Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy (CIF) - 2023
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy (CIF) - 2023
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 $15,980 per ton in November 2023, reducing by -2% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 97% month-to-month. As a result, import price reached the peak level of $34,796 per ton. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($20,578 per ton), while the price for India ($13,184 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy (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 $22,414 per ton, with an increase of 15% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 45%. The export price peaked at $23,681 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($41,201 per ton), while the average price for exports to Russia ($14,124 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 Brazil (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy
In 2022, after two years of decline, there was significant growth in overseas purchases of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume increased by 59% to 1.3K tons. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) skyrocketed to $20M in 2022. In general, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 1.3 | 2.9 | 7.9 | 78.0% |
| Germany | 4.1 | 4.0 | 5.2 | 4.9 | 6.1% |
| India | 1.7 | 1.3 | 1.4 | 3.1 | 22.2% |
| Netherlands | 0.3 | 0.5 | 0.5 | 1.2 | 58.7% |
| France | 0.1 | 0.1 | 0.1 | 1.2 | 128.9% |
| Mexico | 0.3 | 0.8 | 0.7 | 0.7 | 32.6% |
| Austria | 1.6 | 1.2 | 1.0 | 0.3 | -42.8% |
| South Korea | 1.0 | 0.6 | N/A | 0.2 | -41.5% |
| Others | 2.1 | 0.4 | N/A | 0.1 | -63.8% |
| Total | 12.5 | 10.3 | 11.8 | 19.7 | 16.4% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Italy in 2022:
- China (557.1 tons)
- Germany (297.0 tons)
- India (220.6 tons)
- Netherlands (73.2 tons)
- France (66.6 tons)
- Mexico (46.1 tons)
- Austria (16.4 tons)
- South Korea (12.5 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy
In 2022, approx. 124 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were exported from Italy; picking up by 342% against the previous year. In general, exports recorded a prominent expansion.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) skyrocketed to $2.8M in 2022. Over the period under review, exports enjoyed a significant increase.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 380 | 649 | 84.5 | 1,327 | 51.7% |
| Germany | 171 | 1,163 | 34.0 | 509 | 43.8% |
| Turkey | N/A | 31.2 | 65.3 | 290 | 204.9% |
| Russia | N/A | N/A | N/A | 127 | 0% |
| Australia | 17.4 | 95.4 | 34.8 | 91.8 | 74.1% |
| Greece | 8.9 | 26.3 | 25.2 | 68.6 | 97.5% |
| France | 18.6 | 53.9 | 45.8 | 61.9 | 49.3% |
| Spain | 40.5 | 51.3 | 12.8 | 59.8 | 13.9% |
| Switzerland | 23.4 | 110 | 36.8 | 46.7 | 25.9% |
| Netherlands | 33.2 | 148 | 7.5 | 33.2 | 0.0% |
| Saudi Arabia | N/A | 284 | N/A | 30.1 | -67.4% |
| United States | 139 | 3.5 | 69.6 | 18.5 | -48.9% |
| United Kingdom | 167 | 528 | 15.7 | 13.3 | -57.0% |
| Others | 206 | 98.4 | 116 | 108 | -19.4% |
| Total | 1,205 | 3,243 | 548 | 2,785 | 32.2% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Italy in 2022:
- Romania (55.9 tons)
- Germany (32.7 tons)
- Russia (9.0 tons)
- Turkey (7.5 tons)
- Australia (3.9 tons)
- Greece (3.0 tons)
- France (2.9 tons)
- Spain (2.1 tons)
- Switzerland (1.8 tons)
- Netherlands (1.1 tons)
- United States (0.5 tons)
- Saudi Arabia (0.3 tons)
- United Kingdom (0.3 tons)
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