Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg (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 $8,557 per ton in 2022, falling by -19.4% against the previous year. In general, the import price saw a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 211% against the previous year. The import price peaked at $29,069 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 the UK ($64,995 per ton), while the price for Germany amounted to $6,236 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+214.8%).
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg (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 $83,491 per ton in 2022, rising by 7.6% against the previous year. In general, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by 1,528%. Over the period under review, the average export prices hit record highs at $114,523 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($108,565 per ton), while the average price for exports to Sweden ($52,708 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+97.6%).
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg
After two years of decline, overseas purchases of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by 482% to 10 tons in 2022. Over the period under review, imports, however, saw a noticeable shrinkage.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) soared to $89K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.4 | 21.9 | 17.8 | 61.7 | 66.4% |
| United Kingdom | 20.1 | N/A | 0.3 | 24.6 | 7.0% |
| Others | 6.2 | 4.9 | 0.8 | 2.5 | -26.1% |
| Total | 39.7 | 26.8 | 18.9 | 88.8 | 30.8% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Luxembourg in 2022:
- Germany (9.9 tons)
- United Kingdom (0.4 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg
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 Luxembourg skyrocketed to 167 kg, surging by 40% compared with the previous year. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 170%. The exports peaked in 2022 and are expected to retain growth in years to come.
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 $14K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 7.8 | 9.2 | 17.9% |
| Netherlands | 8.0 | 0.3 | 1.4 | 3.5 | -24.1% |
| Sweden | N/A | N/A | N/A | 1.3 | 0% |
| Italy | N/A | 4.0 | N/A | N/A | 0% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 8.0 | 5.0 | 9.2 | 13.9 | 20.2% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Luxembourg in 2022:
- United Kingdom (85.0 kg)
- Netherlands (58.0 kg)
- Sweden (24.0 kg)
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