Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka - 2022

Contents:

  1. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka (FOB) - 2022
  2. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka (CIF) - 2022
  3. Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka
  4. Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka (FOB) - 2022

The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $5,992 per ton in 2022, waning by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 an increase of 42% against the previous year. As a result, the export price attained the peak level of $7,243 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,386 per ton), while the average price for exports to Maldives ($5,132 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 Malaysia (+12.8%), while the prices for the other major destinations experienced a decline.

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka (CIF) - 2022

In 2022, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $8,065 per ton, shrinking by -28% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110% against the previous year. As a result, import price attained the peak level of $13,091 per ton. From 2019 to 2022, the average 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 South Korea ($15,338 per ton), while the price for Democratic People's Republic of Korea ($4,106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka

In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver exported from Sri Lanka contracted modestly to 129 tons, which is down by -1.9% against 2021 figures. Overall, exports showed a mild shrinkage. The smallest decline of -1.9% was in 2021.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver declined to $773K in 2022. In general, exports saw a deep contraction. The smallest decline of -5.6% was in 2020.

Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12630539655664.0%
India775558388203-36.0%
Maldives18.23.533.612.9-10.8%
Others1.71.90.91.93.8%
Total920868819773-5.6%

Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Sri Lanka in 2022:

  1. United Arab Emirates (87.0 tons)
  2. India (39.0 tons)
  3. Maldives (2.5 tons)

Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka

In 2022, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver into Sri Lanka shrank sharply to 67 tons, waning by -51.5% compared with 2021. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of -15.4% was in 2020.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver contracted dramatically to $544K in 2022. Overall, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $1.6M, and then contracted significantly in the following year.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China874694811197-39.1%
Vietnam19415810162.6-31.4%
United Arab Emirates21.069.635.732.215.3%
New Zealand93.089.723.028.9-32.3%
Thailand60.955.743.728.2-22.6%
Spain18.431.478.920.43.5%
Democratic People's Republic of Korea24.323.719.913.6-17.6%
South Korea14964.921.04.7-68.4%
Others99.611342615616.1%
Total1,5351,3001,560544-29.2%

Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Sri Lanka in 2022:

  1. China (33.6 tons)
  2. Vietnam (8.0 tons)
  3. United Arab Emirates (6.3 tons)
  4. Thailand (4.5 tons)
  5. Democratic People's Republic of Korea (3.3 tons)
  6. Spain (2.8 tons)
  7. New Zealand (2.6 tons)
  8. South Korea (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper alloys (other than copper-zinc, copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel-silver)) - Sri Lanka