Italy: Market for Copper Tubes And Pipes 2025

Market Size for Copper Tubes And Pipes in Italy

In 2021, the Italian copper tube and pipe market increased by 60% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted perceptible growth. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Copper Tubes And Pipes in Italy

In value terms, copper tube and pipe production surged to $X in 2021 estimated in export price. Overall, production enjoyed a temperate increase. Copper tube and pipe production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Copper Tubes And Pipes

Exports from Italy

In 2021, the amount of copper tubes and pipes exported from Italy surged to X tons, rising by 24% compared with 2020. The total export volume increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, 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.

In value terms, copper tube and pipe exports skyrocketed to $X in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for copper tube and pipe exports from Italy, accounting for a 23% share of total exports. Moreover, copper tube and pipe exports to France exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+4.5% per year) and Germany (+0.1% per year).

In value terms, France ($X) remains the key foreign market for copper tubes and pipes exports from Italy, comprising 23% of total exports. The second position in the ranking was held by Germany ($X), with a 9.5% share of total exports. It was followed by Poland, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.7% per year) and Poland (+5.6% per year).

Export Prices by Country

In 2021, the average copper tube and pipe export price amounted to $X per ton, increasing by 35% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. 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 export markets. In 2021, the highest price was recorded for prices to Slovakia ($X per ton) and the UK ($X per ton), while the average price for exports to Algeria ($X per ton) and Spain ($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 Germany (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes And Pipes

Imports into Italy

In 2021, overseas purchases of copper tubes and pipes were 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 +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, copper tube and pipe imports surged to $X in 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Greece (X tons) and Mexico (X tons) were the main suppliers of copper tube and pipe imports to Italy, with a combined 62% share of total imports. Vietnam, Finland, Turkey, Austria, France, Malaysia and Serbia lagged somewhat behind, together accounting for a further 30%.

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 +27.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper tube and pipe suppliers to Italy were Germany ($X), Greece ($X) and Mexico ($X), with a combined 60% share of total imports. These countries were followed by Vietnam, Finland, Turkey, Austria, France, Malaysia and Serbia, which together accounted for a further 32%.

Vietnam, with a CAGR of +29.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 tube and pipe import price amounted to $X per ton, increasing by 34% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Austria ($X per ton) and Finland ($X per ton), while the price for France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform