Brazil: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Brazil

In 2021, the Brazilian copper pipe and fitting market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a perceptible decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Copper Tubes, Pipes And Fitting in Brazil

In value terms, copper pipe and fitting production expanded significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2017 when the production volume increased by 16% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports from Brazil

In 2021, the amount of copper tubes, pipes and fitting exported from Brazil reduced modestly to X tons, remaining stable against the previous year's figure. Overall, total exports indicated notable growth from 2012 to 2021: its volume 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 +1.1% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 39% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, copper pipe and fitting exports surged to $X in 2021. In general, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.5% 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 +43.0% against 2019 indices. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for copper pipe and fitting exports from Brazil, accounting for a 57% share of total exports. Moreover, copper pipe and fitting exports to Argentina exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Israel (X tons), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina stood at +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+45.0% per year) and Israel (-12.5% per year).

In value terms, Argentina ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Brazil, comprising 56% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Israel, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina totaled +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+37.3% per year) and Israel (-11.4% per year).

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, jumping by 41% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Paraguay ($X per ton) and Argentina ($X per ton), while the average price for exports to Canada ($X per ton) and Israel ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Brazil

In 2021, approx. X tons of copper tubes, pipes and fitting were imported into Brazil; jumping by 27% against 2020. Overall, imports, however, continue to indicate a perceptible slump. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, copper pipe and fitting imports skyrocketed to $X in 2021. In general, imports, however, recorded a mild contraction. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Vietnam (X tons) and South Korea (X tons) were the main suppliers of copper pipe and fitting imports to Brazil, together accounting for 79% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +29.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper pipe and fitting suppliers to Brazil were China ($X), Vietnam ($X) and Germany ($X), with a combined 70% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +30.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average copper pipe and fitting import price amounted to $X per ton, jumping by 30% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :