Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia (CIF) - 2022
In 2022, the average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $17,149 per ton, growing by 3.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. Over the period under review, average import prices hit record highs at $19,275 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($26,744 per ton), while the price for Brazil ($6,594 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.6%), 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 Indonesia (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 $2,721 per ton, waning by -14.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $4,134 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,892 per ton), while the average price for exports to Germany ($250 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 Timor-Leste (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia
After two years of decline, supplies from abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by 5.8% to 75 tons in 2022. In general, imports, however, saw a significant curtailment.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) rose notably to $1.3M in 2022. Overall, imports, however, showed a abrupt curtailment.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 584 | 472 | 231 | 478 | -6.5% |
| China | 172 | 127 | 140 | 373 | 29.4% |
| Japan | 302 | 420 | 352 | 177 | -16.3% |
| Germany | 246 | 221 | 179 | 81.0 | -30.9% |
| Brazil | 204 | 38.5 | 47.8 | 38.7 | -42.5% |
| Singapore | 64.7 | 47.5 | 54.9 | 33.2 | -19.9% |
| Hong Kong SAR | 3.6 | 5.6 | 23.2 | 21.8 | 82.3% |
| United Kingdom | 29.7 | 31.0 | 31.8 | 18.0 | -15.4% |
| Netherlands | 209 | 122 | 76.1 | 3.6 | -74.2% |
| Others | 26.2 | 22.1 | 37.7 | 63.7 | 34.5% |
| Total | 1,840 | 1,507 | 1,174 | 1,287 | -11.2% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Indonesia in 2022:
- China (29.9 tons)
- South Korea (22.6 tons)
- Japan (6.9 tons)
- Brazil (5.9 tons)
- Germany (3.4 tons)
- Singapore (1.6 tons)
- Hong Kong SAR (1.5 tons)
- United Kingdom (1.1 tons)
- Netherlands (0.1 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia
For the fourth consecutive year, Indonesia 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 43% to 86 kg in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue 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) soared to $234 in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.3% 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 +82.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 214 | 0% |
| Timor-Leste | 21.0 | 1.0 | 6.0 | 11.0 | -19.4% |
| Singapore | 107 | 1.0 | 185 | 8.0 | -57.9% |
| Germany | N/A | N/A | N/A | 1.0 | 0% |
| South Korea | N/A | 154 | N/A | N/A | 0% |
| Others | N/A | 2.0 | N/A | N/A | 0% |
| Total | 128 | 158 | 191 | 234 | 22.3% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Indonesia in 2022:
- United States (74.0 kg)
- Timor-Leste (5.0 kg)
- Germany (4.0 kg)
- Singapore (3.0 kg)
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