Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Venezuela - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Venezuela (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Venezuela
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Venezuela (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 $19,336 per ton, increasing by 10% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 73%. The import price peaked at $28,071 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($39,333 per ton), while the price for India ($1,507 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Venezuela
For the fourth consecutive year, Venezuela recorded growth in purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), which increased by 9.2% to 9.3 tons in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 64%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady 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) soared to $179K in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 21.8 | 38.2 | 86.5 | 112 | 72.6% |
| China | 24.7 | 24.3 | 20.6 | 27.4 | 3.5% |
| Netherlands | 11.4 | 13.8 | 21.6 | 19.4 | 19.4% |
| Germany | 2.5 | 3.3 | 5.8 | 5.7 | 31.6% |
| India | 2.1 | 2.5 | 4.0 | 3.6 | 19.7% |
| United States | 2.0 | 1.5 | 3.0 | 3.3 | 18.2% |
| Others | 2.9 | 4.0 | 7.3 | 7.6 | 37.9% |
| Total | 67.4 | 87.7 | 149 | 179 | 38.5% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Venezuela in 2022:
- South Korea (4.7 tons)
- India (2.4 tons)
- Netherlands (1.1 tons)
- China (0.7 tons)
- Germany (0.2 tons)
- United States (0.1 tons)
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