Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Israel - 2024
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Israel (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Israel
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Israel (CIF) - 2022
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $17,095 per ton in 2022, surging by 19% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by +40.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($20,510 per ton), while the price for Brazil ($11,603 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Israel
For the fourth year in a row, Israel recorded growth in overseas purchases of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), which increased by 11% to 50 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) skyrocketed to $863K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 97.9 | 176 | 348 | 329 | 49.8% |
| Brazil | 134 | 137 | 202 | 206 | 15.4% |
| Hong Kong SAR | N/A | N/A | N/A | 175 | 0% |
| Germany | 9.9 | 5.9 | 30.3 | 65.9 | 88.1% |
| South Korea | 3.7 | 26.6 | 38.7 | 38.3 | 117.9% |
| Italy | 3.6 | 6.7 | 16.4 | 22.9 | 85.3% |
| China | 27.3 | 5.0 | 2.1 | 1.9 | -58.9% |
| Others | 13.0 | 13.1 | 16.2 | 24.8 | 24.0% |
| Total | 289 | 370 | 654 | 863 | 44.0% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Israel in 2022:
- Brazil (17.7 tons)
- United States (16.0 tons)
- Hong Kong SAR (8.5 tons)
- Germany (3.2 tons)
- South Korea (2.2 tons)
- Italy (1.1 tons)
- China (0.1 tons)
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