Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK - 2024
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK (CIF) - 2024
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK (CIF) - 2024
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $13,943 per ton in December 2023, with a decrease of -29.5% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 62% month-to-month. As a result, import price attained the peak level of $19,778 per ton, and then contracted markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Slovakia ($33,946 per ton), while the price for Germany ($12,316 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK (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 $29,336 per ton, growing by 47% against the previous year. Over the period under review, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($52,793 per ton), while the average price for exports to India ($8,928 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 Cyprus (+90.3%), 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 the UK
For the third year in a row, the UK recorded decline in supplies from abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which decreased by -12.6% to 895 tons in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -10.8% was in 2021.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver expanded notably to $14M in 2022. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 17%.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 3.6 | 2.3 | 5.4 | 4.0% |
| Austria | 2.6 | 1.6 | 5.8 | 4.2 | 17.3% |
| Netherlands | 1.5 | 1.1 | 1.7 | 1.1 | -9.8% |
| Switzerland | 0.6 | 0.4 | 0.5 | 0.8 | 10.1% |
| Slovakia | 0.4 | 0.1 | N/A | 0.5 | 7.7% |
| China | 0.4 | 0.5 | 0.4 | 0.2 | -20.6% |
| Spain | 0.4 | 0.4 | 0.9 | N/A | 50.0% |
| Thailand | 5.2 | 2.3 | 0.1 | N/A | -86.1% |
| Others | 1.5 | 0.8 | 0.9 | 1.3 | -4.7% |
| Total | 17.4 | 10.9 | 12.7 | 13.5 | -8.1% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to the UK in 2022:
- Germany (381.1 tons)
- Austria (289.3 tons)
- Netherlands (121.6 tons)
- Switzerland (29.8 tons)
- Slovakia (17.4 tons)
- China (12.2 tons)
- Spain (1.0 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, when their volume increased by 18% to 144 tons. Overall, exports, however, faced a precipitous shrinkage.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver soared to $4.2M in 2022. In general, exports, however, continue to indicate a perceptible slump.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 518 | 287 | 367 | 981 | 23.7% |
| Sweden | 895 | 805 | 175 | 500 | -17.6% |
| Ireland | 275 | 271 | 357 | 465 | 19.1% |
| France | 249 | 1,003 | 312 | 439 | 20.8% |
| Germany | 346 | 231 | 415 | 424 | 7.0% |
| China | 245 | 255 | 112 | 330 | 10.4% |
| Cyprus | N/A | N/A | 275 | 214 | -22.2% |
| United States | 14.6 | 11.0 | 9.9 | 122 | 102.9% |
| Pakistan | 44.0 | N/A | 51.8 | 120 | 39.7% |
| Falkland Islands (Malvinas) | 11.1 | 26.7 | 5.6 | 111 | 115.4% |
| Netherlands | 0.2 | 22.3 | 17.7 | 80.0 | 636.8% |
| Spain | 5.0 | 72.1 | 2.9 | 69.8 | 140.8% |
| Norway | 110 | 22.4 | N/A | 16.7 | -46.7% |
| Others | 2,142 | 1,037 | 345 | 357 | -45.0% |
| Total | 4,854 | 4,043 | 2,446 | 4,230 | -4.5% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from the UK in 2022:
- Japan (22.7 tons)
- Sweden (21.0 tons)
- Ireland (19.4 tons)
- Germany (16.8 tons)
- China (11.9 tons)
- France (8.3 tons)
- Falkland Islands (Malvinas) (6.9 tons)
- Cyprus (6.6 tons)
- Pakistan (6.0 tons)
- United States (5.6 tons)
- Spain (5.5 tons)
- Netherlands (4.2 tons)
- Norway (2.7 tons)
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