Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran (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 $17,917 per ton in 2022, growing by 34% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 +96.7% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($28,467 per ton), while the price for Belgium ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.3%), 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 Iran (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 $7,527 per ton, shrinking by -24.4% against the previous year. In general, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2014 an increase of 369% against the previous year. As a result, the export price attained the peak level of $95,148 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -3.4% per year.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran
Imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into Iran reduced sharply to 57 tons in 2022, with a decrease of -19.2% compared with the previous year. In general, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 89%. As a result, imports attained the peak of 71 tons, and then shrank notably in the following year.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) expanded sharply to $1M in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 122%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 266 | 225 | 372 | 605 | 31.5% |
| United Arab Emirates | 61.1 | 62.6 | 296 | 212 | 51.4% |
| India | 60.0 | 37.6 | 72.9 | 58.5 | -0.8% |
| South Korea | 53.9 | 34.2 | 68.0 | 44.1 | -6.5% |
| Turkey | 39.9 | 21.3 | 27.5 | 32.0 | -7.1% |
| Ukraine | 40.2 | 24.2 | 45.6 | 28.0 | -11.4% |
| Belgium | 1.0 | 0.7 | 1.6 | 1.2 | 6.3% |
| Hong Kong SAR | 74.4 | N/A | 10.1 | N/A | -63.2% |
| Others | 97.7 | 22.2 | 54.3 | 43.3 | -23.8% |
| Total | 694 | 428 | 948 | 1,025 | 13.9% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Iran in 2022:
- China (27.0 tons)
- United Arab Emirates (12.8 tons)
- Ukraine (3.6 tons)
- India (3.6 tons)
- Belgium (3.0 tons)
- Turkey (2.8 tons)
- South Korea (2.4 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran
Exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) from Iran surged to 6.7 tons in 2022, rising by 33% against the previous year. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 204%. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $50K in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 224% against the previous year. As a result, the exports attained the peak of $72K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 15.0 | 71.6 | 49.3 | 50.3 | 49.7% |
| Pakistan | 7.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.8 | 0.8 | N/A | 0.0% |
| Total | 22.3 | 72.4 | 50.0 | 50.3 | 31.1% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Iran in 2022:
- Turkey (6.7 tons)
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