Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $8,955 per ton, standing approx. at the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 94% against the previous year. Over the period under review, average import prices attained the maximum at $14,996 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($36,370 per ton), while the price for Turkey ($930 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,670 per ton in 2022, declining by -3.1% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 97%. Over the period under review, the average export prices attained the peak figure at $14,956 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2013 to 2022, the rate of growth in terms of prices for Estonia amounted to -3.2% per year.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia
In 2022, approx. 38 tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Ethiopia; with an increase of 21% against the year before. Overall, imports, however, continue to indicate a noticeable decline.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $345K in 2022. Over the period under review, imports, however, continue to indicate a perceptible shrinkage.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 285 | 346 | 196 | 270 | -1.8% |
| China | 44.8 | 33.9 | 70.8 | 29.0 | -13.5% |
| South Korea | 8.4 | 15.6 | 1.9 | 9.7 | 4.9% |
| United States | 10.3 | 2.3 | 1.4 | 7.2 | -11.3% |
| India | 1.7 | 0.3 | 0.4 | 5.8 | 50.5% |
| Italy | 9.3 | 6.9 | 0.8 | 5.3 | -17.1% |
| South Africa | 6.6 | 8.3 | 2.6 | 4.4 | -12.6% |
| Vietnam | 0.1 | 0.2 | 0.3 | 4.1 | 244.8% |
| Democratic People's Republic of Korea | 4.1 | 2.7 | 2.0 | 3.6 | -4.2% |
| Spain | 4.5 | 2.3 | 1.3 | 1.7 | -27.7% |
| United Kingdom | 3.7 | 5.0 | 1.2 | 1.0 | -35.3% |
| Others | 12.3 | 5.8 | 3.6 | 2.9 | -38.2% |
| Total | 390 | 430 | 282 | 345 | -4.0% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Ethiopia in 2022:
- China (15.3 tons)
- Canada (7.4 tons)
- Vietnam (3.2 tons)
- South Korea (2.9 tons)
- India (1.9 tons)
- South Africa (1.6 tons)
- Italy (1.5 tons)
- Democratic People's Republic of Korea (1.4 tons)
- United States (1.1 tons)
- Spain (0.7 tons)
- United Kingdom (0.2 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Ethiopia skyrocketed to 24 tons, growing by 33% against 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 97%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $327K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 107%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 84.0 | 180 | 254 | 327 | 57.3% |
| Others | 3.2 | 0.2 | 0.1 | 0.2 | -60.3% |
| Total | 87.2 | 180 | 254 | 327 | 55.4% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Ethiopia in 2022:
- Estonia (23.9 tons)
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