Price for Refined Copper Tube and Pipe in Bahrain - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Bahrain (FOB) - 2022
- Price for Refined Copper Tube and Pipe in Bahrain (CIF) - 2022
- Exports of Refined Copper Tube and Pipe in Bahrain
- Imports of Refined Copper Tube and Pipe in Bahrain
Price for Refined Copper Tube and Pipe in Bahrain (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $10,347 per ton in 2022, approximately mirroring the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe export price increased by +69.7% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 40%. As a result, the export price attained the peak level of $10,352 per ton, leveling off in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($10,958 per ton) and the United States ($10,427 per ton), while the average price for exports to the UK ($8,532 per ton) and the United Arab Emirates ($9,286 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Bahrain (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,248 per ton in 2022, picking up by 10% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +34.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,535 per ton), while the price for Saudi Arabia ($5,693 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined Copper Tube and Pipe in Bahrain
In 2022, shipments abroad of tubes and pipes of refined copper decreased by -23.8% to 6.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 102% against the previous year.
In value terms, refined copper tube and pipe exports reduced sharply to $66M in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 147%. As a result, the exports attained the peak of $87M, and then dropped remarkably in the following year.
| Export of Refined Copper Tube and Pipe in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.5 | 26.0 | 60.8 | 52.0 | 76.2% |
| Canada | 2.1 | 4.9 | 10.3 | 4.3 | 27.0% |
| Egypt | 0.5 | 1.6 | 6.6 | 3.9 | 98.3% |
| United Arab Emirates | 1.3 | 1.3 | 5.0 | 2.5 | 24.4% |
| Jordan | 0.3 | 0.7 | 3.0 | 2.1 | 91.3% |
| Others | 0.7 | 0.8 | 1.2 | 1.4 | 26.0% |
| Total | 14.4 | 35.2 | 87.0 | 66.2 | 66.3% |
Top Export Markets for Refined Copper Tube and Pipe from Bahrain in 2022:
- United States (5.0K tons)
- Canada (0.4K tons)
- Egypt (0.4K tons)
- United Arab Emirates (0.3K tons)
- Jordan (0.2K tons)
Imports of Refined Copper Tube and Pipe in Bahrain
After two years of decline, supplies from abroad of tubes and pipes of refined copper increased by 121% to 1.1K tons in 2022. Overall, imports, however, saw a pronounced decrease.
In value terms, refined copper tube and pipe imports skyrocketed to $12M in 2022. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined Copper Tube and Pipe in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.5 | 2.4 | 2.2 | 3.9 | 16.0% |
| China | 1.0 | 0.6 | 1.0 | 3.1 | 45.8% |
| Thailand | 3.4 | 1.7 | 0.3 | 2.1 | -14.8% |
| United States | 0.4 | 0.6 | 0.5 | 1.0 | 35.7% |
| Vietnam | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| South Korea | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
| Saudi Arabia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.9 | 0.7 | 0.5 | 1.2 | 10.1% |
| Total | 8.5 | 6.8 | 4.9 | 11.9 | 11.9% |
Top Suppliers of Refined Copper Tube and Pipe to Bahrain in 2022:
- Malaysia (391.8 tons)
- China (256.8 tons)
- Thailand (226.7 tons)
- United States (57.6 tons)
- Vietnam (25.5 tons)
- Saudi Arabia (20.7 tons)
- South Korea (16.7 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Bahrain.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Bahrain.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
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This report provides an in-depth analysis of the market for copper tube and pipe in Bahrain.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Bahrain.
650
This report provides an in-depth analysis of the global market for copper tube and pipe.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
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884
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
888
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
954
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5015
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
282
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
