Price for Copper Alloy Tube or Pipe Fitting in Pakistan - 2023

Contents:

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

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

The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $5,769 per ton in 2022, which is down by -43.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $10,260 per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13,472 per ton), while the price for Austria ($5,181 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $7,234 per ton, declining by -71.8% against the previous year. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 2,032% against the previous year. Over the period under review, the average export prices reached the peak figure at $25,650 per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($73,425 per ton), while the average price for exports to the United Arab Emirates ($3,262 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 Nigeria (+3,415.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Pakistan

In 2022, approx. 111 tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were imported into Pakistan; declining by -35.3% on 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 187%. As a result, imports reached the peak of 171 tons, and then shrank sharply in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined notably to $639K in 2022. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 276% against the previous year. As a result, imports attained the peak of $1.8M, and then shrank dramatically in the following year.

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

1. China (96.6 tons)
2. Austria (4.0 tons)
3. United States (1.3 tons)
4. Italy (1.3 tons)
5. United Kingdom (1.1 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Pakistan

In 2022, approx. 2.2 tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were exported from Pakistan; increasing by 46% against the previous year. In general, exports, however, saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 93% against the previous year.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys shrank significantly to $16K in 2022. Over the period under review, exports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 311%. As a result, the exports reached the peak of $38K, and then declined rapidly in the following year.

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

1. United Arab Emirates (1059.0 kg)
2. Malaysia (900.0 kg)
3. Australia (73.0 kg)
4. Norway (73.0 kg)
5. Canada (4.0 kg)

Source: IndexBox Market Intelligence Platform