Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Tanzania - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Tanzania (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Tanzania
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Tanzania (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 $4,600 per ton in 2022, reducing by -37.9% against the previous year. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 101%. Over the period under review, average import prices attained the peak figure at $10,689 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 India ($6,500 per ton), while the price for China ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced a decline.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Tanzania
In 2022, supplies from abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -96.6% to 10 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 164% against the previous year. As a result, imports attained the peak of 1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) fell sharply to $46 in 2022. Over the period under review, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 194% against the previous year. As a result, imports attained the peak of $7.7K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,455 | 6,774 | 2,088 | 39.0 | -74.9% |
| United Kingdom | 105 | 661 | 75.0 | 4.0 | -66.4% |
| South Africa | 3.0 | 4.0 | 1.0 | 1.0 | -30.7% |
| United Arab Emirates | 50.0 | 33.0 | 6.0 | 1.0 | -72.9% |
| China | 1.0 | 4.0 | 1.0 | 1.0 | 0.0% |
| Others | 7.0 | 223 | N/A | N/A | 3085.7% |
| Total | 2,621 | 7,699 | 2,171 | 46.0 | -74.0% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Tanzania in 2022:
- India (6.0 kg)
- United Kingdom (1.0 kg)
- United Arab Emirates (1.0 kg)
- China (1.0 kg)
- South Africa (1.0 kg)
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