Price for Brass Tubes and Pipes in Pakistan - 2023
Contents:
- Price for Brass Tubes and Pipes in Pakistan (CIF) - 2022
- Price for Brass Tubes and Pipes in Pakistan (FOB) - 2022
- Imports of Brass Tubes and Pipes in Pakistan
- Exports of Brass Tubes and Pipes in Pakistan
Price for Brass Tubes and Pipes in Pakistan (CIF) - 2022
The average brass tubes and pipes import price stood at $8,700 per ton in 2022, shrinking by -11.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 15%. The import price peaked at $10,786 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Germany ($12,231 per ton), while the price for China ($6,454 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Brass Tubes and Pipes in Pakistan (FOB) - 2022
The average brass tubes and pipes export price stood at $20,725 per ton in 2022, picking up by 168% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Kuwait.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +38.4% per year.
Imports of Brass Tubes and Pipes in Pakistan
In 2022, imports of tubes and pipes of copper-zinc base alloys (brass) into Pakistan skyrocketed to 21 tons, with an increase of 43% on 2021 figures. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 177%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, brass tubes and pipes imports surged to $180K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 212%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Brass Tubes and Pipes in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.5 | 1.7 | 7.6 | 71.7 | 423.4% |
| China | 13.6 | 3.9 | 33.6 | 49.5 | 53.8% |
| South Korea | 1.8 | 1.2 | 2.8 | 48.7 | 200.2% |
| Germany | 3.1 | 1.1 | 26.7 | 10.1 | 48.2% |
| Netherlands | 22.8 | 23.4 | 31.2 | N/A | 17.0% |
| Canada | 8.4 | 2.0 | 9.8 | N/A | 8.0% |
| Others | 14.2 | 12.7 | 31.3 | N/A | 48.5% |
| Total | 64.4 | 45.9 | 143 | 180 | 40.9% |
Top Suppliers of Brass Tubes and Pipes to Pakistan in 2022:
- China (7.7 tons)
- Taiwan (Chinese) (6.9 tons)
- South Korea (5.2 tons)
- Germany (0.8 tons)
Exports of Brass Tubes and Pipes in Pakistan
In 2022, overseas shipments of tubes and pipes of copper-zinc base alloys (brass) decreased by -89% to 40 kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 62% against the previous year. As a result, the exports reached the peak of 581 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, brass tubes and pipes exports contracted rapidly to $829 in 2022. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 92%. As a result, the exports attained the peak of $4.8K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Brass Tubes and Pipes in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 148 | 177 | 79.0 | 829 | 77.6% |
| Saudi Arabia | 681 | 996 | 468 | N/A | -17.1% |
| United Arab Emirates | 569 | 898 | 532 | N/A | -3.3% |
| Others | 1,100 | 2,720 | 1,731 | N/A | 25.4% |
| Total | 2,498 | 4,791 | 2,810 | 829 | -30.8% |
Top Export Markets for Brass Tubes and Pipes from Pakistan in 2022:
- Kuwait (40.0 kg)
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