Price for Copper Tube or Pipe Fitting in Estonia - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in Estonia (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in Estonia (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in Estonia
- Exports of Copper Tube or Pipe Fitting in Estonia
Price for Copper Tube or Pipe Fitting in Estonia (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $32,792 per ton in 2022, surging by 20% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 99%. Over the period under review, average import prices reached the maximum at $35,600 per ton in 2019; however, from 2020 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 Poland ($47,572 per ton), while the price for Lithuania ($10,809 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube or Pipe Fitting in Estonia (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $30,021 per ton in 2022, dropping by -17.2% against the previous year. Overall, the export price, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 72%. As a result, the export price attained the peak level of $36,273 per ton, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($35,412 per ton), while the average price for exports to Latvia ($7,042 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 Russia (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper Tube or Pipe Fitting in Estonia
After three years of growth, overseas purchases of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -36.8% to 5.3 tons in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year.
In value terms, copper tube or pipe fitting imports dropped significantly to $175K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of $231K, and then dropped dramatically in the following year.
| Import of Copper Tube or Pipe Fitting in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 44.8 | 42.5 | 110 | 110 | 34.9% |
| Italy | 0.9 | 15.6 | 29.8 | 21.0 | 185.8% |
| Germany | 32.4 | 57.4 | 31.4 | 18.1 | -17.6% |
| Finland | 4.1 | 21.4 | 18.2 | 12.8 | 46.2% |
| China | 28.2 | 10.9 | 0.2 | 5.3 | -42.7% |
| Lithuania | 0.7 | 0.3 | N/A | 3.5 | 71.0% |
| Denmark | N/A | 3.2 | 2.2 | 2.2 | -17.1% |
| Latvia | N/A | 4.1 | 29.3 | 2.1 | -28.4% |
| United Kingdom | 22.1 | 27.0 | 0.2 | N/A | -90.5% |
| Others | 39.2 | 3.5 | 9.2 | 0.6 | -75.2% |
| Total | 173 | 186 | 231 | 175 | 0.4% |
Top Suppliers of Copper Tube or Pipe Fitting to Estonia in 2022:
- Poland (2303.0 kg)
- Italy (1019.0 kg)
- Germany (689.0 kg)
- Finland (520.0 kg)
- Lithuania (325.0 kg)
- China (278.0 kg)
- Denmark (89.0 kg)
- Latvia (68.0 kg)
Exports of Copper Tube or Pipe Fitting in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of refined copper, when their volume decreased by -10.8% to 667 kg. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 864%.
In value terms, copper tube or pipe fitting exports reduced remarkably to $20K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,297%.
| Export of Copper Tube or Pipe Fitting in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 7.0 | 0% |
| Russia | 0.4 | N/A | 25.3 | 6.3 | 150.7% |
| China | N/A | N/A | N/A | 4.8 | 0% |
| Finland | 0.2 | 9.9 | 1.6 | 1.5 | 95.7% |
| Latvia | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Total | 0.7 | 10.2 | 27.1 | 20.0 | 205.7% |
Top Export Markets for Copper Tube or Pipe Fitting from Estonia in 2022:
- Russia (236.0 kg)
- Turkey (210.0 kg)
- China (136.0 kg)
- Finland (56.0 kg)
- Latvia (24.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Estonia.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
