Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $14,113 per ton, growing by 4.8% against the previous year. In general, the import price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $15,681 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 the United States ($44,150 per ton), while the price for Pakistan ($3,053 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%), 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 United Arab Emirates (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 $5,491 per ton, falling by -53.1% against the previous year. Over the period under review, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 261% against the previous year. As a result, the export price reached the peak level of $11,711 per ton, and then shrank remarkably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($7,036 per ton), while the average price for exports to Senegal ($616 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 Iran (+11.5%), while the prices for the other major destinations experienced a decline.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates
In 2022, overseas purchases of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by 246% to 518 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt contraction.
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 $7.3M in 2022. Over the period under review, imports, however, showed a abrupt contraction.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.0 | 0.9 | 0.9 | 4.9 | 69.8% |
| South Korea | 0.4 | 0.2 | 0.5 | 0.8 | 26.0% |
| China | 6.1 | 3.0 | 0.5 | 0.6 | -53.8% |
| Germany | 1.0 | 0.6 | 0.1 | 0.5 | -20.6% |
| France | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Pakistan | N/A | N/A | N/A | 0.1 | 0% |
| Azerbaijan | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.2 | N/A | 0.2 | -26.3% |
| Total | 9.4 | 5.0 | 2.0 | 7.3 | -8.1% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to the United Arab Emirates in 2022:
- India (372.6 tons)
- South Korea (49.0 tons)
- China (35.8 tons)
- Pakistan (21.7 tons)
- Germany (21.4 tons)
- France (12.6 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in overseas shipments of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume decreased by -72.2% to 9.1 tons. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 237% 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) dropped dramatically to $50K in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 852% against the previous year. As a result, the exports attained the peak of $382K, and then dropped significantly in the following year.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 15.5 | 12.9 | 21.1 | 35.6 | 31.9% |
| Georgia | N/A | N/A | N/A | 8.0 | 0% |
| France | 0.5 | 1.5 | 1.2 | 3.5 | 91.3% |
| Senegal | N/A | N/A | N/A | 0.9 | 0% |
| India | 3.3 | 22.4 | N/A | N/A | 578.8% |
| Iran | N/A | N/A | 356 | N/A | 0% |
| Others | 2.0 | 3.3 | 4.1 | 1.8 | -3.5% |
| Total | 21.2 | 40.1 | 382 | 49.9 | 33.0% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from the United Arab Emirates in 2022:
- Oman (5.7 tons)
- Senegal (1.5 tons)
- Georgia (1.1 tons)
- France (0.6 tons)
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