Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria (FOB) - 2023
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria (CIF) - 2022
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria (FOB) - 2023
In December 2023, the average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $38,328 per ton, surging by 133% against the previous month. In general, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Germany ($55,175 per ton), while the average price for exports to Portugal ($16,130 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria (CIF) - 2022
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 $15,945 per ton in 2022, with a decrease of -13.4% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 73%. Over the period under review, average import prices reached the maximum at $18,648 per ton in 2012; however, from 2013 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 Switzerland ($44,497 per ton), while the price for Portugal ($12,690 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria
For the fourth year in a row, Austria recorded growth in overseas shipments of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), which increased by 1.5% to 3K tons in 2022. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) reached $45M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.9 | 21.7 | 26.7 | 28.3 | 18.7% |
| Portugal | 2.6 | 2.1 | 2.5 | 4.2 | 17.3% |
| United States | 0.8 | 0.4 | 1.5 | 3.4 | 62.0% |
| Poland | 2.1 | 1.9 | 1.6 | 2.6 | 7.4% |
| Italy | 1.4 | 1.8 | 1.8 | 1.5 | 2.3% |
| Sweden | 0.7 | 0.5 | 1.0 | 1.2 | 19.7% |
| Romania | 0.1 | 0.6 | 0.9 | 1.0 | 115.4% |
| Netherlands | 0.7 | 0.5 | 0.8 | 0.9 | 8.7% |
| United Kingdom | 1.2 | 0.8 | 0.7 | 0.7 | -16.4% |
| France | 0.8 | 1.0 | 3.2 | 0.1 | -50.0% |
| Others | 1.0 | 0.6 | 0.8 | 1.5 | 14.5% |
| Total | 28.2 | 31.8 | 41.5 | 45.5 | 17.3% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Austria in 2022:
- Germany (1849.8 tons)
- Portugal (293.8 tons)
- United States (207.5 tons)
- Poland (182.2 tons)
- Romania (119.2 tons)
- Italy (94.8 tons)
- Sweden (77.8 tons)
- Netherlands (63.9 tons)
- United Kingdom (46.2 tons)
- France (6.3 tons)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria
In 2022, purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -65.6% to 17 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic descent. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank markedly to $272K in 2022. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of $914K, and then fell sharply in the following year.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 122 | 351 | 720 | 104 | -5.2% |
| Portugal | 60.7 | 6.1 | 91.1 | 87.5 | 13.0% |
| Italy | 14.7 | N/A | 21.5 | 25.4 | 20.0% |
| Denmark | 57.0 | 22.0 | 18.5 | 21.3 | -28.0% |
| Switzerland | 12.9 | N/A | 26.8 | 16.4 | 8.3% |
| Turkey | N/A | N/A | N/A | 10.0 | 0% |
| Poland | N/A | 16.8 | 0.7 | 5.2 | -44.4% |
| United Kingdom | 43.5 | 16.5 | 0.1 | 0.1 | -86.8% |
| Spain | 14.0 | 1.6 | 12.2 | N/A | -6.6% |
| Romania | N/A | 148 | N/A | N/A | 0% |
| Others | 37.4 | 2.7 | 23.3 | 2.8 | -57.9% |
| Total | 362 | 565 | 914 | 272 | -9.1% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Austria in 2022:
- Germany (7.1 tons)
- Portugal (6.9 tons)
- Italy (1.0 tons)
- Denmark (1.0 tons)
- Switzerland (0.4 tons)
- Turkey (0.3 tons)
- Poland (0.3 tons)
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