Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia - 2024
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia (CIF) - 2024
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia (CIF) - 2024
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $19,594 per ton in January 2024, picking up by 42% against the previous month. Over the period under review, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 283% m-o-m. As a result, import price reached the peak level of $76,748 per ton. From May 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($34,571 per ton), while the price for South Korea ($16,070 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia (FOB) - 2022
The average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $67,704 per ton in 2022, surging by 50% against the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 131%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($104,089 per ton), while the average price for exports to New Zealand ($7,711 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 Singapore (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia
In 2022, supplies from abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) was finally on the rise to reach 124 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep slump.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) expanded rapidly to $2.5M in 2022. Over the period under review, imports, however, showed a slight curtailment.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 905 | 676 | 644 | 750 | -6.1% |
| Germany | 634 | 485 | 535 | 650 | 0.8% |
| United States | 119 | 278 | 228 | 572 | 68.8% |
| South Korea | 697 | 260 | 578 | 235 | -30.4% |
| India | 14.8 | N/A | N/A | 90.0 | 82.5% |
| France | 34.4 | 44.0 | 6.7 | 71.5 | 27.6% |
| United Kingdom | 132 | 44.0 | 82.6 | 46.5 | -29.4% |
| Italy | 18.6 | 65.3 | 48.1 | 33.9 | 22.2% |
| Others | 11.6 | 31.3 | 29.4 | 16.2 | 11.8% |
| Total | 2,566 | 1,883 | 2,152 | 2,466 | -1.3% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Australia in 2022:
- China (42.2 tons)
- Germany (39.3 tons)
- United States (16.5 tons)
- South Korea (13.0 tons)
- India (4.6 tons)
- France (3.8 tons)
- United Kingdom (1.7 tons)
- Italy (1.6 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia
In 2022, after three years of growth, there was significant decline in overseas shipments of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume decreased by -72.3% to 1.3 tons. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 935%.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) dropped rapidly to $88K in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,005% against the previous year.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 189 | 65.9 | -65.1% |
| Germany | N/A | N/A | N/A | 20.0 | 0% |
| New Zealand | N/A | 2.3 | 2.0 | 2.2 | -2.2% |
| Papua New Guinea | 2.1 | 5.0 | 19.0 | N/A | 200.8% |
| Poland | 3.5 | N/A | N/A | N/A | 0% |
| Singapore | 2.1 | 69.0 | N/A | N/A | 3185.7% |
| Saudi Arabia | N/A | 8.8 | N/A | N/A | 0% |
| Others | N/A | N/A | 1.8 | 0.3 | -83.3% |
| Total | 7.7 | 85.2 | 212 | 88.4 | 125.6% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Australia in 2022:
- South Korea (826.0 kg)
- New Zealand (287.0 kg)
- Germany (192.0 kg)
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