Cu tubes and pipes market in Greece

Earlier Report Observations

The market for copper tubes and pipes in Greece grew from 3 523 t in 2018 to 3 947 t in 2019, before a slight contraction to 3 792 t in 2020. In value terms, the market demonstrated steady growth from $45.5 million to $48.8 million over the same three-year period.

Domestic production remained stable at approximately 76 000 t per year from 2018 through 2020. Imports into the country declined from 831 t to 598 t between 2018 and 2020, but then rose significantly to 1 427 t in 2023. Exports, which consistently accounted for the bulk of national output, fell from over 73 000 t at the start of the period to 60 145 t by 2024.

Production copper tubes and pipes in Greece

In value, 2017-2020, M $ US

In 2020, the output of copper tubes and pipes in Greece was valued at 569.4 million US dollars, marking a slight increase of 2.5% compared to 2019. Over the period from 2017 to 2020, production grew by 9.3%, with a compound annual growth rate of 3.0%. The highest value was recorded in 2018 at 590.2 million US dollars, which represented a significant increase of 13.3% from the previous year. In contrast, the largest decline occurred in 2019, with a decrease of 5.9%.

Annual dynamics of production in Greece in value, 2017-2020, M $ US

In kind, 2017-2020, t

After a two-year uptick, copper tubes and pipes production in Greece declined. In 2020, Greece produced 76,140 tonnes of copper tubes and pipes, which remained virtually unchanged compared to 2019. Between 2017 and 2020, production increased by 7%, equating to an annualized growth rate of 2.3%. The peak was reached in 2019 with 76,280 tonnes, while the largest increase of 6.6% was recorded in 2018.

Annual dynamics of production in Greece in kind, 2017-2020, t

Exports copper tubes and pipes from Greece

Exports in kind, t

Copper tubes and pipes exports from Greece declined for the second consecutive year. In 2020, Greece exported 72,946 tonnes, showing no significant change compared to 2019. Over the period from 2017 to 2020, exports increased by 5.7%, with an annualized growth rate of 1.9%. The maximum volume was recorded in 2018 at 73,211 tonnes, which saw the largest increase of 6.1%. The largest decline occurred in 2019, with a decrease of 0.2%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

From 2017 to 2020, exports of copper tubes and pipes from Greece were widely dispersed across partner countries. Italy accounted for 16.3% of exports in kind, the United Kingdom for 13.6%, and France for 11.5%. Together, these three countries represented only 41.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, M $ US

In 2020, the value of copper tubes and pipes exported from Greece amounted to 525.5 million US dollars, reflecting a slight gain of 2.2% compared to the previous year. Between 2017 and 2020, exports increased by 9.3%, with an annualized growth rate of 3.0%. The highest value was recorded in 2018 at 551.8 million US dollars, which saw the largest increase of 14.8%. The largest decline occurred in 2019, with a decrease of 6.9%.

Annual dynamics of product's exports from Greece in value, 2017-2020, M $ US

From 2017 to 2020, Italy, the United Kingdom, and France played notable but not dominant roles as buyers of copper tubes and pipes from Greece. Italy accounted for 15.2% of exports in value terms, the United Kingdom for 13.2%, and France for 11.7%. Their combined share reached only 40.1% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports copper tubes and pipes to Greece

Imports in kind, t

Imports of copper tubes and pipes into Greece declined for the third consecutive year. In 2020, Greece imported 598 tonnes, indicating a strong drop of 17.8% compared to 2019. Over the period from 2017 to 2020, imports decreased by 44.9%, with a compound annual decline rate of 18.0%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

From 2017 to 2020, Germany, Italy, and Serbia were the main sources for copper tubes and pipes imports into Greece. Germany accounted for 25.9% of imports in kind, Italy for 23.8%, and Serbia for 17.7%. Together, these three countries accounted for 67.4% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, M $ US

Greece's imports of copper tubes and pipes declined for the third consecutive year. In 2020, Greece imported 4.9 million US dollars worth of copper tubes and pipes, down by 22.2% compared to 2019. Between 2017 and 2020, imports decreased by 42.3%, with an annualized decline rate of 16.7%.

Annual dynamics of product's imports to Greece in value, 2017-2020, M $ US

From 2017 to 2020, Germany, Italy, and Serbia made the biggest contributions to imports in value terms. Germany accounted for 28.0% of imports in value terms, Italy for 22.7%, and Serbia for 15.8%. Jointly, they accounted for 66.5% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020