Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan - 2024
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan (FOB) - 2023
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan (CIF) - 2022
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan (FOB) - 2023
In January 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 $7,000 per ton, standing approximately at the previous month. In general, the export price saw a mild reduction. As a result, the export price reached the peak level of $8,000 per ton. From July 2022 to January 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From June 2022 to January 2023, the rate of growth in terms of prices for Turkey amounted to -1.9% per month.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan (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 $16,873 per ton in 2022, growing by 108% against the previous year. In general, the import price saw a slight increase. The import price peaked at $80,773 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($17,555 per ton), while the price for France ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-12.9%), while the prices for the other major suppliers experienced a decline.
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan
In 2022, after two years of decline, there was decline in shipments abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume decreased by 0% to 4.8 tons. In general, exports continue to indicate a sharp setback. The smallest decline of 99.9% was in 2020.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) totaled $39K in 2022. Over the period under review, exports showed a significant curtailment. The smallest decline of 99.9% was in 2020.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 745 | N/A | N/A | 38.6 | -62.7% |
| Lithuania | 116 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 229 | N/A | N/A | N/A | 0% |
| Singapore | 114 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,203 | N/A | N/A | 38.6 | -68.2% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Azerbaijan in 2022:
- Turkey (4.8 tons)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan
In 2022, approx. 134 kg of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were imported into Azerbaijan; growing by 43% compared with 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 decreased by -22.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of 172 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) soared to $2.3K in 2022. In general, imports, however, showed a abrupt shrinkage.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,374 | N/A | N/A | 2,247 | 17.8% |
| United Kingdom | 966 | 1,267 | 433 | 7.0 | -80.6% |
| Turkey | 1,008 | 1,222 | 18.0 | 1.0 | -90.0% |
| France | 236 | 190 | 41.0 | 1.0 | -83.8% |
| China | 112 | 95.0 | 8.0 | 1.0 | -79.3% |
| Belgium | 56.0 | 165 | 17.0 | 1.0 | -73.9% |
| Iran | N/A | N/A | 73.0 | N/A | 0% |
| Others | 301 | 534 | 172 | 3.0 | -78.5% |
| Total | 4,053 | 3,473 | 762 | 2,261 | -17.7% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Azerbaijan in 2022:
- United Arab Emirates (128.0 kg)
- Turkey (1.0 kg)
- France (1.0 kg)
- United Kingdom (1.0 kg)
- China (1.0 kg)
- Belgium (1.0 kg)
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