Scandinavia: Market for Copper Tubes And Pipes 2025

Market Size for Copper Tubes And Pipes in Scandinavia

In 2021, the Scandinavia copper tube and pipe market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a perceptible shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Copper Tubes And Pipes in Scandinavia

In value terms, copper tube and pipe production surged to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible curtailment. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Copper Tubes And Pipes

Exports in Scandinavia

After two years of decline, overseas shipments of copper tubes and pipes increased by 5.7% to X tons in 2021. In general, exports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 9.7% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, copper tube and pipe exports surged to $X in 2021. Overall, exports, however, recorded a perceptible shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Finland represented the largest exporting country with an export of about X tons, which amounted to 75% of total exports. It was distantly followed by Sweden (X tons), committing a 19% share of total exports. Denmark (X tons) and Norway (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to copper tube and pipe exports from Finland stood at -3.5%. Norway experienced a relatively flat trend pattern. Denmark (-1.7%) and Sweden (-3.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) remains the largest copper tube and pipe supplier in Scandinavia, comprising 74% of total exports. The second position in the ranking was taken by Sweden ($X), with a 19% share of total exports. It was followed by Denmark, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Finland stood at -2.7%. In the other countries, the average annual rates were as follows: Sweden (-2.6% per year) and Denmark (-0.1% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, rising by 37% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+1.6%), while the other leaders experienced more modest paces of growth.

Imports of Copper Tubes And Pipes

Imports in Scandinavia

After two years of decline, supplies from abroad of copper tubes and pipes increased by 0.3% to X tons in 2021. In general, imports, however, showed a noticeable decline. The growth pace was the most rapid in 2017 when imports increased by 4.2%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, copper tube and pipe imports surged to $X in 2021. Overall, imports, however, recorded a noticeable descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden was the major importer of copper tubes and pipes in Scandinavia, with the volume of imports reaching X tons, which was approx. 61% of total imports in 2021. Finland (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Denmark (13%) and Norway (12%).

Imports into Sweden decreased at an average annual rate of -3.5% from 2012 to 2021. Norway and Denmark experienced a relatively flat trend pattern. Finland (-5.3%) illustrated a downward trend over the same period. Norway (+2.7 p.p.) and Denmark (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Sweden and Finland saw its share reduced by -2.3% and -3.1% from 2012 to 2021, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported copper tubes and pipes in Scandinavia, comprising 57% of total imports. The second position in the ranking was held by Denmark ($X), with a 15% share of total imports. It was followed by Finland, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden stood at -3.1%. In the other countries, the average annual rates were as follows: Denmark (+0.2% per year) and Finland (-4.1% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, surging by 31% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. 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 importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per ton) and Denmark ($X per ton), while Sweden ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+1.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform