Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia (FOB) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia (CIF) - 2022
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia (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 $17,798 per ton in 2022, with an increase of 27% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) increased by +81.3% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +58.0% per year.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia (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 $16,522 per ton, rising by 13% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +25.6% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of 33%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($31,370 per ton), while the price for Italy ($7,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+43.2%), 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 Russia
In 2022, the amount of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) exported from Russia shrank markedly to 216 tons, declining by -36.9% against the previous year. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 55%.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) fell sharply to $3.9M in 2022. Over the period under review, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, the exports attained the peak of $4.8M, and then contracted markedly in the following year.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2.1 | 1.4 | 4.6 | 3.9 | 22.9% |
| Bulgaria | 0.6 | N/A | N/A | N/A | 0% |
| Uzbekistan | 0.4 | 0.8 | N/A | N/A | 100.0% |
| Mongolia | 0.4 | N/A | N/A | N/A | 0% |
| Ukraine | 0.7 | 0.1 | 0.2 | N/A | -46.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 2.3 | 4.8 | 3.9 | -3.2% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Russia in 2022:
- Kazakhstan (216.4 tons)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia
In 2022, approx. 193 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were imported into Russia; reducing by -6.7% on 2021. Overall, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 16% 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) expanded sharply to $3.2M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 175 | 371 | 777 | 859 | 69.9% |
| Poland | 136 | 0.1 | 0.2 | 643 | 67.8% |
| China | 93.0 | 80.3 | 88.5 | 321 | 51.1% |
| Lithuania | N/A | N/A | N/A | 258 | 0% |
| India | N/A | N/A | N/A | 253 | 0% |
| Romania | N/A | N/A | 69.9 | 224 | 220.5% |
| Latvia | 78.4 | 98.5 | 48.6 | 167 | 28.7% |
| France | 60.2 | 252 | 614 | 158 | 37.9% |
| Italy | N/A | N/A | N/A | 132 | 0% |
| Ukraine | 991 | 247 | 884 | 109 | -52.1% |
| Germany | 574 | 1,016 | 410 | 9.1 | -74.9% |
| Serbia | 116 | 51.7 | N/A | N/A | -55.4% |
| Belarus | 96.8 | 14.5 | 65.5 | N/A | -17.7% |
| Others | 220 | 424 | 65.5 | 55.0 | -37.0% |
| Total | 2,540 | 2,555 | 3,024 | 3,187 | 7.9% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Russia in 2022:
- South Korea (53.2 tons)
- Poland (27.5 tons)
- Lithuania (20.9 tons)
- India (19.6 tons)
- Italy (18.0 tons)
- Romania (11.6 tons)
- Latvia (11.2 tons)
- China (10.2 tons)
- France (10.0 tons)
- Ukraine (8.5 tons)
- Germany (0.4 tons)
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