Price for Refined Copper Tube and Pipe in Luxembourg - 2023
Contents:
- Price for Refined Copper Tube and Pipe in Luxembourg (CIF) - 2023
- Price for Refined Copper Tube and Pipe in Luxembourg (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Luxembourg
- Exports of Refined Copper Tube and Pipe in Luxembourg
Price for Refined Copper Tube and Pipe in Luxembourg (CIF) - 2023
In July 2023, the average import price for tubes and pipes of refined copper amounted to $3,216 per ton, picking up by 17% against the previous month. Overall, import price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, refined copper tube and pipe import price decreased by -26.7% against May 2023 indices. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 68% m-o-m. As a result, import price reached the peak level of $4,451 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($12,630 per ton), while the price for Germany totaled $2,113 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.3%).
Price for Refined Copper Tube and Pipe in Luxembourg (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $17,711 per ton in 2022, with an increase of 35% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 103% against the previous year. As a result, the export price reached the peak level of $21,938 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($32,775 per ton), while the average price for exports to Germany ($14,201 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 Spain (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in overseas purchases of tubes and pipes of refined copper, which increased by 6.4% to 589 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, refined copper tube and pipe imports reduced remarkably to $2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +34.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $2.4M, and then dropped dramatically in the following year.
| Import of Refined Copper Tube and Pipe in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 991 | 1,071 | 1,433 | 1,289 | 9.2% |
| Belgium | 265 | 355 | 588 | 511 | 24.5% |
| Others | 229 | 156 | 353 | 196 | -5.1% |
| Total | 1,485 | 1,581 | 2,374 | 1,996 | 10.4% |
Top Suppliers of Refined Copper Tube and Pipe to Luxembourg in 2022:
- Germany (530.1 tons)
- Belgium (44.6 tons)
Exports of Refined Copper Tube and Pipe in Luxembourg
In 2022, approx. 7.9 tons of tubes and pipes of refined copper were exported from Luxembourg; increasing by 13% compared with the previous year. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 552% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, refined copper tube and pipe exports surged to $141K in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 394%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Refined Copper Tube and Pipe in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.7 | 2.9 | 25.5 | 62.6 | 347.2% |
| Germany | 8.8 | 1.4 | 36.3 | 45.6 | 73.0% |
| Spain | 4.0 | 1.3 | N/A | 14.0 | 51.8% |
| Brazil | N/A | N/A | N/A | 10.0 | 0% |
| Belgium | 9.1 | 4.5 | 18.9 | 8.3 | -3.0% |
| Others | 15.5 | 8.6 | 11.9 | 0.2 | -76.5% |
| Total | 38.1 | 18.7 | 92.5 | 141 | 54.7% |
Top Export Markets for Refined Copper Tube and Pipe from Luxembourg in 2022:
- Germany (3.2 tons)
- France (3.1 tons)
- Brazil (0.6 tons)
- Belgium (0.6 tons)
- Spain (0.4 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in Luxembourg.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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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...
888
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...
954
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...
5015
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...
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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.
