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

Contents:

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

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

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $19,293 per ton in November 2023, rising by 8.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 9.5% against the previous month. As a result, import price reached the peak level of $19,899 per ton. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($39,770 per ton), while the price for Tunisia ($8,449 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.3%), 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 France (FOB) - 2023

In November 2023, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $30,600 per ton, picking up by 4.4% against the previous month. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $32,668 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($49,836 per ton), while the average price for exports to the United Arab Emirates ($11,245 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 Tunisia (+6.1%), 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 France

Imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s into France declined to 22K tons in 2022, dropping by -7.9% compared with 2021 figures. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 23K tons, and then reduced in the following year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s totaled $370M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +47.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China70.066.397.810715.2%
Italy85.172.199.898.14.9%
Germany38.041.660.558.715.6%
Spain30.431.245.742.511.8%
Belgium5.38.811.921.659.7%
United Kingdom5.34.84.13.6-12.1%
Others32.026.142.839.06.8%
Total26625136337011.6%

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

  1. China (8.6K tons)
  2. Italy (5.2K tons)
  3. Germany (2.9K tons)
  4. Spain (1.9K tons)
  5. Belgium (0.9K tons)
  6. United Kingdom (0.4K tons)

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

In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from France contracted to 5.5K tons, falling by -14.2% on the previous year's figure. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank slightly to $159M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports reached the peak of $165M, and then reduced modestly in the following year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium28.826.745.345.716.6%
Netherlands18.820.531.328.214.5%
United States7.713.216.917.832.2%
United Kingdom24.917.119.914.0-17.5%
Germany8.86.46.77.5-5.2%
Italy5.33.84.35.51.2%
Spain5.02.53.94.8-1.4%
Poland4.03.64.84.10.8%
China1.51.01.93.532.6%
Czech Republic2.22.22.73.112.1%
Hungary2.32.22.92.75.5%
Others24.117.824.722.6-2.1%
Total1331171651596.1%

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

  1. Belgium (1312.5 tons)
  2. Netherlands (1077.8 tons)
  3. United States (514.7 tons)
  4. United Kingdom (482.6 tons)
  5. Germany (327.3 tons)
  6. Spain (247.3 tons)
  7. Poland (199.4 tons)
  8. Italy (176.8 tons)
  9. Czech Republic (154.3 tons)
  10. Hungary (126.2 tons)
  11. China (115.4 tons)

Source: IndexBox Market Intelligence Platform

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