Price for Brass Tubes and Pipes in Iran - 2021
Contents:
- Price for Brass Tubes and Pipes in Iran (CIF) - 2022
- Price for Brass Tubes and Pipes in Iran (FOB) - 2022
- Imports of Brass Tubes and Pipes in Iran
- Exports of Brass Tubes and Pipes in Iran
Price for Brass Tubes and Pipes in Iran (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $4,490 per ton, falling by -24.9% against the previous year. Overall, the import price saw a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 11%. The import price peaked at $8,157 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6,108 per ton), while the price for China totaled $4,433 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Brass Tubes and Pipes in Iran (FOB) - 2022
In 2022, the average brass tubes and pipes export price amounted to $6,572 per ton, picking up by 6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 an increase of 37%. Over the period under review, the average export prices reached the maximum at $7,808 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +6.7% per year.
Imports of Brass Tubes and Pipes in Iran
Brass tubes and pipes imports into Iran soared to 191 tons in 2022, jumping by 49% on the year before. Over the period under review, imports, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 87%. As a result, imports attained the peak of 372 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, brass tubes and pipes imports expanded remarkably to $859K in 2022. In general, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Brass Tubes and Pipes in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 689 | 1,232 | 373 | 823 | 6.1% |
| Turkey | 2.5 | N/A | 388 | 33.5 | 137.5% |
| India | 687 | N/A | N/A | N/A | 0% |
| Poland | N/A | 689 | N/A | N/A | 0% |
| Others | 46.4 | 736 | 7.5 | 2.3 | -63.3% |
| Total | 1,425 | 2,657 | 768 | 859 | -15.5% |
Top Suppliers of Brass Tubes and Pipes to Iran in 2022:
- China (185.7 tons)
- Turkey (5.5 tons)
Exports of Brass Tubes and Pipes in Iran
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 -33.4% to 22 tons. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 212%.
In value terms, brass tubes and pipes exports shrank rapidly to $147K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 223%.
| Export of Brass Tubes and Pipes in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 34.7 | 199 | 146 | 105.1% |
| Armenia | 20.5 | 0.8 | 5.9 | 0.3 | -75.5% |
| Azerbaijan | 8.9 | 2.9 | 3.4 | N/A | -38.2% |
| Lebanon | N/A | 79.7 | N/A | N/A | 0% |
| United Arab Emirates | 8.6 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 5.4 | N/A | 1.3 | 63.0% |
| Total | 38.3 | 124 | 209 | 147 | 56.6% |
Top Export Markets for Brass Tubes and Pipes from Iran in 2022:
- Turkey (22.2 tons)
- Armenia (0.1 tons)
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