Pakistan: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Pakistan

In 2021, the Pakistani copper pipe and fitting market increased by 102% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Copper Tubes, Pipes And Fitting

Exports from Pakistan

In 2021, shipments abroad of copper tubes, pipes and fitting increased by 2.7% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 95%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, copper pipe and fitting exports declined to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for copper pipe and fitting exports from Pakistan, with a 60% share of total exports. Moreover, copper pipe and fitting exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X kg), threefold. The third position in this ranking was held by the UK (X kg), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+5.1% per year) and the UK (-19.2% per year).

In value terms, the UK ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the largest markets for copper pipe and fitting exported from Pakistan worldwide, together accounting for 44% of total exports. These countries were followed by Malaysia, Romania and Germany, which together accounted for a further 9.2%.

Malaysia, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average copper pipe and fitting export price stood at $X per ton in 2021, shrinking by -16.1% against the previous year. Overall, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of 88% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United Arab Emirates ($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 Germany (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Tubes, Pipes And Fitting

Imports into Pakistan

In 2021, overseas purchases of copper tubes, pipes and fitting increased by 63% to X tons, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a prominent increase. 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. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main copper pipe and fitting supplier to Pakistan, accounting for a 92% share of total imports. It was followed by South Korea (X tons), with a 2.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+1.8% per year) and the United States (+27.8% per year).

In value terms, China ($X) constituted the largest supplier of copper tubes, pipes and fitting to Pakistan, comprising 92% of total imports. The second position in the ranking was held by South Korea ($X), with a 2.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+2.0% per year) and the United States (+34.3% per year).

Import Prices by Country

In 2021, the average copper pipe and fitting import price amounted to $X per ton, surging by 33% against the previous year. In general, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper pipe and fitting import price increased by +80.3% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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