Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in New Zealand - 2024
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in New Zealand (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in New Zealand
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in New Zealand (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 $23,392 per ton in 2022, falling by -18.6% against the previous year. Overall, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 164% against the previous year. The import price peaked at $28,732 per ton in 2021, and then reduced notably in the following year.
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 South Korea ($83,720 per ton), while the price for China ($17,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in New Zealand
In 2022, approx. 7 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were imported into New Zealand; dropping by -43.3% against 2021. In general, imports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 3.6% against the previous year.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) fell dramatically to $164K in 2022. Over the period under review, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 65%.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.1 | 39.1 | 84.1 | 81.6 | 32.5% |
| United Kingdom | 64.2 | 158 | 236 | 56.5 | -4.2% |
| South Korea | N/A | N/A | N/A | 25.7 | 0% |
| Qatar | 518 | N/A | N/A | N/A | 0% |
| Others | 5.5 | 17.5 | 35.4 | 0.4 | -58.3% |
| Total | 623 | 215 | 356 | 164 | -35.9% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to New Zealand in 2022:
- China (4.7 tons)
- United Kingdom (2.0 tons)
- South Korea (0.3 tons)
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