Cu tubes and pipes market in Sweden

Earlier Report Observations

In the early period, the market for copper tubes and pipes in Sweden saw stable sales of district heating pipes, contributing to a consistent competitive structure. Domestic production increased from 459 t in 2020 to 518 t in 2022, while the total market volume grew from 8 726 t to 10 001 t over the same interval. In value terms, the market expanded sharply from $69.1 million to $108.1 million, reflecting rising copper prices.

By 2023, global copper supply concerns emerged due to mine closures and production cuts driven by labor shortages and environmental issues. Simultaneously, strong demand from China and India, alongside worldwide infrastructure investments, placed upward pressure on prices. These factors coincided with a contraction in Sweden's import volume, which fell from 12 079 t in 2022 to 10 006 t in 2023.

In 2024, the implementation of the EU's Critical Raw Materials Act (CRMA) aimed to secure strategic supplies like copper, affecting market access and regulation. Persistent trade barriers and tariffs, particularly from the US, further influenced import flows, while inflationary pressures and growing demand from AI and green energy sectors continued to support elevated copper prices.

Production copper tubes and pipes in Sweden

In value, 2017-2020, K $ US

In 2020, Sweden's output of copper tubes and pipes was valued at 5 473 thousand US dollars, remaining essentially unchanged from 2019. Over the period from 2017 to 2020, production decreased by 34.1%, which translates to an annualized decline of 13.0%.

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Sweden produced 459 tonnes of copper tubes and pipes, showing little change compared to 2019. From 2017 to 2020, production fell by 70.5%, with an annualized decrease of 33.5%.

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

Exports copper tubes and pipes from Sweden

Exports in kind, t

In 2020, Sweden exported 2 916 tonnes of copper tubes and pipes, representing a decline of 1.3% from the previous year. Between 2017 and 2020, exports decreased by 8.4%, equating to an annualized rate of 2.9%. The lowest export volume was recorded in 2018 at 2 838 tonnes, which also saw the largest decline of 10.8%. In contrast, 2019 experienced the largest increase of 4.1%.

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

From 2017 to 2020, Finland and Norway were the primary destinations for Sweden's exports of copper tubes and pipes in volume terms, jointly accounting for 80.6% of total flows, while the remaining share was distributed among other markets.

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

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

Exports in value, M $ US

In 2020, Sweden exported 24.0 million US dollars worth of copper tubes and pipes, showing minimal change from the previous year. Between 2017 and 2020, exports decreased by 6.7%, with an annualized decline of 2.3%. The lowest value was recorded in 2019 at 23.9 million US dollars, which also saw the largest decline of 11.2%. The highest value occurred in 2018 at 26.9 million US dollars, marking the largest increase of 4.5%.

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

During 2017–2020, Finland and Norway jointly absorbed 82.4% of Sweden's total exports of copper tubes and pipes in value terms, with the remainder spread across smaller markets.

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

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

Imports copper tubes and pipes to Sweden

Imports in kind, t

In 2020, Sweden imported 11 183 tonnes of copper tubes and pipes, marking a modest decline of 6.2% year-over-year. Over the period from 2017 to 2020, imports decreased by 9.2%, with an annualized rate of 3.2%. The largest increase was recorded in 2019 at 0.1%.

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

Throughout 2017–2020, the United Kingdom (32.1% of imports in volume terms), Germany (18.5%), and Italy (15.4%) were the key sources for Sweden's imports of copper tubes and pipes, together accounting for 66.0% of total flows.

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

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

Imports in value, M $ US

In 2020, Sweden imported 87.7 million US dollars worth of copper tubes and pipes, corresponding to a limited decline of 7.7% year-over-year. This marked the third consecutive year of decline. Over the period from 2017 to 2020, imports decreased by 20.7%, with an annualized rate of 7.4%.

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

In 2017–2020, the United Kingdom (35.1% of imports in value terms), Germany (18.5%), and Italy (12.8%) together accounted for 66.4% of Sweden's total imports of copper tubes and pipes in value terms, remaining the main sources.

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

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