Price for Brass Tubes and Pipes in New Zealand - 2023
Contents:
- Price for Brass Tubes and Pipes in New Zealand (CIF) - 2022
- Price for Brass Tubes and Pipes in New Zealand (FOB) - 2022
- Imports of Brass Tubes and Pipes in New Zealand
- Exports of Brass Tubes and Pipes in New Zealand
Price for Brass Tubes and Pipes in New Zealand (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $14,560 per ton, picking up by 29% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +104.2% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 58%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($17,840 per ton), while the price for China ($11,068 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Brass Tubes and Pipes in New Zealand (FOB) - 2022
The average brass tubes and pipes export price stood at $10,720 per ton in 2022, growing by 32% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 export price increased by +71.0% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15,547 per ton), while the average price for exports to Australia amounted to $10,448 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Brass Tubes and Pipes in New Zealand
After three years of growth, supplies from abroad of tubes and pipes of copper-zinc base alloys (brass) decreased by -55.8% to 130 tons in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of 294 tons, and then declined rapidly in the following year.
In value terms, brass tubes and pipes imports dropped dramatically to $1.9M in 2022. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year. As a result, imports attained the peak of $3.3M, and then reduced dramatically in the following year.
| Import of Brass Tubes and Pipes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 355 | 13.0 | 65.2 | 949 | 38.8% |
| China | 548 | 1,264 | 2,879 | 622 | 4.3% |
| United Kingdom | 72.1 | 40.3 | 75.3 | 147 | 26.8% |
| Canada | 161 | 155 | 176 | 81.0 | -20.5% |
| India | 17.2 | 1.9 | 26.1 | 43.2 | 35.9% |
| Australia | 213 | 47.0 | 64.0 | 30.5 | -47.7% |
| Others | 194 | 9.3 | 25.4 | 20.0 | -53.1% |
| Total | 1,561 | 1,530 | 3,311 | 1,892 | 6.6% |
Top Suppliers of Brass Tubes and Pipes to New Zealand in 2022:
- China (56.2 tons)
- United States (53.2 tons)
- United Kingdom (9.0 tons)
- Canada (4.8 tons)
- India (3.5 tons)
- Australia (1.9 tons)
Exports of Brass Tubes and Pipes in New Zealand
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) exported from New Zealand dropped rapidly to 45 tons, declining by -67.3% compared with the previous year's figure. Over the period under review, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year.
In value terms, brass tubes and pipes exports contracted notably to $487K in 2022. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 65%.
| Export of Brass Tubes and Pipes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 779 | 670 | 754 | 449 | -16.8% |
| United States | 2,180 | 14.6 | 22.2 | 37.6 | -74.2% |
| Saudi Arabia | N/A | N/A | 309 | N/A | 0% |
| Others | N/A | 1.1 | 46.1 | N/A | 4090.9% |
| Total | 2,958 | 685 | 1,131 | 487 | -45.2% |
Top Export Markets for Brass Tubes and Pipes from New Zealand in 2022:
- Australia (43.0 tons)
- United States (2.4 tons)
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