Price for Brass Tubes and Pipes in the United Arab Emirates - 2021

Contents:

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

Price for Brass Tubes and Pipes in the United Arab Emirates (CIF) - 2022

The average brass tubes and pipes import price stood at $9,022 per ton in 2022, falling by -4.1% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 import price increased by +28.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $10,518 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($18,545 per ton), while the price for China ($5,820 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Brass Tubes and Pipes in the United Arab Emirates (FOB) - 2022

The average brass tubes and pipes export price stood at $11,332 per ton in 2022, growing by 12% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 +25.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 46%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($95,420 per ton), while the average price for exports to Turkmenistan ($7,589 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 Qatar (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in the United Arab Emirates

In 2022, overseas purchases of tubes and pipes of copper-zinc base alloys (brass) were finally on the rise to reach 262 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt decline.

In value terms, brass tubes and pipes imports rose significantly to $2.4M in 2022. Over the period under review, imports, however, saw a abrupt decline.

Import of Brass Tubes and Pipes in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3214278621,19254.9%
China863206147575-12.7%
United Kingdom535240286363-12.1%
Germany43310485.2128-33.4%
Canada58.331.318.871.06.8%
South Korea1681071873.9-71.5%
Azerbaijan322N/AN/AN/A0%
IranN/A1,1080.4N/A-100.0%
Others1,08412152134.2-68.4%
Total3,7842,3452,1082,368-14.5%

Top Suppliers of Brass Tubes and Pipes to the United Arab Emirates in 2022:

  1. India (124.0 tons)
  2. China (98.9 tons)
  3. United Kingdom (25.4 tons)
  4. Germany (8.8 tons)
  5. Canada (4.3 tons)
  6. South Korea (0.2 tons)

Exports of Brass Tubes and Pipes in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas shipments of tubes and pipes of copper-zinc base alloys (brass), when their volume increased by 1,121% to 175 tons. In general, exports posted 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 skyrocketed to $2M in 2022. Overall, exports continue to indicate a significant expansion. 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 United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A1,3010%
TurkmenistanN/AN/AN/A3310%
IraqN/AN/AN/A1160%
Oman67.240.725.026.2-26.9%
India94.00.5N/A24.3-36.3%
Iran19724673.01.4-80.8%
Tanzania6.06.60.9N/A-61.3%
Others27.011.846.518288.9%
Total3913051451,98171.8%

Top Export Markets for Brass Tubes and Pipes from the United Arab Emirates in 2022:

  1. China (112.6 tons)
  2. Turkmenistan (43.6 tons)
  3. Iraq (10.3 tons)
  4. Oman (2.0 tons)
  5. India (0.3 tons)
  6. Iran (0.2 tons)

Source: IndexBox Market Intelligence Platform

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