Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece - 2023

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece (CIF) - 2022
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece (FOB) - 2022
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece (CIF) - 2022

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $11,393 per ton in 2022, with an increase of 9.8% against the previous year. Overall, the import price saw a slight expansion. The most prominent rate of growth was recorded in 2016 an increase of 47% against the previous year. As a result, import price reached the peak level of $12,623 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($19,660 per ton), while the price for Italy ($10,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $7,928 per ton in 2022, reducing by -9.8% against the previous year. Overall, the export price showed a pronounced contraction. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. The export price peaked at $11,628 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kosovo ($15,142 per ton), while the average price for exports to Belgium ($1,219 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 Kosovo (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece

In 2022, purchases abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -10.6% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 2.9K tons, and then contracted in the following year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank to $30M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $31M, and then fell modestly in the following year.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.010.715.914.216.4%
China5.15.29.29.523.0%
Bulgaria1.01.01.93.145.8%
Germany1.01.01.31.13.2%
Spain0.80.70.90.7-4.4%
France0.90.90.60.4-23.7%
Others0.90.80.91.16.9%
Total18.620.430.630.017.3%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Greece in 2022:

  1. Italy (1332.2 tons)
  2. China (809.4 tons)
  3. Bulgaria (288.6 tons)
  4. Germany (57.8 tons)
  5. Spain (42.9 tons)
  6. France (34.8 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece

In 2022, overseas shipments of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 35% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a drastic downturn.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $13M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria1,4112,4375,4696,18863.7%
Germany1,3471,1762,3763,35035.5%
NetherlandsN/A4.72627691179.1%
KosovoN/A36.3327679332.5%
France12112620029634.7%
Serbia2553262672782.9%
Cyprus330404534272-6.2%
North Macedonia189303145103-18.3%
Romania5,46472610462.6-77.5%
Belgium82.714586.034.2-25.5%
Others9291,926532558-15.6%
Total10,1297,61010,30112,5907.5%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Greece in 2022:

  1. Bulgaria (951.5 tons)
  2. Germany (259.4 tons)
  3. Netherlands (143.5 tons)
  4. France (52.3 tons)
  5. Kosovo (44.8 tons)
  6. Serbia (28.1 tons)
  7. Belgium (28.1 tons)
  8. Cyprus (20.3 tons)
  9. North Macedonia (9.3 tons)
  10. Romania (5.4 tons)

Source: IndexBox Market Intelligence Platform

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