Price for Brass Tubes and Pipes in Luxembourg - 2023

Contents:

  1. Price for Brass Tubes and Pipes in Luxembourg (CIF) - 2022
  2. Price for Brass Tubes and Pipes in Luxembourg (FOB) - 2022
  3. Imports of Brass Tubes and Pipes in Luxembourg
  4. Exports of Brass Tubes and Pipes in Luxembourg

Price for Brass Tubes and Pipes in Luxembourg (CIF) - 2022

In 2022, the average brass tubes and pipes import price amounted to $22,371 per ton, increasing by 33% against the previous year. Overall, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2016 an increase of 51% against the previous year. The import price peaked at $36,132 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($30,940 per ton), while the price for Belgium ($6,151 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Brass Tubes and Pipes in Luxembourg (FOB) - 2022

The average brass tubes and pipes export price stood at $15,898 per ton in 2022, which is down by -15% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 175% against the previous year. Over the period under review, the average export prices reached the peak figure at $32,873 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($119,313 per ton), while the average price for exports to Germany ($4,498 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 China (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in Luxembourg

In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) imported into Luxembourg dropped to 20 tons, reducing by -12.1% against 2021 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 23 tons, and then fell in the following year.

In value terms, brass tubes and pipes imports surged to $451K in 2022. In general, imports continue to indicate a abrupt downturn.

Import of Brass Tubes and Pipes in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2732282232841.3%
Czech Republic26.851.688.112366.2%
Belgium40.936.041.034.1-5.9%
Spain174N/AN/AN/A0%
Others59.548.533.010.1-44.6%
Total574364385451-7.7%

Top Suppliers of Brass Tubes and Pipes to Luxembourg in 2022:

  1. Germany (9.2 tons)
  2. Belgium (5.5 tons)
  3. Czech Republic (5.1 tons)

Exports of Brass Tubes and Pipes in Luxembourg

In 2022, approx. 7.2 tons of tubes and pipes of copper-zinc base alloys (brass) were exported from Luxembourg; reducing by -14.8% against 2021 figures. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, the exports reached the peak of 8.4 tons, and then shrank in the following year.

In value terms, brass tubes and pipes exports contracted markedly to $114K in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.

Export of Brass Tubes and Pipes in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom13991.513574.7-18.7%
United States9.76.45.815.316.4%
Germany4.60.10.23.3-10.5%
Czech RepublicN/AN/A5.82.5-56.9%
Others8.340.810.618.229.9%
Total162139157114-11.1%

Top Export Markets for Brass Tubes and Pipes from Luxembourg in 2022:

  1. United Kingdom (5.9 tons)
  2. Germany (0.7 tons)
  3. United States (0.1 tons)
  4. Czech Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

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