Austria: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Austria

The Austrian copper pipe and fitting market surged to $X in 2021, growing by 35% against the previous year. In general, consumption posted a resilient increase. Copper pipe and fitting consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of Copper Tubes, Pipes And Fitting in Austria

In value terms, copper pipe and fitting production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 94% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports from Austria

In 2021, the amount of copper tubes, pipes and fitting exported from Austria skyrocketed to X tons, picking up by 19% on 2020. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting exports skyrocketed to $X in 2021. Over the period under review, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +59.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for copper pipe and fitting exports from Austria, with a 47% share of total exports. Moreover, copper pipe and fitting exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The third position in this ranking was held by Poland (X tons), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-3.0% per year) and Poland (+9.0% per year).

In value terms, Germany ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Austria, comprising 49% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 5.7% share of total exports. It was followed by Italy, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-2.3% per year) and Italy (-2.4% per year).

Export Prices by Country

The average copper pipe and fitting export price stood at $X per ton in 2021, growing by 24% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Austria

In 2021, supplies from abroad of copper tubes, pipes and fitting increased by 47% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting imports soared to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of copper pipe and fitting to Austria, accounting for a 59% share of total imports. Moreover, copper pipe and fitting imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+50.6% per year) and Italy (+5.1% per year).

In value terms, Germany ($X) constituted the largest supplier of copper tubes, pipes and fitting to Austria, comprising 60% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by Turkey, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.0% per year) and Turkey (+46.7% per year).

Import Prices by Country

In 2021, the average copper pipe and fitting import price amounted to $X per ton, with a decrease of -3.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 11%. The import price peaked at $X per ton in 2020, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Germany ($X per ton), while the price for Poland ($X per ton) and Slovenia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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