Price for Brass Tubes and Pipes in Hungary - 2023
Contents:
- Price for Brass Tubes and Pipes in Hungary (CIF) - 2023
- Price for Brass Tubes and Pipes in Hungary (FOB) - 2022
- Imports of Brass Tubes and Pipes in Hungary
- Exports of Brass Tubes and Pipes in Hungary
Price for Brass Tubes and Pipes in Hungary (CIF) - 2023
In August 2023, the average brass tubes and pipes import price amounted to $9,237 per ton, waning by -2.9% against the previous month. Overall, import price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, brass tubes and pipes import price decreased by -16.6% against June 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 80% against the previous month. The import price peaked at $11,070 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($9,716 per ton), while the price for Germany totaled $9,013 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.2%).
Price for Brass Tubes and Pipes in Hungary (FOB) - 2022
The average brass tubes and pipes export price stood at $28,365 per ton in 2022, shrinking by -18.1% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 export price decreased by -29.9% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 115% against the previous year. The export price peaked at $40,490 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($117,652 per ton), while the average price for exports to Belgium ($6,202 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Brass Tubes and Pipes in Hungary
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) imported into Hungary reduced markedly to 1.8K tons, with a decrease of -30.4% on 2021 figures. Overall, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of 2.7K tons, and then contracted notably in the following year.
In value terms, brass tubes and pipes imports declined to $16M in 2022. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. As a result, imports reached the peak of $17M, and then fell in the following year.
Import of Brass Tubes and Pipes in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.4 | 6.8 | 14.9 | 14.0 | 18.6% |
Turkey | N/A | 0.2 | 1.0 | 0.6 | 73.2% |
Others | 2.0 | 1.5 | 1.6 | 1.3 | -13.4% |
Total | 10.5 | 8.6 | 17.5 | 15.9 | 14.8% |
Top Suppliers of Brass Tubes and Pipes to Hungary in 2022:
- Germany (1721.5 tons)
- Turkey (48.9 tons)
Exports of Brass Tubes and Pipes in Hungary
In 2022, after three years of growth, there was significant decline in shipments abroad of tubes and pipes of copper-zinc base alloys (brass), when their volume decreased by -44.4% to 2.9 tons. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 210%. As a result, the exports attained the peak of 5.2 tons, and then shrank sharply in the following year.
In value terms, brass tubes and pipes exports dropped dramatically to $83K in 2022. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 254%. As a result, the exports attained the peak of $181K, and then fell sharply in the following year.
Export of Brass Tubes and Pipes in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | 34.8 | 36.5 | 4.9% |
Norway | 45.8 | 22.0 | 42.8 | 29.4 | -13.7% |
Slovakia | 0.4 | 0.1 | 0.1 | 5.3 | 136.6% |
Romania | 3.6 | 4.1 | 4.8 | 2.7 | -9.1% |
Ukraine | 1.0 | 2.2 | 2.0 | 2.0 | 26.0% |
China | N/A | N/A | 27.2 | 1.6 | -94.1% |
Turkey | N/A | N/A | N/A | 1.5 | 0% |
Belgium | 1.7 | 0.2 | 0.5 | 0.7 | -25.6% |
Serbia | 0.9 | 5.9 | 4.9 | 0.5 | -17.8% |
Russia | 12.4 | 5.7 | 47.5 | N/A | 95.7% |
France | N/A | 10.0 | 13.8 | N/A | 38.0% |
Others | 1.1 | 1.1 | 2.8 | 2.3 | 27.9% |
Total | 66.8 | 51.3 | 181 | 82.5 | 7.3% |
Top Export Markets for Brass Tubes and Pipes from Hungary in 2022:
- United Kingdom (1352.0 kg)
- Norway (667.0 kg)
- Slovakia (434.0 kg)
- Belgium (119.0 kg)
- Ukraine (80.0 kg)
- Turkey (78.0 kg)
- China (59.0 kg)
- Serbia (41.0 kg)
- Romania (23.0 kg)
This report provides an in-depth analysis of the market for copper tube and pipe in Hungary.
This report provides an in-depth analysis of the market for copper pipe and fitting in Hungary.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
This report provides an in-depth analysis of the market for copper tube and pipe in Hungary.
This report provides an in-depth analysis of the market for copper pipe and fitting in Hungary.
This report provides an in-depth analysis of the global market for copper tube and pipe.
This report provides an in-depth analysis of the global market for copper pipe and fitting.
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