Ukraine: Market for Copper Tubes, Pipes And Fitting 2024

Market Size for Copper Tubes, Pipes And Fitting in Ukraine

In 2021, the Ukrainian copper pipe and fitting market decreased by -28% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a abrupt contraction. Copper pipe and fitting consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Copper Tubes, Pipes And Fitting in Ukraine

In value terms, copper pipe and fitting production stood at $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of 48%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Copper Tubes, Pipes And Fitting

Exports from Ukraine

In 2021, overseas shipments of copper tubes, pipes and fitting increased by 58% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a temperate expansion. The most prominent rate of growth was recorded in 2016 with an increase of 83%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, copper pipe and fitting exports surged to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons), Lithuania (X tons) and Canada (X tons) were the main destinations of copper pipe and fitting exports from Ukraine, together accounting for 80% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +338.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Canada ($X) and Lithuania ($X) constituted the largest markets for copper pipe and fitting exported from Ukraine worldwide, with a combined 77% share of total exports.

Among the main countries of destination, Canada, with a CAGR of +452.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average copper pipe and fitting export price stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period under review, the export price, however, showed a pronounced setback. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the 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 Canada ($X per ton), while the average price for exports to Lithuania ($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 Kazakhstan (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Ukraine

In 2021, purchases abroad of copper tubes, pipes and fitting increased by 8.8% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 47% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, copper pipe and fitting imports soared to $X in 2021. Over the period under review, imports continue to indicate a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Greece (X tons) and Germany (X tons) were the main suppliers of copper pipe and fitting imports to Ukraine, together accounting for 73% of total imports. Italy, Poland, Uzbekistan, Russia and Serbia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +87.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), China ($X) and Germany ($X) were the largest copper pipe and fitting suppliers to Ukraine, with a combined 65% share of total imports. Italy, Poland, Uzbekistan, Russia and Serbia lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, Uzbekistan, with a CAGR of +104.0%, saw the highest rates of growth with regard to the value of imports, 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, jumping by 26% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 51%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the near future.

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 Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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