Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary (CIF) - 2023
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary (CIF) - 2023
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $15,451 per ton in December 2023, surging by 12% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in October 2023 an increase of 24% against the previous month. Over the period under review, average import prices reached the maximum at $15,987 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($53,091 per ton), while the price for Italy ($11,584 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary (FOB) - 2022
In 2022, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $14,195 per ton, rising by 42% against the previous year. Overall, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2014 an increase of 68%. As a result, the export price reached the peak level of $43,311 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($15,917 per ton), while the average price for exports to Germany ($8,450 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 Indonesia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary
Imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver into Hungary was estimated at 361 tons in 2022, increasing by 10% compared with 2021. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. 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 alloys other than copper-zinc, cupro-nickel or nickel-silver expanded rapidly to $4.9M in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,338 | 1,350 | 2,002 | 2,480 | 22.8% |
| Germany | 966 | 880 | 1,285 | 1,774 | 22.5% |
| Italy | 2.1 | 25.6 | 210 | 285 | 413.9% |
| France | 62.9 | 74.8 | 141 | 59.8 | -1.7% |
| Greece | 134 | 55.9 | 306 | N/A | 51.1% |
| Others | 258 | 253 | 334 | 282 | 3.0% |
| Total | 2,761 | 2,640 | 4,279 | 4,881 | 20.9% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Hungary in 2022:
- Austria (188.3 tons)
- Germany (124.0 tons)
- Italy (29.2 tons)
- France (3.5 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary
In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver exported from Hungary rose rapidly to 47 tons, surging by 6.3% on 2021 figures. The total export volume increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% 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.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $668K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 31.6 | 141 | 227 | 321 | 116.6% |
| Italy | 125 | 107 | 72.0 | 132 | 1.8% |
| Serbia | 0.9 | 3.7 | 5.1 | 102 | 383.9% |
| Germany | 102 | 31.0 | 78.2 | 63.3 | -14.7% |
| Romania | 33.2 | 67.0 | 2.3 | 14.0 | -25.0% |
| Others | 2.8 | 14.4 | 59.1 | 35.7 | 133.6% |
| Total | 296 | 364 | 444 | 668 | 31.2% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Hungary in 2022:
- Indonesia (21.9 tons)
- Italy (9.7 tons)
- Germany (7.5 tons)
- Serbia (6.4 tons)
- Romania (1.0 tons)
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