Slovakia: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Slovakia

The Slovak copper pipe and fitting market soared to $X in 2021, growing by 32% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +111.0% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Production of Copper Tubes, Pipes And Fitting in Slovakia

In value terms, copper pipe and fitting production skyrocketed to $X in 2021 estimated in export price. Overall, production enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 39% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Copper Tubes, Pipes And Fitting

Exports from Slovakia

In 2021, the amount of copper tubes, pipes and fitting exported from Slovakia totaled X tons, increasing by 6.5% against the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 25% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, copper pipe and fitting exports skyrocketed to $X in 2021. Overall, exports enjoyed a noticeable increase. The pace of growth was the most pronounced in 2020 when exports increased by 27%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X tons) was the main destination for copper pipe and fitting exports from Slovakia, with a 43% share of total exports. Moreover, copper pipe and fitting exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+16.0% per year) and Germany (+16.8% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Slovakia, comprising 30% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Hungary, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+21.7% per year) and Hungary (+13.4% per year).

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, growing by 13% against the previous year. Overall, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.2% 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 export price increased by +6.1% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 62% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Belgium ($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 Serbia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Slovakia

In 2021, imports of copper tubes, pipes and fitting into Slovakia expanded markedly to X tons, picking up by 10% against the previous year's figure. The total import volume increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, copper pipe and fitting imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.6% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of copper pipe and fitting imports to Slovakia, with a combined 67% share of total imports. These countries were followed by China, Greece, Turkey, Mexico, Austria, Poland, Hungary and Finland, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +228.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Czech Republic ($X) were the largest copper pipe and fitting suppliers to Slovakia, together comprising 67% of total imports. China, Turkey, Greece, Austria, Poland, Mexico, Hungary and Finland lagged somewhat behind, together comprising a further 28%.

Mexico, with a CAGR of +239.4%, 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, rising by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. 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 Austria ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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