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China - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Copper Tubes, Pipes And Fittings - Market Analysis, Forecast, Size, Trends And Insights

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May 31, 2023

Copper Pipe and Fitting Export in China Rises Slightly to $313M in April 2023

China Copper Pipe And Fitting Exports

Copper pipe and fitting exports from China expanded to 29K tons in April 2023, increasing by 2.2% on March 2023. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 40% against the previous month.

In value terms, copper pipe and fitting exports rose slightly to $313M (IndexBox estimates) in April 2023. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 42% against the previous month.

COUNTRYExport Value of Copper Pipe And Fitting in China (million USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Thailand43.937.534.630.725.329.429.226.829.345.546.232.026.6
United States42.647.954.753.939.837.325.828.323.231.814.327.323.1
Japan15.119.023.024.316.617.515.715.813.415.113.016.218.8
Russia8.29.97.710.915.09.711.48.013.813.05.710.814.8
Australia11.814.912.913.913.313.114.714.89.515.66.912.013.0
Malaysia12.614.714.215.312.016.612.216.914.513.311.611.611.4
Egypt5.54.410.97.76.51.20.73.63.32.12.87.110.5
South Korea3.14.36.65.75.210.36.93.88.09.16.810.98.7
Turkey13.413.25.65.04.04.63.74.15.510.39.18.48.6
France10.611.69.49.38.15.96.66.26.38.84.110.27.9
Mexico8.87.66.99.18.07.18.15.66.57.73.67.97.6
Indonesia7.38.89.26.37.98.57.27.76.77.16.38.86.7
Poland8.211.48.38.96.73.63.04.24.75.41.84.76.5
Others15816716917314012011111810414483.8139148
Total349372373374309285256264249329216307313

Exports by Country

Thailand (2.7K tons), the United States (1.8K tons) and Japan (1.5K tons) were the main destinations of copper pipe and fitting exports from China, together accounting for 21% of total exports. These countries were followed by Russia, Malaysia, Australia, Egypt, Turkey, South Korea, France, Poland, Mexico and Indonesia, which together accounted for a further 32%.

From April 2022 to April 2023, the biggest increases were in South Korea (with a CAGR of +9.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($27M), the United States ($23M) and Japan ($19M) appeared to be the largest markets for copper pipe and fitting exported from China worldwide, with a combined 22% share of total exports. These countries were followed by Russia, Australia, Malaysia, Egypt, South Korea, Turkey, France, Mexico, Indonesia and Poland, which together accounted for a further 31%.

South Korea, with a CAGR of +9.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Tubes and pipes of refined copper (18K tons) was the largest type of copper pipe and fitting exported from China, accounting for a 63% share of total exports. Moreover, tubes and pipes of refined copper exceeded the volume of the second product type, tube or pipe fittings, couplings, elbows, sleeves of copper alloys (8.1K tons), twofold. Tube or pipe fittings, couplings, elbows, sleeves of refined copper (1.3K tons) ranked third in terms of total exports with a 4.4% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of export of tubes and pipes of refined copper was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: tube or pipe fittings, couplings, elbows, sleeves of copper alloys (-0.4% per month) and tube or pipe fittings, couplings, elbows, sleeves of refined copper (-3.1% per month).

In value terms, tubes and pipes of refined copper ($183M), tube or pipe fittings, couplings, elbows, sleeves of copper alloys ($93M) and tube or pipe fittings, couplings, elbows, sleeves of refined copper ($19M) appeared to be the most exported types of copper tubes, pipes and fitting from China worldwide, together accounting for 94% of total exports. These products were followed by tubes and pipes of copper-zinc base alloys (brass), tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) and tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which together accounted for a further 5.6%.

Tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, with a CAGR of +3.8%, saw the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced mixed trend patterns.

Export Prices by Country

In April 2023, the copper pipe and fitting price stood at $10,678 per ton (FOB, China), approximately mirroring the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 1.7% m-o-m. Over the period under review, the average export prices reached the peak figure at $11,818 per ton in June 2022; however, from July 2022 to April 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In April 2023, the countries with the highest prices were the United States ($13,086 per ton) and Japan ($12,227 per ton), while the average price for exports to Poland ($9,276 per ton) and Egypt ($9,596 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.0%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper pipe and fitting in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24442630 - Copper tubes and pipes
  • Prodcom 24442650 - Copper and copper alloy tube/pipe fittings including couplings, elbows, sleeves, tees and joints excluding bolts and nuts used for assembling/fixing pipes/tubes, fittings with taps, cocks, valves

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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