Price for Brass Tubes and Pipes in South Africa - 2023
Contents:
- Price for Brass Tubes and Pipes in South Africa (FOB) - 2022
- Price for Brass Tubes and Pipes in South Africa (CIF) - 2022
- Exports of Brass Tubes and Pipes in South Africa
- Imports of Brass Tubes and Pipes in South Africa
Price for Brass Tubes and Pipes in South Africa (FOB) - 2022
The average brass tubes and pipes export price stood at $9,783 per ton in 2022, remaining relatively unchanged against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +48.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 48%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($12,002 per ton), while the average price for exports to Lesotho ($2,475 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 China (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Brass Tubes and Pipes in South Africa (CIF) - 2022
The average brass tubes and pipes import price stood at $11,377 per ton in 2022, jumping by 45% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $12,150 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($69,630 per ton), while the price for India ($5,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Brass Tubes and Pipes in South Africa
In 2022, approx. 310 tons of tubes and pipes of copper-zinc base alloys (brass) were exported from South Africa; increasing by 19% against the previous year. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, brass tubes and pipes exports soared to $3M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Brass Tubes and Pipes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 402 | 688 | 651 | 1,097 | 39.7% |
| Namibia | 807 | 734 | 1,262 | 930 | 4.8% |
| Zimbabwe | 120 | 161 | 131 | 539 | 65.0% |
| Swaziland | 298 | 218 | 257 | 253 | -5.3% |
| Zambia | 48.8 | 20.3 | 62.9 | 85.9 | 20.7% |
| Lesotho | 76.9 | 33.8 | 49.7 | 29.8 | -27.1% |
| Mozambique | 36.9 | 19.3 | 49.7 | 23.9 | -13.5% |
| Others | 53.6 | 13.2 | 73.2 | 75.9 | 12.3% |
| Total | 1,843 | 1,888 | 2,537 | 3,034 | 18.1% |
Top Export Markets for Brass Tubes and Pipes from South Africa in 2022:
- Botswana (91.4 tons)
- Namibia (84.8 tons)
- Zimbabwe (73.8 tons)
- Swaziland (29.4 tons)
- Lesotho (12.0 tons)
- Zambia (8.8 tons)
- Mozambique (4.5 tons)
Imports of Brass Tubes and Pipes in South Africa
In 2022, approx. 199 tons of tubes and pipes of copper-zinc base alloys (brass) were imported into South Africa; rising by 26% compared with the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 72% against the previous year. As a result, imports reached the peak of 280 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, brass tubes and pipes imports skyrocketed to $2.3M in 2022. Over the period under review, imports enjoyed prominent growth.
| Import of Brass Tubes and Pipes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 452 | 811 | 472 | 789 | 20.4% |
| Germany | 204 | 423 | 61.7 | 699 | 50.8% |
| India | 127 | 261 | 357 | 387 | 45.0% |
| Hong Kong SAR | N/A | 33.5 | 277 | 201 | 144.9% |
| Canada | 36.7 | 41.6 | N/A | 32.3 | -4.2% |
| United Kingdom | 435 | 617 | 16.2 | 22.6 | -62.7% |
| Democratic People's Republic of Korea | 159 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 168 | N/A | N/A | 0% |
| Others | 185 | 41.8 | 60.6 | 131 | -10.9% |
| Total | 1,598 | 2,397 | 1,245 | 2,263 | 12.3% |
Top Suppliers of Brass Tubes and Pipes to South Africa in 2022:
- China (69.0 tons)
- India (67.5 tons)
- Germany (33.6 tons)
- Hong Kong SAR (22.2 tons)
- Canada (3.2 tons)
- United Kingdom (0.3 tons)
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