Price for Brass Tubes and Pipes in Colombia - 2022
Contents:
- Price for Brass Tubes and Pipes in Colombia (CIF) - 2022
- Price for Brass Tubes and Pipes in Colombia (FOB) - 2022
- Imports of Brass Tubes and Pipes in Colombia
- Exports of Brass Tubes and Pipes in Colombia
Price for Brass Tubes and Pipes in Colombia (CIF) - 2022
The average brass tubes and pipes import price stood at $11,469 per ton in 2022, picking up by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($16,999 per ton), while the price for Hong Kong SAR ($7,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Brass Tubes and Pipes in Colombia (FOB) - 2022
The average brass tubes and pipes export price stood at $7,272 per ton in 2022, waning by -18.1% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 194%. Over the period under review, the average export prices attained the peak figure at $20,774 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($30,018 per ton), while the average price for exports to Brazil stood at $2,983 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%), while the prices for the other major destinations experienced a decline.
Imports of Brass Tubes and Pipes in Colombia
In 2022, after three years of growth, there was decline in overseas purchases of tubes and pipes of copper-zinc base alloys (brass), when their volume decreased by -2.5% to 123 tons. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of 126 tons, and then dropped in the following year.
In value terms, brass tubes and pipes imports soared to $1.4M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Brass Tubes and Pipes in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 187 | 172 | 362 | 553 | 43.5% |
| Canada | 194 | 57.8 | 213 | 320 | 18.2% |
| India | 49.8 | N/A | 150 | 189 | 56.0% |
| Mexico | 145 | 319 | 122 | 183 | 8.1% |
| Hong Kong SAR | 69.0 | 185 | 265 | 77.0 | 3.7% |
| United States | 94.0 | 36.5 | 53.1 | 54.6 | -16.6% |
| Germany | 195 | 90.1 | 12.7 | 11.2 | -61.4% |
| Others | 19.7 | 61.2 | 23.8 | 18.0 | -3.0% |
| Total | 953 | 922 | 1,202 | 1,406 | 13.8% |
Top Suppliers of Brass Tubes and Pipes to Colombia in 2022:
- China (56.2 tons)
- Canada (20.1 tons)
- Mexico (15.8 tons)
- India (15.5 tons)
- Hong Kong SAR (10.1 tons)
- United States (3.2 tons)
- Germany (0.9 tons)
Exports of Brass Tubes and Pipes in Colombia
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) exported from Colombia surged to 353 kg, increasing by 93% on the previous year. Overall, exports continue to indicate resilient growth. The growth pace was the most rapid in 2021 when exports increased by 169% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, brass tubes and pipes exports surged to $2.6K in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Brass Tubes and Pipes in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 655 | 853 | 991 | 1,681 | 36.9% |
| Brazil | 1,413 | 148 | 633 | 886 | -14.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,068 | 1,001 | 1,624 | 2,567 | 7.5% |
Top Export Markets for Brass Tubes and Pipes from Colombia in 2022:
- Brazil (297.0 kg)
- United States (56.0 kg)
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
932
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
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