Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama - 2022

Contents:

  1. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama (FOB) - 2022
  2. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama (CIF) - 2022
  3. Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama
  4. Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama (FOB) - 2022

The average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $33,766 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2013 to 2022, the rate of growth in terms of prices for Venezuela amounted to +6.8% per year.

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama (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 $29,820 per ton in 2022, rising by 19% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 73%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Germany ($47,833 per ton), while the price for the United States ($16,839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama

In 2022, after two years of decline, there was decline in overseas shipments of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume decreased by 0% to 881 kg. In general, exports saw a sharp descent. The smallest decline of 99.9% was in 2020.

In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) totaled $30K in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of 99.9% was in 2020.

Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A29.70%
United States328N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total328N/AN/A29.7-55.1%

Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Panama in 2022:

  1. Taiwan (Chinese) (881.0 kg)

Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama

In 2022, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into Panama contracted markedly to 178 kg, dropping by -47.2% against the year before. In general, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.

In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank sharply to $5.3K in 2022. Overall, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 41%.

Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones2.91.52.11.5-19.7%
Greece0.81.12.31.111.2%
China5.11.31.61.1-40.0%
Germany1.10.50.70.6-18.3%
United States3.21.21.20.5-46.1%
Belgium0.70.40.60.5-10.6%
Brazil10.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total24.16.08.45.3-39.6%

Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Panama in 2022:

  1. Free Zones (67.0 kg)
  2. Greece (34.0 kg)
  3. United States (31.0 kg)
  4. China (23.0 kg)
  5. Germany (12.0 kg)
  6. Belgium (11.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) - Panama