Europe: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Europe

In 2021, the Europe copper pipe and fitting market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Copper Tubes, Pipes And Fitting in Europe

In value terms, copper pipe and fitting production expanded significantly to $X in 2021 estimated in export price. Overall, production saw a mild reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 17%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports in Europe

In 2021, shipments abroad of copper tubes, pipes and fitting was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting exports soared to $X in 2021. The total export value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and Italy (X tons) were the major exporters of copper tubes, pipes and fitting in 2021, resulting at approx. 25% and 24% of total exports, respectively. Greece (X tons) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by Austria (6.1%) and Poland (4.9%). The following exporters - Spain (X tons), the UK (X tons), France (X tons), Finland (X tons) and the Netherlands (X tons) - together made up 15% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +5.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Greece ($X) were the countries with the highest levels of exports in 2021, together comprising 63% of total exports. Poland, Austria, Spain, the UK, France, the Netherlands and Finland lagged somewhat behind, together accounting for a further 26%.

In terms of the main exporting countries, Poland, with a CAGR of +7.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, jumping by 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. 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 origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.4%), while the other leaders experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports in Europe

In 2021, supplies from abroad of copper tubes, pipes and fitting was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. 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. Total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons), Italy (X tons), the UK (X tons), Poland (X tons), Belgium (X tons), Spain (X tons), the Czech Republic (X tons), Russia (X tons), the Netherlands (X tons), Austria (X tons) and Sweden (X tons) represented roughly 81% of total imports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of +5.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 34% of total imports. These countries were followed by Italy, Poland, Russia, the Netherlands, the Czech Republic, Spain, Belgium, Austria and Sweden, which together accounted for a further 47%.

Spain, with a CAGR of +5.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, increasing by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. As a result, import 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 importers, the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform