Price for Brass Tubes and Pipes in Israel - 2023

Contents:

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

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

In 2022, the average brass tubes and pipes import price amounted to $12,524 per ton, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($12,524 per ton) and Hong Kong SAR ($12,524 per ton), while the price for India ($12,521 per ton) and the United States ($12,523 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average brass tubes and pipes export price stood at $11,041 per ton in 2022, surging by 9.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.5% per year.

Imports of Brass Tubes and Pipes in Israel

In 2022, brass tubes and pipes imports into Israel expanded sharply to 105 tons, with an increase of 11% against the year before. Overall, imports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of 155 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, brass tubes and pipes imports skyrocketed to $1.3M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. As a result, imports attained the peak of $1.3M; afterwards, it flattened through to 2022.

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

1. China (56.7 tons)
2. Italy (20.1 tons)
3. Hong Kong SAR (19.4 tons)
4. United States (3.2 tons)
5. India (1.8 tons)
6. United Kingdom (1.5 tons)
7. Turkey (0.6 tons)

Exports of Brass Tubes and Pipes in Israel

In 2022, after two years of decline, there was significant growth in shipments abroad of tubes and pipes of copper-zinc base alloys (brass), when their volume increased by 60% to 1.9 tons. Over the period under review, exports, however, continue to indicate a deep reduction.

In value terms, brass tubes and pipes exports soared to $21K in 2022. In general, exports, however, continue to indicate a abrupt decrease.

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

1. Brazil (1.9 tons)

Source: IndexBox Market Intelligence Platform