Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil - 2024

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $12,662 per ton, rising by 35% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 67% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($36,665 per ton), while the price for China ($5,264 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $15,914 per ton in 2022, growing by 2.8% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2019 an increase of 46%. The export price peaked at $44,704 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($66,265 per ton), while the average price for exports to Chile ($3,483 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 Angola (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil

In 2022, purchases abroad of tubing; flexible, with or without fittings, of base metals decreased by -92.2% to 2.8K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of 63K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tubing; flexible, with or without fittings, of base metals contracted notably to $36M in 2022. In general, imports showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 62%. As a result, imports reached the peak of $762M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Brazil in 2022:

1. China (926.9 tons)
2. United Kingdom (766.3 tons)
3. Czech Republic (211.4 tons)
4. India (207.4 tons)
5. United States (190.6 tons)
6. Italy (181.4 tons)
7. Mexico (137.0 tons)
8. France (71.6 tons)
9. Denmark (3.5 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Brazil

In 2022, shipments abroad of tubing; flexible, with or without fittings, of base metals decreased by -37.6% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 164% against the previous year. As a result, the exports reached the peak of 1.7K tons, and then contracted significantly in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals fell sharply to $17M in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 220%. As a result, the exports attained the peak of $26M, and then shrank rapidly in the following year.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Brazil in 2022:

1. Nigeria (451.5 tons)
2. United States (252.8 tons)
3. Chile (199.1 tons)
4. Germany (43.5 tons)
5. Paraguay (21.9 tons)
6. Bolivia (20.0 tons)
7. Argentina (17.6 tons)
8. Denmark (3.9 tons)
9. France (1.6 tons)
10. Angola (0.4 tons)

Source: IndexBox Market Intelligence Platform