Turkey: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Turkey

In 2021, the Turkish copper pipe and fitting market increased by 26% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a noticeable contraction. Copper pipe and fitting consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Copper Tubes, Pipes And Fitting in Turkey

In value terms, copper pipe and fitting production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of 74% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Copper Tubes, Pipes And Fitting

Exports from Turkey

In 2021, shipments abroad of copper tubes, pipes and fitting increased by 110% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting exports skyrocketed to $X in 2021. In general, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and Russia (X tons) were the main destinations of copper pipe and fitting exports from Turkey, with a combined 39% share of total exports. Bulgaria, Poland, Spain, Hungary, Sweden, Israel, France, the United States, Norway and the Czech Republic lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +61.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Turkey, comprising 20% of total exports. The second position in the ranking was held by Italy ($X), with a 9.1% share of total exports. It was followed by Russia, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+41.4% per year) and Russia (+7.5% per year).

Export Prices by Country

The average copper pipe and fitting export price stood at $X per ton in 2021, jumping by 17% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Italy ($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 (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Tubes, Pipes And Fitting

Imports into Turkey

In 2021, the amount of copper tubes, pipes and fitting imported into Turkey skyrocketed to X tons, with an increase of 126% on the previous year's figure. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan (X tons), China (X tons) and Iran (X tons) were the main suppliers of copper pipe and fitting imports to Turkey, together accounting for 53% of total imports. These countries were followed by Greece, Malaysia, Germany, Italy and Thailand, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +47.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), China ($X) and Greece ($X) were the largest copper pipe and fitting suppliers to Turkey, with a combined 48% share of total imports. These countries were followed by Iran, Germany, Italy, Malaysia and Thailand, which together accounted for a further 45%.

Thailand, with a CAGR of +61.8%, 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 pipe and fitting import price amounted to $X per ton, picking up by 6.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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