%
South Korea	0.8	0.9	1.6	1.3	17.6%
Thailand	0.3	0.4	0.3	0.4	10.1%
Others	3.8	2.2	2.3	2.6	-11.9%
Total	14.0	11.9	14.3	15.2	2.8%

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Indonesia in 2022:

China (1020.7 tons)
Singapore (530.4 tons)
Japan (212.5 tons)
South Korea (63.5 tons)
Thailand (39.9 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Indonesia

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys exported from Indonesia contracted significantly to 814 tons, falling by -38.4% compared with 2021 figures. In general, exports saw a abrupt setback. 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 1.3K tons, and then contracted remarkably in the following year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank dramatically to $7.9M in 2022. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $17M, and then dropped dramatically in the following year.