Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR (FOB) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR (CIF) - 2022
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR (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 $131,881 per ton, with an increase of 59% against the previous year. Overall, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 545% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($136,276 per ton), while the average price for exports to Thailand totaled $95,907 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.4%).
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR (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 $40,074 per ton in 2022, with a decrease of -43.8% against the previous year. Overall, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2020 an increase of 230%. Over the period under review, average import prices reached the maximum at $71,315 per ton in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($71,826 per ton), while the price for China amounted to $19,515 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced a decline.
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in shipments abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume increased by 71% to 496 kg. Overall, exports, however, showed a precipitous setback.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) surged to $65K in 2022. In general, exports, however, saw a precipitous descent.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 81.5 | 116 | 24.0 | 60.2 | -9.6% |
| Thailand | N/A | N/A | N/A | 5.2 | 0% |
| Iran | 136 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 218 | 116 | 24.0 | 65.4 | -33.1% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Hong Kong SAR in 2022:
- China (442.0 kg)
- Thailand (54.0 kg)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR
In 2022, purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by 20% to 1.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous slump.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) declined remarkably to $53K in 2022. Over the period under review, imports, however, continue to indicate a precipitous shrinkage.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 60.3 | 88.1 | 75.5 | 37.2 | -14.9% |
| China | 6.6 | 41.6 | 1.7 | 15.6 | 33.2% |
| South Korea | 136 | N/A | N/A | N/A | 0% |
| Others | 2.9 | N/A | 0.8 | N/A | -47.5% |
| Total | 206 | 130 | 78.0 | 52.8 | -36.5% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Hong Kong SAR in 2022:
- China (800.0 kg)
- United States (518.0 kg)
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