Price for Brass Tubes and Pipes in Singapore - 2022

Contents:

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

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

The average brass tubes and pipes import price stood at $126K per ton in September 2022, surging by 445% against the previous month. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 461% against the previous month. Over the period under review, average import prices reached the maximum at $133K per ton in April 2022; however, from May 2022 to September 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was South Korea ($535K per ton), while the price for Germany ($66,494 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by South Korea (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average brass tubes and pipes export price amounted to $17,432 per ton, dropping by -7.4% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices hit record highs at $22,746 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($27,734 per ton), while the average price for exports to South Korea ($8,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in Singapore

In 2022, after two years of decline, there was significant growth in overseas purchases of tubes and pipes of copper-zinc base alloys (brass), when their volume increased by 159% to 135 tons. Over the period under review, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, brass tubes and pipes imports soared to $2.6M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Brass Tubes and Pipes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China88.51254481,469155.1%
Canada44.0N/A26.3681149.2%
South Korea35776.9128242-12.2%
Germany20027.419276.1-27.5%
United Kingdom22.712.130.369.945.5%
India85.0N/A62.715.2-43.7%
Malaysia13211.60.1N/A-97.2%
NetherlandsN/A2080.5N/A-99.8%
Others16717610961.3-28.4%
Total1,0966379962,61433.6%

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

  1. Netherlands (undefined tons)
  2. China (55.6 tons)
  3. Canada (49.9 tons)
  4. South Korea (18.5 tons)
  5. Germany (6.7 tons)
  6. India (1.8 tons)
  7. United Kingdom (1.3 tons)

Exports of Brass Tubes and Pipes in Singapore

In 2022, brass tubes and pipes exports from Singapore surged to 58 tons, with an increase of 148% compared with 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, brass tubes and pipes exports soared to $1M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Brass Tubes and Pipes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia24954.425967039.1%
Indonesia190146156134-11.0%
BangladeshN/AN/AN/A1290%
Australia0.20.90.618.1349.0%
South KoreaN/AN/AN/A15.40%
Others15.592.322.341.038.3%
Total4552944381,00830.4%

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

  1. Malaysia (42.3 tons)
  2. Bangladesh (6.3 tons)
  3. Indonesia (4.8 tons)
  4. South Korea (1.7 tons)
  5. Australia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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