Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan (FOB) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan (CIF) - 2022
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan (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 $33,991 per ton, surging by 17% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in 2020 an increase of 92%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($62,767 per ton), while the average price for exports to South Korea ($20,724 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 Saudi Arabia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan (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 $21,562 per ton in 2022, waning by -4.2% against the previous year. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $27,497 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($131,054 per ton), while the price for South Korea ($13,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan
In 2022, the amount of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) exported from Japan totaled 160 tons, with an increase of 8.4% compared with 2021. Over the period under review, exports, however, showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year.
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 $5.4M in 2022. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 55%.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 6,737 | 815 | 1,733 | 2,456 | -28.6% |
| Indonesia | 1,473 | 1,005 | 1,139 | 1,444 | -0.7% |
| Malaysia | 295 | 610 | 1,045 | 932 | 46.7% |
| Saudi Arabia | N/A | N/A | N/A | 302 | 0% |
| Vietnam | N/A | N/A | N/A | 164 | 0% |
| South Korea | 19.2 | 190 | 98.3 | 82.5 | 62.6% |
| China | 333 | 88.9 | 136 | 51.3 | -46.4% |
| Thailand | 372 | N/A | N/A | N/A | 0% |
| Others | 87.9 | 49.2 | 136 | 16.1 | -43.2% |
| Total | 9,316 | 2,759 | 4,289 | 5,448 | -16.4% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Japan in 2022:
- Taiwan (Chinese) (104.3 tons)
- Indonesia (23.0 tons)
- Malaysia (14.8 tons)
- Vietnam (7.3 tons)
- Saudi Arabia (5.3 tons)
- South Korea (4.0 tons)
- China (1.2 tons)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan
In 2022, purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) was finally on the rise to reach 76 tons after two years of decline. Overall, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) skyrocketed to $1.6M in 2022. In general, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 740 | 496 | 716 | 1,339 | 21.9% |
| United States | 319 | 135 | 237 | 216 | -12.2% |
| Austria | 14.8 | 8.7 | 52.8 | 64.1 | 63.0% |
| South Korea | 25.1 | 99.2 | 86.9 | 5.4 | -40.1% |
| Others | 75.4 | 9.7 | 11.8 | 21.8 | -33.9% |
| Total | 1,174 | 748 | 1,104 | 1,646 | 11.9% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Japan in 2022:
- China (68.5 tons)
- United States (4.6 tons)
- Austria (2.1 tons)
- South Korea (0.4 tons)
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