Price for Brass Tubes and Pipes in the UK - 2023
Contents:
- Price for Brass Tubes and Pipes in the UK (CIF) - 2023
- Price for Brass Tubes and Pipes in the UK (FOB) - 2022
- Imports of Brass Tubes and Pipes in the UK
- Exports of Brass Tubes and Pipes in the UK
Price for Brass Tubes and Pipes in the UK (CIF) - 2023
In August 2023, the average brass tubes and pipes import price amounted to $10,017 per ton, which is down by -8.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 12% against the previous month. The import price peaked at $11,758 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($17,039 per ton), while the price for France ($5,489 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 Italy (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Brass Tubes and Pipes in the UK (FOB) - 2022
The average brass tubes and pipes export price stood at $15,941 per ton in 2022, falling by -14.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. The export price peaked at $20,320 per ton in 2015; however, from 2016 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 the United States ($50,905 per ton), while the average price for exports to Sweden ($6,835 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 Hungary (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Brass Tubes and Pipes in the UK
In 2022, brass tubes and pipes imports into the UK soared to 2.8K tons, jumping by 87% compared with the previous year's figure. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, brass tubes and pipes imports skyrocketed to $29M in 2022. In general, imports posted 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 3.7 | 4.4 | 15.3 | 29.2% |
| Canada | 3.4 | 2.6 | 3.6 | 4.7 | 11.4% |
| Italy | 0.3 | 0.3 | 0.9 | 4.3 | 142.9% |
| Poland | 0.5 | 0.4 | 0.1 | 1.5 | 44.2% |
| China | 0.5 | 1.0 | 0.4 | 0.7 | 11.9% |
| France | 0.5 | 0.2 | 1.4 | 0.4 | -7.2% |
| Netherlands | 0.4 | 0.2 | 0.7 | N/A | 32.3% |
| Others | 2.9 | 2.9 | 2.6 | 1.8 | -14.7% |
| Total | 15.6 | 11.2 | 14.2 | 28.9 | 22.8% |
Top Suppliers of Brass Tubes and Pipes to the UK in 2022:
- Germany (1687.8 tons)
- Canada (385.1 tons)
- Italy (379.0 tons)
- Poland (165.9 tons)
- France (120.7 tons)
- China (47.0 tons)
- Netherlands (3.8 tons)
Exports of Brass Tubes and Pipes in the UK
In 2022, exports of tubes and pipes of copper-zinc base alloys (brass) from the UK surged to 521 tons, jumping by 48% against 2021. In general, exports saw a relatively flat trend pattern. 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 $8.3M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 +56.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Brass Tubes and Pipes in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 214 | 106 | 101 | 1,063 | 70.6% |
| United States | 1,595 | 1,101 | 1,151 | 857 | -18.7% |
| Ireland | 512 | 499 | 812 | 799 | 16.0% |
| Australia | 357 | 351 | 349 | 777 | 29.6% |
| Jordan | 446 | 446 | 417 | 540 | 6.6% |
| Germany | 139 | 121 | 338 | 436 | 46.4% |
| Trinidad and Tobago | 135 | 151 | 165 | 409 | 44.7% |
| Sweden | 57.1 | 37.1 | 107 | 381 | 88.3% |
| United Arab Emirates | 325 | 307 | 222 | 369 | 4.3% |
| France | 389 | 342 | 438 | 324 | -5.9% |
| Hungary | 1.2 | N/A | 81.2 | 224 | 471.5% |
| New Zealand | 147 | 95.1 | 125 | 191 | 9.1% |
| Kenya | 30.4 | 46.9 | 86.5 | 118 | 57.2% |
| Others | 2,743 | 1,705 | 2,197 | 1,824 | -12.7% |
| Total | 7,093 | 5,307 | 6,591 | 8,311 | 5.4% |
Top Export Markets for Brass Tubes and Pipes from the UK in 2022:
- Turkey (86.7 tons)
- Australia (72.8 tons)
- Sweden (55.7 tons)
- Ireland (51.5 tons)
- Jordan (38.7 tons)
- Trinidad and Tobago (24.4 tons)
- United Arab Emirates (24.3 tons)
- Germany (17.3 tons)
- France (16.9 tons)
- United States (16.8 tons)
- Kenya (14.1 tons)
- Hungary (12.9 tons)
- New Zealand (12.4 tons)
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