Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain (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 $16,144 per ton in 2022, reducing by -7.1% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by +65.2% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. As a result, import price reached the peak level of $17,380 per ton, and then fell in the following year.
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 UK ($75,800 per ton), while the price for Japan ($7,326 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.5%), 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 Bahrain (FOB) - 2022
In 2022, 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 $5,474 per ton, growing by 2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 70%. As a result, the export price attained the peak level of $12,486 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($6,109 per ton), while the average price for exports to Saudi Arabia totaled $608 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+2.8%).
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain
In 2022, supplies from abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -70.6% to 2 tons, falling for the second year in a row after two years of growth. In general, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 233% against the previous year. As a result, imports reached the peak of 7.4 tons. 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) declined notably to $32K in 2022. Overall, imports showed a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of 207% against the previous year.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.6 | 23.0 | 23.6 | 8.6 | -12.0% |
| China | 2.1 | 7.0 | 18.2 | 7.5 | 52.9% |
| India | 2.3 | 54.7 | 58.5 | 5.0 | 29.5% |
| United States | 3.5 | 4.1 | 6.0 | 4.0 | 4.6% |
| Japan | 3.6 | 1.5 | 0.9 | 3.1 | -4.9% |
| United Arab Emirates | 1.3 | 0.5 | 2.1 | 1.4 | 2.5% |
| France | 2.5 | 1.7 | 2.3 | 1.4 | -17.6% |
| United Kingdom | 4.7 | 1.5 | 3.5 | 0.4 | -56.0% |
| Lebanon | N/A | 7.1 | N/A | N/A | 0% |
| Others | 0.6 | 0.5 | 0.5 | 0.3 | -20.6% |
| Total | 33.1 | 102 | 116 | 31.6 | -1.5% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Bahrain in 2022:
- China (671.0 kg)
- Germany (464.0 kg)
- Japan (423.0 kg)
- India (223.0 kg)
- United States (61.0 kg)
- United Arab Emirates (51.0 kg)
- France (40.0 kg)
- United Kingdom (5.0 kg)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain
For the fourth consecutive year, Bahrain 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 8.6% to 2.3 tons in 2022. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the exports of hit record highs 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) expanded sharply to $12K in 2022. The total export value increased at an average annual rate of +10.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 8.4 | 9.7 | 11.1 | 12.2 | 13.2% |
| Saudi Arabia | 0.4 | 0.4 | N/A | 0.2 | -20.6% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 9.1 | 10.1 | 11.2 | 12.4 | 10.9% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Bahrain in 2022:
- Jordan (2000.0 kg)
- Saudi Arabia (263.0 kg)
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