Finland: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Finland

The Finnish copper pipe and fitting market rose significantly to $X in 2021, growing by 15% against the previous year. Over the period under review, consumption recorded a slight increase. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Production of Copper Tubes, Pipes And Fitting in Finland

In value terms, copper pipe and fitting production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight decline. Copper pipe and fitting production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports from Finland

In 2021, after two years of decline, there was significant growth in overseas shipments of copper tubes, pipes and fitting, when their volume increased by 10% to X tons. Over the period under review, exports, however, recorded a perceptible contraction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, copper pipe and fitting exports soared to $X in 2021. In general, exports, however, showed a perceptible shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for copper pipe and fitting exports from Finland, accounting for a 34% share of total exports. Moreover, copper pipe and fitting exports to Italy exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was held by Russia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-8.8% per year) and Russia (-3.4% per year).

In value terms, Italy ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Finland, comprising 31% of total exports. The second position in the ranking was taken by Sweden ($X), with a 14% share of total exports. It was followed by Russia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-7.5% per year) and Russia (-2.1% per year).

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, picking up by 34% against the previous year. Over the period under review, the export price saw mild growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Norway ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Germany ($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 Poland (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Finland

In 2021, supplies from abroad of copper tubes, pipes and fitting decreased by -2.3% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 19% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, copper pipe and fitting imports rose significantly to $X in 2021. Over the period under review, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of copper pipe and fitting imports to Finland, with a combined 75% share of total imports. China, Poland, Turkey, Malaysia and the UK lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +201.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest copper pipe and fitting suppliers to Finland were Sweden ($X), Germany ($X) and Italy ($X), with a combined 74% share of total imports. Poland, China, Turkey, Malaysia and the UK lagged somewhat behind, together accounting for a further 19%.

Malaysia, with a CAGR of +170.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average copper pipe and fitting import price stood at $X per ton in 2021, jumping by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. 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 origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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