Price for Brass Tubes and Pipes in Spain - 2023

Contents:

  1. Price for Brass Tubes and Pipes in Spain (CIF) - 2023
  2. Price for Brass Tubes and Pipes in Spain (FOB) - 2022
  3. Imports of Brass Tubes and Pipes in Spain
  4. Exports of Brass Tubes and Pipes in Spain

Price for Brass Tubes and Pipes in Spain (CIF) - 2023

The average brass tubes and pipes import price stood at $15,297 per ton in August 2023, jumping by 84% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $16,853 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat 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 China ($19,803 per ton), while the price for Italy ($11,061 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 Germany (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average brass tubes and pipes export price amounted to $13,056 per ton, falling by -14.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. The export price peaked at $27,868 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Poland ($35,940 per ton), while the average price for exports to Belgium ($8,258 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 Morocco (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in Spain

In 2022, purchases abroad of tubes and pipes of copper-zinc base alloys (brass) decreased by -27.3% to 587 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 9.6% against the previous year.

In value terms, brass tubes and pipes imports expanded markedly to $5.2M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Brass Tubes and Pipes in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,1576681,2412,10522.1%
China1,206487509947-7.7%
Germany1,113886612710-13.9%
Vietnam2371,11370262738.3%
Serbia10863.914234547.3%
France58.41361,24112528.9%
Others353434452326-2.6%
Total4,2333,7874,8995,1857.0%

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

  1. Germany (222.6 tons)
  2. Italy (202.8 tons)
  3. Vietnam (50.2 tons)
  4. China (47.1 tons)
  5. Serbia (26.2 tons)
  6. France (15.2 tons)

Exports of Brass Tubes and Pipes in Spain

In 2022, overseas shipments of tubes and pipes of copper-zinc base alloys (brass) increased by 84% to 71 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $933K in 2022. Over the period under review, exports, however, showed a pronounced curtailment.

Export of Brass Tubes and Pipes in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium18.06.20.2268146.0%
United Kingdom41119521.1238-16.6%
Poland4.23.67.6109196.1%
Mexico59.51.420.462.01.4%
Morocco37.352.876.049.710.0%
Portugal20.118.831.039.525.3%
France42.611.648.520.6-21.5%
Dominican Republic20113164.74.2-72.5%
Slovakia19.736.012.02.9-47.2%
Cuba21.31969.30.2-78.9%
Others168160300139-6.1%
Total1,002812591933-2.4%

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

  1. Cuba (undefined tons)
  2. Belgium (32.4 tons)
  3. United Kingdom (15.3 tons)
  4. Mexico (5.4 tons)
  5. Morocco (5.1 tons)
  6. Poland (3.0 tons)
  7. Portugal (2.6 tons)
  8. France (1.0 tons)
  9. Slovakia (0.2 tons)
  10. Dominican Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

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