Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey - 2024

Contents:

  1. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey (FOB) - 2024
  2. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey (CIF) - 2024
  3. Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey
  4. Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey (FOB) - 2024

In January 2024, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $13,501 per ton, declining by -2.5% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 19% against the previous month. The export price peaked at $16,493 per ton in May 2023; however, from June 2023 to January 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($26,950 per ton), while the average price for exports to Libya ($4,252 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey (CIF) - 2024

In January 2024, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $30,082 per ton, reducing by -30.1% against the previous month. In general, the import price, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in December 2023 an increase of 232% month-to-month. As a result, import price reached the peak level of $43,015 per ton, and then shrank rapidly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($78,663 per ton), while the price for Slovakia ($13,605 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver from Turkey dropped to 1K tons in 2022, with a decrease of -11.1% on the year before. In general, exports saw a mild decline. The pace of growth appeared the most rapid in 2021 when exports increased by 41% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then declined in the following year.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver reduced to $14M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of $15M, and then shrank slightly in the following year.

Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia2,6342,1923,7543,1726.4%
Germany2,4862,1663,1463,1398.1%
Spain4234801,2641,61656.3%
United States6216921,8651,11521.5%
Netherlands97424.12761,0713.2%
Romania16537532343638.3%
Israel92.280.514143367.5%
Sweden57.511844842094.0%
Italy22930055836616.9%
Egypt0.60.12.3336724.3%
Iraq17625043228817.8%
Turkmenistan17.164.6572198126.2%
Denmark1,6124131111.5-90.2%
Others1,6071,4191,9771,7723.3%
Total11,0958,57514,87114,3639.0%

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

  1. Slovakia (241.3 tons)
  2. Germany (225.1 tons)
  3. Spain (135.7 tons)
  4. Netherlands (75.0 tons)
  5. United States (66.8 tons)
  6. Israel (35.3 tons)
  7. Egypt (32.0 tons)
  8. Iraq (23.6 tons)
  9. Italy (22.8 tons)
  10. Romania (18.3 tons)
  11. Sweden (17.6 tons)
  12. Turkmenistan (13.0 tons)
  13. Denmark (0.1 tons)

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

In 2022, supplies from abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver was finally on the rise to reach 208 tons after two years of decline. Over the period under review, imports, however, recorded a dramatic decrease.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $3.3M in 2022. In general, imports, however, continue to indicate a dramatic contraction.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19417125491767.8%
Germany6,277916267699-51.9%
Malaysia3772292594576.6%
Italy98.212120428142.0%
IranN/A40.9311238141.2%
Austria73.462.483.614324.9%
Japan5.115.44.682.9153.3%
Thailand61975999.423.9-66.2%
Others850726488482-17.2%
Total8,4923,0401,9723,325-26.8%

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

  1. China (54.8 tons)
  2. Germany (42.7 tons)
  3. Malaysia (40.8 tons)
  4. Iran (32.6 tons)
  5. Austria (9.1 tons)
  6. Japan (8.0 tons)
  7. Italy (5.8 tons)
  8. Thailand (1.3 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)) - Turkey