Price for Brass Tubes and Pipes in Thailand - 2023
Contents:
- Price for Brass Tubes and Pipes in Thailand (CIF) - 2023
- Price for Brass Tubes and Pipes in Thailand (FOB) - 2023
- Imports of Brass Tubes and Pipes in Thailand
- Exports of Brass Tubes and Pipes in Thailand
Price for Brass Tubes and Pipes in Thailand (CIF) - 2023
The average brass tubes and pipes import price stood at $10,202 per ton in September 2023, with a decrease of -4.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 47% month-to-month. The import price peaked at $14,749 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($29,876 per ton), while the price for China ($9,478 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Brass Tubes and Pipes in Thailand (FOB) - 2023
In September 2023, the average brass tubes and pipes export price amounted to $15,615 per ton, surging by 8.1% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices hit record highs at $17,311 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was the United States ($14,698 per ton), while the average price for exports to South Korea stood at $14,070 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Brass Tubes and Pipes in Thailand
In 2022, brass tubes and pipes imports into Thailand surged to 1.4K tons, increasing by 46% against the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% 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 increased by +74.6% against 2019 indices. 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 surged to $15M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Brass Tubes and Pipes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 5.0 | 6.1 | 8.6 | 23.2% |
| Japan | 0.9 | 0.7 | 0.8 | 4.0 | 64.4% |
| Canada | 0.1 | 0.2 | 0.8 | 0.8 | 100.0% |
| Italy | 0.2 | 0.6 | 0.7 | 0.4 | 26.0% |
| South Korea | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
| Others | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Total | 6.3 | 6.9 | 9.1 | 14.7 | 32.6% |
Top Suppliers of Brass Tubes and Pipes to Thailand in 2022:
- China (810.6 tons)
- Japan (414.9 tons)
- Canada (57.7 tons)
- South Korea (32.5 tons)
- Italy (15.5 tons)
Exports of Brass Tubes and Pipes in Thailand
In 2022, overseas shipments of tubes and pipes of copper-zinc base alloys (brass) decreased by -21.3% to 337 tons, falling for the second year in a row after two years of growth. In general, exports saw a sharp contraction. The pace of growth was the most pronounced in 2020 when exports increased by 116%. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, brass tubes and pipes exports expanded slightly to $5.2M in 2022. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, the exports attained the peak of $9M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Brass Tubes and Pipes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.6 | 2.5 | 3.6 | 4.0 | 35.7% |
| Saudi Arabia | 0.4 | 0.1 | 0.1 | 0.4 | 0.0% |
| United States | N/A | N/A | N/A | 0.4 | 0% |
| China | 2.3 | 6.2 | 1.0 | N/A | -34.1% |
| Others | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Total | 4.4 | 9.0 | 5.1 | 5.2 | 5.7% |
Top Export Markets for Brass Tubes and Pipes from Thailand in 2022:
- South Korea (285.7 tons)
- United States (27.5 tons)
- Saudi Arabia (20.4 tons)
- China (0.1 tons)
645
This report provides an in-depth analysis of the market for copper tube and pipe in Thailand.
596
This report provides an in-depth analysis of the market for copper pipe and fitting in Thailand.
649
This report provides an in-depth analysis of the global market for copper tube and pipe.
584
This report provides an in-depth analysis of the global market for copper pipe and fitting.
645
This report provides an in-depth analysis of the market for copper tube and pipe in Thailand.
596
This report provides an in-depth analysis of the market for copper pipe and fitting in Thailand.
649
This report provides an in-depth analysis of the global market for copper tube and pipe.
584
This report provides an in-depth analysis of the global market for copper pipe and fitting.
880
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
885
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
952
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5008
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
276
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
880
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
885
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
952
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
5008
In value terms, copper tube and pipe fittings exports stood at $X in 2016. In general, copper tube and pipe fittings exports continue to indicate a relatively flat trend pattern. Over the period un...
276
Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
