Price for Brass Tubes and Pipes in Australia - 2023

Contents:

  1. Price for Brass Tubes and Pipes in Australia (CIF) - 2022
  2. Price for Brass Tubes and Pipes in Australia (FOB) - 2022
  3. Imports of Brass Tubes and Pipes in Australia
  4. Exports of Brass Tubes and Pipes in Australia

Price for Brass Tubes and Pipes in Australia (CIF) - 2022

In 2022, the average brass tubes and pipes import price amounted to $12,955 per ton, increasing by 4% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brass tubes and pipes import price increased by +79.6% against 2013 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the maximum 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 the United States ($28,515 per ton), while the price for Poland ($9,389 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Brass Tubes and Pipes in Australia (FOB) - 2022

In 2022, the average brass tubes and pipes export price amounted to $24,737 per ton, surging by 4.8% against the previous year. Overall, the export price posted a tangible expansion. The growth pace was the most rapid in 2021 when the average export price increased by 134% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($212,262 per ton), while the average price for exports to Thailand ($9,253 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 South Korea (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in Australia

Brass tubes and pipes imports into Australia contracted to 496 tons in 2022, which is down by -11.3% compared with 2021. The total import volume increased at an average annual rate of +1.3% over the period 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 39%. As a result, imports reached the peak of 559 tons, and then contracted in the following year.

In value terms, brass tubes and pipes imports fell to $6.4M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports reached the peak of $7M, and then reduced in the following year.

Import of Brass Tubes and Pipes in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2,0652,1034,3902,6048.0%
China1,2517066511,2951.2%
United Kingdom45914211489725.0%
India78.911313248583.2%
Germany3075394223978.9%
Poland74.484.635528857.0%
South Korea65.812343822550.7%
Others549362460231-25.1%
Total4,8514,1746,9626,4239.8%

Top Suppliers of Brass Tubes and Pipes to Australia in 2022:

  1. Canada (185.4 tons)
  2. China (116.7 tons)
  3. United Kingdom (67.2 tons)
  4. Germany (38.7 tons)
  5. Poland (30.7 tons)
  6. India (30.7 tons)
  7. South Korea (16.8 tons)

Exports of Brass Tubes and Pipes in Australia

In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) exported from Australia rose notably to 4.2 tons, increasing by 6.4% on the year before. In general, exports, however, showed a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, brass tubes and pipes exports expanded markedly to $105K in 2022. Overall, exports, however, saw a sharp decline.

Export of Brass Tubes and Pipes in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand40.67.97.837.3-2.8%
United States3.5N/A2.328.0100.0%
India75.85.36.018.8-37.2%
Papua New Guinea6.218.310.07.56.6%
NetherlandsN/AN/AN/A3.90%
ThailandN/AN/AN/A0.70%
GermanyN/AN/A6.5N/A0%
China10.148.2N/AN/A377.2%
Austria22.2N/AN/AN/A0%
Slovenia46.713.07.2N/A-60.7%
IndonesiaN/A7.58.9N/A18.7%
Saudi ArabiaN/A8.8N/AN/A0%
Others32.120.645.68.9-34.8%
Total23713094.2105-23.8%

Top Export Markets for Brass Tubes and Pipes from Australia in 2022:

  1. New Zealand (2708.0 kg)
  2. India (504.0 kg)
  3. United States (401.0 kg)
  4. Papua New Guinea (398.0 kg)
  5. Netherlands (120.0 kg)
  6. Thailand (75.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-zinc base alloys (brass) - Australia