Price for Copper Alloy Tube or Pipe Fitting in Israel - 2024

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Israel (CIF) - 2022
2. Price for Copper Alloy Tube or Pipe Fitting in Israel (FOB) - 2022
3. Imports of Copper Alloy Tube or Pipe Fitting in Israel
4. Exports of Copper Alloy Tube or Pipe Fitting in Israel

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

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $21,150 per ton in 2022, increasing by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($22,077 per ton) and Turkey ($22,077 per ton), while the price for China ($20,048 per ton) and Germany ($20,576 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $21,909 per ton in 2022, dropping by -12.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $25,082 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($46,843 per ton), while the average price for exports to Argentina ($441 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 (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Israel

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys imported into Israel fell to 2K tons, declining by -7.4% compared with the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 +35.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of 2.1K tons, and then declined in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped modestly to $42M in 2022. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports reached the peak of $42M, leveling off in the following year.

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

1. Italy (1167.2 tons)
2. China (457.4 tons)
3. United States (114.5 tons)
4. Hong Kong SAR (70.8 tons)
5. Turkey (58.4 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Israel

In 2022, after two years of decline, there was significant growth in shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of copper alloys, when their volume increased by 61% to 39 tons. Over the period under review, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys soared to $847K in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Israel in 2022:

1. United States (16.5 tons)
2. China (5.3 tons)
3. Argentina (4.5 tons)
4. South Korea (2.5 tons)
5. Belgium (2.0 tons)
6. Turkey (1.9 tons)
7. Ghana (1.3 tons)
8. Japan (0.9 tons)
9. Germany (0.7 tons)
10. Italy (0.5 tons)
11. France (0.3 tons)
12. Thailand (0.2 tons)
13. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform