Price for Brass Tubes and Pipes in Serbia - 2024
Contents:
- Price for Brass Tubes and Pipes in Serbia (FOB) - 2024
- Price for Brass Tubes and Pipes in Serbia (CIF) - 2022
- Exports of Brass Tubes and Pipes in Serbia
- Imports of Brass Tubes and Pipes in Serbia
Price for Brass Tubes and Pipes in Serbia (FOB) - 2024
In January 2024, the average brass tubes and pipes export price amounted to $9,655 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in December 2023 an increase of 3.8% month-to-month. The export price peaked at $10,940 per ton in February 2023; however, from March 2023 to January 2024, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In January 2024, the country with the highest price was the Czech Republic ($12,618 per ton), while the average price for exports to Germany ($9,550 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Brass Tubes and Pipes in Serbia (CIF) - 2022
The average brass tubes and pipes import price stood at $18,006 per ton in 2022, stabilizing at the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 import price decreased by -2.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 51%. Over the period under review, average import prices attained the peak figure at $18,475 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($54,211 per ton), while the price for Romania ($9,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Brass Tubes and Pipes in Serbia
In 2022, approx. 1.5K tons of tubes and pipes of copper-zinc base alloys (brass) were exported from Serbia; surging by 18% on 2021. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, brass tubes and pipes exports soared to $15M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Brass Tubes and Pipes in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.4 | 4.4 | 8.2 | 9.5 | 20.7% |
| Germany | 2.2 | 0.9 | 1.1 | 2.0 | -3.1% |
| Canada | 0.4 | 0.8 | 0.9 | 1.9 | 68.1% |
| Italy | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Czech Republic | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Slovakia | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
| Others | 0.7 | 0.6 | 0.6 | 0.5 | -10.6% |
| Total | 9.9 | 7.9 | 12.1 | 15.2 | 15.4% |
Top Export Markets for Brass Tubes and Pipes from Serbia in 2022:
- United States (902.4 tons)
- Germany (208.8 tons)
- Canada (180.6 tons)
- Italy (67.3 tons)
- Czech Republic (43.4 tons)
- Slovakia (19.4 tons)
Imports of Brass Tubes and Pipes in Serbia
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) imported into Serbia declined significantly to 23 tons, with a decrease of -37.7% on the previous year. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of 36 tons, and then dropped dramatically in the following year.
In value terms, brass tubes and pipes imports dropped dramatically to $409K in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $662K, and then dropped significantly in the following year.
| Import of Brass Tubes and Pipes in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 125 | 182 | 242 | 143 | 4.6% |
| Italy | 331 | 203 | 134 | 119 | -28.9% |
| China | 39.6 | 19.4 | 154 | 82.7 | 27.8% |
| Romania | 62.9 | 14.0 | 53.7 | 34.4 | -18.2% |
| Croatia | 22.3 | 9.6 | 13.3 | 8.5 | -27.5% |
| Poland | 0.6 | N/A | 41.1 | 4.8 | 100.0% |
| Others | 16.3 | 28.1 | 24.0 | 16.5 | 0.4% |
| Total | 598 | 456 | 662 | 409 | -11.9% |
Top Suppliers of Brass Tubes and Pipes to Serbia in 2022:
- Italy (9.3 tons)
- China (5.6 tons)
- Romania (3.8 tons)
- Germany (2.6 tons)
- Croatia (0.6 tons)
- Poland (0.1 tons)
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