Price for Copper Alloy Tube or Pipe Fitting in France - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in France (CIF) - 2023
- Price for Copper Alloy Tube or Pipe Fitting in France (FOB) - 2023
- Imports of Copper Alloy Tube or Pipe Fitting in France
- Exports of Copper Alloy Tube or Pipe Fitting in France
Price for Copper Alloy Tube or Pipe Fitting in France (CIF) - 2023
In December 2023, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $18,641 per ton, dropping by -2.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 11% month-to-month. As a result, import price attained the peak level of $19,876 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($37,138 per ton), while the price for China ($11,141 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in France (FOB) - 2023
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $32,707 per ton in December 2023, approximately reflecting the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 16% against the previous month. Over the period under review, the average export prices reached the peak figure at $34,421 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($52,569 per ton), while the average price for exports to the Czech Republic ($23,169 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in France
In 2022, approx. 18K tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were imported into France; which is down by -1.9% on the previous year. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 19K tons, and then dropped slightly in the following year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded notably to $308M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +50.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Copper Alloy Tube or Pipe Fitting in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 67.8 | 63.7 | 91.0 | 101 | 14.2% |
| Italy | 79.0 | 66.0 | 92.7 | 92.6 | 5.4% |
| Germany | 28.2 | 31.3 | 43.8 | 43.9 | 15.9% |
| Belgium | 5.2 | 7.9 | 10.7 | 20.5 | 58.0% |
| Spain | 13.9 | 14.0 | 19.8 | 18.7 | 10.4% |
| United Kingdom | 4.0 | 3.4 | 3.9 | 3.5 | -4.4% |
| Others | 23.2 | 18.6 | 31.1 | 27.4 | 5.7% |
| Total | 221 | 205 | 293 | 308 | 11.7% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to France in 2022:
- China (8.3K tons)
- Italy (5.0K tons)
- Germany (1.7K tons)
- Spain (1.0K tons)
- Belgium (0.8K tons)
- United Kingdom (0.4K tons)
Exports of Copper Alloy Tube or Pipe Fitting in France
Exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from France shrank slightly to 3.8K tons in 2022, approximately mirroring 2021 figures. Over the period under review, exports saw a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by 17%.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys expanded markedly to $117M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Copper Alloy Tube or Pipe Fitting in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 28.4 | 26.2 | 44.6 | 45.1 | 16.7% |
| United States | 5.5 | 6.5 | 7.3 | 9.0 | 17.8% |
| Germany | 8.2 | 5.9 | 6.3 | 7.3 | -3.8% |
| Netherlands | 6.1 | 6.0 | 7.7 | 6.9 | 4.2% |
| Italy | 5.2 | 3.7 | 4.2 | 5.3 | 0.6% |
| Spain | 3.1 | 2.0 | 3.9 | 4.5 | 13.2% |
| Poland | 3.5 | 3.3 | 4.4 | 4.1 | 5.4% |
| United Kingdom | 1.7 | 1.6 | 2.1 | 3.7 | 29.6% |
| China | 1.5 | 1.0 | 1.9 | 3.5 | 32.6% |
| Czech Republic | 2.0 | 2.0 | 2.6 | 2.9 | 13.2% |
| Hungary | 2.0 | 1.9 | 2.4 | 2.6 | 9.1% |
| South Korea | 0.4 | 0.2 | 0.1 | 2.5 | 84.2% |
| Others | 22.0 | 16.2 | 23.3 | 19.0 | -4.8% |
| Total | 89.5 | 76.6 | 111 | 117 | 9.3% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from France in 2022:
- Belgium (1299.6 tons)
- Germany (322.8 tons)
- Spain (238.2 tons)
- Netherlands (223.7 tons)
- Poland (198.8 tons)
- Italy (170.5 tons)
- United States (153.3 tons)
- Czech Republic (148.2 tons)
- Hungary (123.6 tons)
- China (115.3 tons)
- South Korea (78.0 tons)
- United Kingdom (58.5 tons)
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