Price for Copper Alloy Tube or Pipe Fitting in Romania - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Romania (CIF) - 2023
- Price for Copper Alloy Tube or Pipe Fitting in Romania (FOB) - 2023
- Imports of Copper Alloy Tube or Pipe Fitting in Romania
- Exports of Copper Alloy Tube or Pipe Fitting in Romania
Price for Copper Alloy Tube or Pipe Fitting in Romania (CIF) - 2023
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $14,680 per ton in December 2023, with a decrease of -11.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 19% m-o-m. Over the period under review, average import prices reached the maximum at $16,891 per ton in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($32,807 per ton), while the price for China ($10,357 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 Czech Republic (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Alloy Tube or Pipe Fitting in Romania (FOB) - 2023
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $24,672 per ton in December 2023, picking up by 3.4% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 8.9% month-to-month. The export price peaked at $24,725 per ton in December 2022; afterwards, it flattened through to December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($74,283 per ton), while the average price for exports to Kosovo ($10,899 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 France (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Romania
In 2022, approx. 3.9K tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were imported into Romania; increasing by 2.1% against 2021. Over the period under review, imports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped slightly to $53M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $55M, and then fell slightly in the following year.
| Import of Copper Alloy Tube or Pipe Fitting in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 16.6 | 18.1 | 20.7 | 18.4 | 3.5% |
| China | 8.3 | 9.9 | 11.1 | 13.5 | 17.6% |
| Germany | 5.9 | 6.6 | 9.3 | 10.1 | 19.6% |
| Turkey | 1.5 | 2.5 | 3.0 | 2.1 | 11.9% |
| Poland | 1.7 | 1.3 | 2.1 | 1.9 | 3.8% |
| Hungary | 1.5 | 1.6 | 2.2 | 1.5 | 0.0% |
| Czech Republic | 0.7 | 0.7 | 0.9 | 0.9 | 8.7% |
| Spain | 0.8 | 0.8 | 1.0 | 0.7 | -4.4% |
| Others | 4.3 | 3.2 | 4.5 | 4.3 | 0.0% |
| Total | 41.2 | 44.6 | 54.8 | 53.3 | 9.0% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Romania in 2022:
- Italy (1234.5 tons)
- China (1142.5 tons)
- Germany (788.7 tons)
- Turkey (170.2 tons)
- Poland (136.4 tons)
- Hungary (92.4 tons)
- Czech Republic (80.6 tons)
- Spain (57.9 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Romania
In 2022, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from Romania skyrocketed to 217 tons, picking up by 16% compared with 2021. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 56%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys surged to $4.3M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Copper Alloy Tube or Pipe Fitting in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 794 | 408 | 878 | 2,180 | 40.0% |
| United Kingdom | 1.5 | 0.2 | 292 | 467 | 577.8% |
| France | 48.1 | 81.1 | 355 | 422 | 106.2% |
| Moldova | 201 | 191 | 332 | 339 | 19.0% |
| Germany | 109 | 80.0 | 106 | 189 | 20.1% |
| Italy | 174 | 117 | 391 | 163 | -2.2% |
| Bulgaria | 232 | 210 | 169 | 128 | -18.0% |
| Belgium | 99.6 | 110 | 114 | 70.8 | -10.8% |
| Serbia | 63.4 | 18.2 | 36.5 | 35.8 | -17.3% |
| Ukraine | 201 | 82.8 | 77.5 | 30.8 | -46.5% |
| Greece | 214 | 105 | 50.9 | 23.3 | -52.2% |
| Others | 318 | 227 | 389 | 251 | -7.6% |
| Total | 2,456 | 1,630 | 3,191 | 4,300 | 20.5% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Romania in 2022:
- Hungary (90.0 tons)
- Moldova (29.1 tons)
- France (24.9 tons)
- Germany (19.5 tons)
- United Kingdom (16.2 tons)
- Italy (12.0 tons)
- Bulgaria (6.9 tons)
- Belgium (3.2 tons)
- Serbia (2.1 tons)
- Greece (1.8 tons)
- Ukraine (1.3 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Romania.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
