Price for Brass Tubes and Pipes in Brazil - 2023

Contents:

  1. Price for Brass Tubes and Pipes in Brazil (CIF) - 2022
  2. Price for Brass Tubes and Pipes in Brazil (FOB) - 2023
  3. Imports of Brass Tubes and Pipes in Brazil
  4. Exports of Brass Tubes and Pipes in Brazil

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

The average brass tubes and pipes import price stood at $10,886 per ton in 2022, jumping by 18% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 +77.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($10,385 per ton), while the price for China stood at $10,289 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%).

Price for Brass Tubes and Pipes in Brazil (FOB) - 2023

In October 2023, the average brass tubes and pipes export price amounted to $8,961 per ton, growing by 8.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 13% against the previous month. As a result, the export price reached the peak level of $10,014 per ton. From May 2023 to October 2023, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -0.3% per month.

Imports of Brass Tubes and Pipes in Brazil

In 2022, imports of tubes and pipes of copper-zinc base alloys (brass) into Brazil shrank to 448 tons, waning by -5.6% against the previous year. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. As a result, imports attained the peak of 474 tons, and then reduced in the following year.

In value terms, brass tubes and pipes imports expanded sharply to $4.9M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 140%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Brass Tubes and Pipes in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8219303,8254,35133.7%
India23.651916.811871.0%
Germany161109160108-12.5%
Hong Kong SAR71.08.214713.1-43.1%
Others15325421528422.9%
Total2,2291,8194,3644,87429.8%

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

  1. China (422.9 tons)
  2. India (11.3 tons)
  3. Germany (5.8 tons)
  4. Hong Kong SAR (1.5 tons)

Exports of Brass Tubes and Pipes in Brazil

In 2022, exports of tubes and pipes of copper-zinc base alloys (brass) from Brazil expanded slightly to 428 tons, surging by 3.2% against 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 123% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, brass tubes and pipes exports expanded remarkably to $4M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 115%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Brass Tubes and Pipes in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.51.21.83.693.1%
Argentina0.51.21.80.3-15.7%
Others0.10.1N/A0.10.0%
Total1.22.53.64.049.4%

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

  1. United States (390.1 tons)
  2. Argentina (34.5 tons)

Source: IndexBox Market Intelligence Platform

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