Price for Brass Tubes and Pipes in Egypt - 2023
Contents:
- Price for Brass Tubes and Pipes in Egypt (CIF) - 2022
- Price for Brass Tubes and Pipes in Egypt (FOB) - 2022
- Imports of Brass Tubes and Pipes in Egypt
- Exports of Brass Tubes and Pipes in Egypt
Price for Brass Tubes and Pipes in Egypt (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $11,955 per ton, surging by 14% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brass tubes and pipes import price increased by +103.2% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 33%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($11,976 per ton) and Italy ($11,956 per ton), while the price for France ($11,954 per ton) and China ($11,955 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Brass Tubes and Pipes in Egypt (FOB) - 2022
The average brass tubes and pipes export price stood at $5,169 per ton in 2022, jumping by 27% against the previous year. In general, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $9,346 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Jordan.
From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to -3.7% per year.
Imports of Brass Tubes and Pipes in Egypt
Brass tubes and pipes imports into Egypt surged to 110 tons in 2022, jumping by 93% against 2021. Over the period under review, imports, however, recorded a slight shrinkage.
In value terms, brass tubes and pipes imports surged to $1.3M in 2022. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Brass Tubes and Pipes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 160 | 18.1 | 101 | 529 | 49.0% |
| Greece | 14.2 | 12.8 | 68.6 | 489 | 225.3% |
| China | 37.2 | 8.2 | 40.6 | 218 | 80.3% |
| Italy | 48.3 | 22.9 | 23.0 | 40.8 | -5.5% |
| France | 2.5 | 2.0 | 5.0 | 30.2 | 129.5% |
| India | 143 | 41.3 | 19.0 | 2.0 | -75.9% |
| Thailand | 109 | 64.8 | 128 | N/A | 8.4% |
| Vietnam | 58.3 | N/A | N/A | N/A | 0% |
| Malaysia | 49.1 | 20.2 | 27.4 | N/A | -25.3% |
| United Kingdom | 13.0 | 4.7 | 4.9 | N/A | -38.6% |
| Serbia | 43.6 | 6.8 | 25.1 | N/A | -24.1% |
| Poland | 68.6 | 22.7 | 34.8 | N/A | -28.8% |
| Turkey | 31.8 | 8.1 | 13.2 | N/A | -35.6% |
| Others | 97.9 | 54.6 | 104 | 0.1 | -89.9% |
| Total | 877 | 287 | 594 | 1,309 | 14.3% |
Top Suppliers of Brass Tubes and Pipes to Egypt in 2022:
- Germany (44.3 tons)
- Greece (40.9 tons)
- China (18.2 tons)
- Italy (3.4 tons)
- France (2.5 tons)
- India (0.2 tons)
Exports of Brass Tubes and Pipes in Egypt
In 2022, approx. 2.5 tons of tubes and pipes of copper-zinc base alloys (brass) were exported from Egypt; waning by -28.3% compared with 2021. In general, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 113%.
In value terms, brass tubes and pipes exports shrank to $13K in 2022. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 146%.
| Export of Brass Tubes and Pipes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 19.6 | 4.9 | 11.8 | 12.6 | -13.7% |
| Slovenia | 78.2 | N/A | N/A | N/A | 0% |
| Kuwait | N/A | N/A | 1.9 | N/A | 0% |
| Italy | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Total | 98.0 | 5.7 | 14.1 | 12.8 | -49.3% |
Top Export Markets for Brass Tubes and Pipes from Egypt in 2022:
- Jordan (2.5 tons)
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