Price for Refined Copper Tube and Pipe in the Czech Republic - 2023
Contents:
- Price for Refined Copper Tube and Pipe in the Czech Republic (CIF) - 2022
- Price for Refined Copper Tube and Pipe in the Czech Republic (FOB) - 2023
- Imports of Refined Copper Tube and Pipe in the Czech Republic
- Exports of Refined Copper Tube and Pipe in the Czech Republic
Price for Refined Copper Tube and Pipe in the Czech Republic (CIF) - 2022
In 2022, the average import price for tubes and pipes of refined copper amounted to $11,841 per ton, increasing by 21% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +141.5% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 China ($16,069 per ton), while the price for Austria ($8,148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in the Czech Republic (FOB) - 2023
The average export price for tubes and pipes of refined copper stood at $13,304 per ton in July 2023, dropping by -6.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in April 2023 an increase of 16% month-to-month. As a result, the export price reached the peak level of $15,064 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Turkey ($36,615 per ton), while the average price for exports to Slovakia ($9,961 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in the Czech Republic
After three years of growth, purchases abroad of tubes and pipes of refined copper decreased by -10.6% to 19K tons in 2022. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 21K tons, and then fell in the following year.
In value terms, refined copper tube and pipe imports amounted to $220M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Refined Copper Tube and Pipe in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 57.0 | 66.6 | 81.1 | 83.1 | 13.4% |
| Italy | 10.4 | 12.1 | 21.2 | 24.6 | 33.2% |
| Greece | 7.0 | 9.4 | 12.6 | 22.9 | 48.4% |
| China | 7.1 | 6.8 | 12.3 | 16.8 | 33.3% |
| Mexico | 12.4 | 13.5 | 19.6 | 16.1 | 9.1% |
| Thailand | 2.1 | 2.1 | 9.2 | 13.1 | 84.1% |
| Austria | 18.2 | 13.0 | 17.6 | 10.6 | -16.5% |
| Malaysia | 4.6 | 4.6 | 7.2 | 7.0 | 15.0% |
| Belgium | 5.5 | 4.1 | 5.9 | N/A | 3.6% |
| Others | 11.6 | 12.0 | 17.6 | 26.3 | 31.4% |
| Total | 136 | 144 | 204 | 220 | 17.4% |
Top Suppliers of Refined Copper Tube and Pipe to the Czech Republic in 2022:
- Belgium (undefinedK tons)
- Germany (7.0K tons)
- Greece (2.3K tons)
- Italy (2.0K tons)
- Mexico (1.5K tons)
- Austria (1.3K tons)
- Thailand (1.1K tons)
- China (1.0K tons)
- Malaysia (0.5K tons)
Exports of Refined Copper Tube and Pipe in the Czech Republic
In 2022, overseas shipments of tubes and pipes of refined copper decreased by -7.6% to 2.4K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports reached the peak of 2.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined copper tube and pipe exports dropped to $26M in 2022. The total export value increased at an average annual rate of +10.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year.
| Export of Refined Copper Tube and Pipe in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 4.4 | 4.4 | 6.4 | 7.1 | 17.3% |
| Germany | 0.2 | 2.8 | 4.6 | 4.8 | 188.4% |
| Turkey | 6.7 | 9.8 | 7.5 | 4.1 | -15.1% |
| Poland | 1.3 | 1.2 | 3.9 | 3.8 | 43.0% |
| Italy | 1.7 | 1.4 | 1.9 | 2.5 | 13.7% |
| Belgium | 2.3 | 1.4 | 2.1 | 2.3 | 0.0% |
| Romania | 1.1 | 0.8 | 0.8 | 0.9 | -6.5% |
| Austria | 1.0 | 3.7 | 0.5 | N/A | -29.3% |
| Others | 0.4 | 0.3 | 1.7 | 0.5 | 7.7% |
| Total | 19.1 | 25.8 | 29.4 | 26.0 | 10.8% |
Top Export Markets for Refined Copper Tube and Pipe from the Czech Republic in 2022:
- Slovakia (658.8 tons)
- Turkey (537.2 tons)
- Germany (412.6 tons)
- Poland (289.5 tons)
- Italy (224.1 tons)
- Belgium (187.7 tons)
- Romania (83.5 tons)
- Austria (2.9 tons)
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