Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia - 2022

Contents:

  1. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia (CIF) - 2022
  2. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia (FOB) - 2022
  3. Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia
  4. Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia (CIF) - 2022

The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $22,151 per ton in 2022, falling by -3.1% against the previous year. Overall, the import price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57%. Over the period under review, average import prices attained the peak figure at $25,038 per ton in 2020; however, from 2021 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 Luxembourg ($92,185 per ton), while the price for South Korea ($3,714 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia (FOB) - 2022

In 2022, the average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $10,884 per ton, with an increase of 24% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 167% against the previous year. Over the period under review, the average export prices hit record highs at $41,594 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to -5.2% per year.

Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia

Imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into Colombia soared to 1.9 tons in 2022, with an increase of 54% compared with the year before. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) surged to $41K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 97%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.99.97.115.712.9%
China0.60.60.85.7111.8%
India0.70.60.85.092.6%
Luxembourg0.70.50.65.092.6%
Mexico0.60.90.93.783.4%
United States1.10.11.72.429.7%
South Korea1.30.70.62.320.9%
NetherlandsN/A0.414.5N/A3525.0%
Others0.50.30.71.440.9%
Total16.414.027.641.235.9%

Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Colombia in 2022:

  1. South Korea (618.0 kg)
  2. India (367.0 kg)
  3. Germany (316.0 kg)
  4. China (259.0 kg)
  5. Mexico (146.0 kg)
  6. United States (87.0 kg)
  7. Luxembourg (54.0 kg)

Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia

In 2022, overseas shipments of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were finally on the rise to reach 215 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt curtailment.

In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) skyrocketed to $2.3K in 2022. Over the period under review, exports, however, recorded a deep setback.

Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.72.31.02.3-5.2%
Free Zones0.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.72.31.02.3-14.7%

Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Colombia in 2022:

  1. United States (215.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) - Colombia