Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Denmark - 2023

Contents:

1. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Denmark (CIF) - 2023
2. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Denmark (FOB) - 2022
3. Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Denmark
4. Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Denmark

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Denmark (CIF) - 2023

In November 2023, the average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $25,526 per ton, with a decrease of -24.1% against the previous month. In general, the import price continues to indicate a slight downturn. The growth pace was the most rapid in May 2023 when the average import price increased by 107% against the previous month. As a result, import price attained the peak level of $75,256 per ton. From June 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($37,548 per ton), while the price for France ($23,002 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $14,761 per ton in 2022, with a decrease of -57.6% against the previous year. Over the period under review, the export price, however, posted slight growth. The most prominent rate of growth was recorded in 2021 an increase of 72%. As a result, the export price attained the peak level of $34,811 per ton, and then reduced sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($43,325 per ton), while the average price for exports to Faroe Islands ($8,707 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 Angola (+222.6%), while the prices for the other major destinations experienced a decline.

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

For the third consecutive year, Denmark recorded decline in supplies from abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), which decreased by -27.3% to 29 tons in 2022. In general, imports showed a dramatic decline. The smallest decline of -25.3% was in 2020.

In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank markedly to $971K in 2022. Over the period under review, imports showed a precipitous decline. The smallest decline of -8.8% was in 2021.

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

1. Germany (20.7 tons)
2. Netherlands (3.1 tons)
3. Romania (1.5 tons)
4. Taiwan (Chinese) (1.2 tons)
5. China (1.2 tons)
6. United Kingdom (0.5 tons)

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

In 2022, approx. 5.8 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were exported from Denmark; rising by 855% compared with 2021 figures. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,895% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

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 $86K in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 3,763%. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Norway (4.2 tons)
2. Angola (0.8 tons)
3. Faroe Islands (0.7 tons)
4. Iceland (0.2 tons)

Source: IndexBox Market Intelligence Platform