Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK - 2024
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK (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 $17,752 per ton in 2022, reducing by -9.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. The import price peaked at $19,520 per ton in 2021, and then contracted 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 ($34,108 per ton), while the price for Hong Kong SAR ($11,490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK (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 $26,727 per ton, reducing by -8.5% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by +4.9% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 49% against the previous year. The export price peaked at $29,207 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($74,522 per ton), while the average price for exports to Saudi Arabia ($11,705 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 Ireland (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK
Imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into the UK reached 663 tons in 2022, stabilizing at the previous year. Overall, imports saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank to $12M in 2022. In general, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 117%. As a result, imports attained the peak of $13M, and then reduced in the following year.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 0.7 | 1.9 | 3.4 | 104.1% |
| Germany | 2.9 | 2.5 | 6.6 | 3.3 | 4.4% |
| India | 0.5 | 0.3 | 1.6 | 1.8 | 53.3% |
| United States | 1.9 | 0.9 | 0.7 | 1.2 | -14.2% |
| Austria | 0.4 | 0.6 | 1.2 | 0.6 | 14.5% |
| South Korea | 0.4 | 0.6 | 0.2 | 0.5 | 7.7% |
| Hong Kong SAR | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Mexico | 0.4 | 0.2 | 0.1 | 0.2 | -20.6% |
| Others | 0.3 | N/A | 0.5 | 0.5 | 18.6% |
| Total | 7.3 | 5.9 | 12.8 | 11.8 | 17.4% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to the UK in 2022:
- China (234.8 tons)
- Germany (135.8 tons)
- India (118.0 tons)
- Austria (41.6 tons)
- South Korea (41.6 tons)
- United States (34.2 tons)
- Hong Kong SAR (23.6 tons)
- Mexico (22.0 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK
In 2022, approx. 152 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were exported from the UK; increasing by 1.5% against the year before. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53%. As a result, the exports reached the peak of 159 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) declined to $4.1M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 821 | 864 | 967 | 1,522 | 22.8% |
| France | 256 | 714 | 839 | 756 | 43.5% |
| Libya | N/A | N/A | N/A | 352 | 0% |
| Finland | 18.1 | 28.9 | 19.6 | 265 | 144.6% |
| Italy | 1.0 | N/A | 19.0 | 136 | 414.3% |
| Ireland | 12.9 | 12.0 | 840 | 102 | 99.2% |
| Australia | 90.3 | 59.2 | 73.0 | 97.4 | 2.6% |
| Saudi Arabia | 71.6 | 27.2 | 38.8 | 75.5 | 1.8% |
| United States | 8.2 | 96.5 | 74.1 | 65.3 | 99.7% |
| China | 7.8 | 75.0 | 371 | 29.6 | 56.0% |
| New Zealand | 41.0 | 178 | 54.7 | 26.9 | -13.1% |
| Denmark | 217 | 354 | 105 | 11.3 | -62.7% |
| Indonesia | N/A | 249 | N/A | 1.3 | -92.8% |
| Others | 855 | 1,164 | 977 | 625 | -9.9% |
| Total | 2,400 | 3,822 | 4,377 | 4,066 | 19.2% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from the UK in 2022:
- Germany (72.0 tons)
- Libya (17.2 tons)
- France (12.5 tons)
- Italy (8.9 tons)
- Saudi Arabia (6.5 tons)
- Ireland (4.7 tons)
- Australia (4.4 tons)
- Finland (3.6 tons)
- United States (2.3 tons)
- China (0.9 tons)
- New Zealand (0.8 tons)
- Denmark (0.5 tons)
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