Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia - 2023

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia (FOB) - 2023
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $23,141 per ton, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($27,808 per ton), while the price for China ($12,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.5%), 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 Slovenia (FOB) - 2023

In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $31,668 per ton, growing by 34% against the previous month. Overall, the export price, however, continues to indicate a slight shrinkage. Over the period under review, the average export prices reached the maximum at $36,706 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was the United States ($82,898 per ton), while the average price for exports to Kosovo ($14,873 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia

After three years of growth, supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -36.6% to 1K tons in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of 1.6K tons, and then declined rapidly in the following year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s plummeted to $24M in 2022. Over the period under review, imports saw a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by 25%. As a result, imports attained the peak of $33M, and then shrank remarkably in the following year.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Slovenia in 2022:

1. Italy (561.2 tons)
2. Germany (191.8 tons)
3. China (61.9 tons)
4. Austria (57.9 tons)
5. Poland (45.0 tons)
6. Turkey (36.7 tons)
7. Denmark (1.2 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Slovenia

For the fourth consecutive year, Slovenia recorded growth in shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 6.5% to 461 tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.3% 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 +106.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 84%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $12M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.6% 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 +98.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 48%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Slovenia in 2022:

1. Serbia (136.4 tons)
2. Slovakia (54.7 tons)
3. Kosovo (42.7 tons)
4. Denmark (39.1 tons)
5. Bosnia and Herzegovina (23.0 tons)
6. North Macedonia (18.6 tons)
7. Italy (18.5 tons)
8. Hungary (17.2 tons)
9. Austria (15.0 tons)
10. Germany (13.8 tons)
11. Croatia (11.5 tons)
12. Russia (11.5 tons)
13. United States (8.4 tons)

Source: IndexBox Market Intelligence Platform