Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary (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 $4,747 per ton in 2022, dropping by -16.8% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of 40%. As a result, import price attained the peak level of $24,413 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -5.5% per year.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary (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 $15,845 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 84%. Over the period under review, the average export prices attained the maximum at $440,833 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($16,188 per ton), while the average price for exports to Bulgaria ($14,320 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 Slovenia (+16.8%).
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary
In 2022, the amount of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) imported into Hungary skyrocketed to 224 tons, with an increase of 21% compared with the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 32%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $1.1M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 786 | 789 | 1,037 | 1,039 | 9.7% |
| Others | 48.3 | 6.3 | 18.5 | 23.4 | -21.5% |
| Total | 834 | 795 | 1,056 | 1,063 | 8.4% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Hungary in 2022:
- Netherlands (222.7 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary
In 2022, shipments abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -23.4% to 291 kg, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,056%. As a result, the exports reached the peak of 2.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) reduced rapidly to $4.6K in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 2,468%. As a result, the exports attained the peak of $57K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1.1 | 4.4 | 5.9 | 3.6 | 48.5% |
| Bulgaria | N/A | N/A | N/A | 0.7 | 0% |
| Lithuania | N/A | N/A | N/A | 0.1 | 0% |
| Slovenia | 0.7 | 0.8 | 0.1 | N/A | -62.2% |
| Serbia | N/A | 51.2 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Total | 2.2 | 56.5 | 6.1 | 4.6 | 27.9% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Hungary in 2022:
- Czech Republic (224.0 kg)
- Bulgaria (50.0 kg)
- Lithuania (9.0 kg)
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