Hong Kong SAR, China - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Copper Tube and Pipe in Hong Kong SAR - 2023
Contents:
- Price for Copper Tube and Pipe in Hong Kong SAR (CIF) - 2022
- Price for Copper Tube and Pipe in Hong Kong SAR (FOB) - 2023
- Imports of Copper Tube and Pipe in Hong Kong SAR
- Exports of Copper Tube and Pipe in Hong Kong SAR
Price for Copper Tube and Pipe in Hong Kong SAR (CIF) - 2022
The average copper tube and pipe import price stood at $10,388 per ton in 2022, surging by 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2021 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($10,545 per ton) and Thailand ($10,524 per ton), while the price for Australia ($9,825 per ton) and China ($10,148 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Tube and Pipe in Hong Kong SAR (FOB) - 2023
In August 2023, the average copper tube and pipe export price amounted to $9,867 per ton, which is down by -4.8% against the previous month. Overall, the export price showed a slight curtailment. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 126% month-to-month. As a result, the export price reached the peak level of $28,213 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was China ($17,676 per ton), while the average price for exports to Macao SAR stood at $9,279 per ton.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.3%).
Imports of Copper Tube and Pipe in Hong Kong SAR
In 2022, the amount of copper tubes and pipes imported into Hong Kong SAR contracted to 7K tons, shrinking by -8.7% compared with 2021. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of 7.7K tons, and then shrank in the following year.
In value terms, copper tube and pipe imports declined to $73M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, imports reached the peak of $75M, and then reduced slightly in the following year.
| Import of Copper Tube and Pipe in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.0 | 10.8 | 15.1 | 21.3 | 33.3% |
| United Kingdom | 17.5 | 11.4 | 27.0 | 20.9 | 6.1% |
| South Korea | 11.0 | 8.7 | 14.5 | 14.4 | 9.4% |
| Australia | 7.8 | 8.7 | 11.9 | 13.6 | 20.4% |
| Thailand | 1.3 | 0.8 | 1.9 | 1.5 | 4.9% |
| Others | 3.2 | 1.6 | 4.3 | 1.3 | -25.9% |
| Total | 49.9 | 41.9 | 74.7 | 73.0 | 13.5% |
Top Suppliers of Copper Tube and Pipe to Hong Kong SAR in 2022:
- China (2.1K tons)
- United Kingdom (2.0K tons)
- Australia (1.4K tons)
- South Korea (1.4K tons)
- Thailand (0.1K tons)
Exports of Copper Tube and Pipe in Hong Kong SAR
In 2022, copper tube and pipe exports from Hong Kong SAR surged to 1.3K tons, with an increase of 22% against the year before. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +55.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, copper tube and pipe exports skyrocketed to $14M in 2022. The total export value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper Tube and Pipe in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 8.6 | 8.4 | 11.3 | 17.9% |
| Macao SAR | 2.7 | 1.9 | 2.7 | 2.8 | 1.2% |
| New Zealand | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Others | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
| Total | 10.6 | 10.6 | 11.3 | 14.5 | 11.0% |
Top Export Markets for Copper Tube and Pipe from Hong Kong SAR in 2022:
- China (962.0 tons)
- Macao SAR (281.8 tons)
This report provides an in-depth analysis of the market for copper tube and pipe in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24442630 - Copper tubes and pipes
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for copper tube and pipe in Hong Kong SAR, China.
490
This report provides an in-depth analysis of the market for copper pipe and fitting in Hong Kong SAR, China.
639
This report provides an in-depth analysis of the global market for copper tube and pipe.
571
This report provides an in-depth analysis of the global market for copper pipe and fitting.
347
This report provides an in-depth analysis of the market for copper tube and pipe in Hong Kong SAR, China.
490
This report provides an in-depth analysis of the market for copper pipe and fitting in Hong Kong SAR, China.
639
This report provides an in-depth analysis of the global market for copper tube and pipe.
571
This report provides an in-depth analysis of the global market for copper pipe and fitting.
866
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...
864
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...
935
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...
4966
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...
253
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.
866
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...
864
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...
935
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...
4966
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...
253
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.
