Price for Brass Tubes and Pipes in Italy - 2023
Contents:
- Price for Brass Tubes and Pipes in Italy (CIF) - 2023
- Price for Brass Tubes and Pipes in Italy (FOB) - 2023
- Imports of Brass Tubes and Pipes in Italy
- Exports of Brass Tubes and Pipes in Italy
Price for Brass Tubes and Pipes in Italy (CIF) - 2023
In August 2023, the average brass tubes and pipes import price amounted to $8,920 per ton, increasing by 2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 6.6% m-o-m. The import price peaked at $9,220 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($17,335 per ton), while the price for China ($8,239 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Brass Tubes and Pipes in Italy (FOB) - 2023
The average brass tubes and pipes export price stood at $10,840 per ton in August 2023, increasing by 5.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in March 2023 an increase of 6% m-o-m. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($31,285 per ton), while the average price for exports to Austria ($7,655 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Brass Tubes and Pipes in Italy
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) imported into Italy declined rapidly to 8.6K tons, which is down by -15.4% against the previous year. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 6.5%.
In value terms, brass tubes and pipes imports reduced to $70M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $78M, and then fell in the following year.
| Import of Brass Tubes and Pipes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.0 | 28.3 | 40.2 | 32.8 | 1.9% |
| France | 6.1 | 7.4 | 10.3 | 14.4 | 33.2% |
| Greece | 13.6 | 7.9 | 8.8 | 9.2 | -12.2% |
| China | 3.6 | 3.0 | 5.0 | 5.3 | 13.8% |
| Turkey | 2.3 | 6.3 | 7.5 | 2.8 | 6.8% |
| Poland | 1.1 | 1.2 | 2.2 | 2.4 | 29.7% |
| Others | 5.8 | 3.1 | 4.1 | 3.0 | -19.7% |
| Total | 63.6 | 57.2 | 78.0 | 70.0 | 3.2% |
Top Suppliers of Brass Tubes and Pipes to Italy in 2022:
- Germany (4.5K tons)
- France (1.8K tons)
- Greece (1.0K tons)
- China (0.4K tons)
- Turkey (0.3K tons)
- Poland (0.3K tons)
Exports of Brass Tubes and Pipes in Italy
In 2022, brass tubes and pipes exports from Italy totaled 7.8K tons, surging by 5.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.7% over the period 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 2021 when exports increased by 39% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, brass tubes and pipes exports rose remarkably to $75M in 2022. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Brass Tubes and Pipes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.2 | 7.4 | 18.2 | 24.5 | 44.0% |
| France | 9.8 | 8.3 | 14.6 | 12.9 | 9.6% |
| Poland | 4.3 | 3.6 | 4.8 | 6.5 | 14.8% |
| Austria | 1.3 | 0.8 | 3.5 | 5.6 | 62.7% |
| United Kingdom | 3.1 | 2.6 | 4.5 | 4.7 | 14.9% |
| Portugal | 3.2 | 2.7 | 4.6 | 4.5 | 12.0% |
| Spain | 3.4 | 2.1 | 2.9 | 2.4 | -11.0% |
| Slovakia | 1.3 | 1.5 | 1.9 | 2.2 | 19.2% |
| Czech Republic | 1.5 | 1.7 | 2.7 | 1.9 | 8.2% |
| Romania | 0.8 | 1.2 | 1.6 | 1.4 | 20.5% |
| Greece | 0.9 | 0.8 | 1.1 | 1.2 | 10.1% |
| Sweden | 0.1 | 0.2 | 0.4 | 1.2 | 128.9% |
| Netherlands | 2.6 | 0.6 | 0.3 | 0.3 | -51.3% |
| Others | 4.6 | 4.5 | 6.1 | 5.5 | 6.1% |
| Total | 45.2 | 37.9 | 67.1 | 75.0 | 18.4% |
Top Export Markets for Brass Tubes and Pipes from Italy in 2022:
- Germany (2916.4 tons)
- France (1121.3 tons)
- Austria (706.4 tons)
- Poland (606.3 tons)
- Portugal (487.2 tons)
- United Kingdom (375.0 tons)
- Czech Republic (240.6 tons)
- Spain (227.5 tons)
- Slovakia (219.5 tons)
- Romania (152.1 tons)
- Sweden (133.2 tons)
- Greece (129.8 tons)
- Netherlands (34.2 tons)
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The price of Copper Pipe And Fitting in June 2023 was $17,498 per ton (FOB, Italy), showing a 2.5% increase compared to the previous month.
880
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
884
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