Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria - 2023

Contents:

  1. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria (CIF) - 2023
  2. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria (FOB) - 2022
  3. Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria
  4. Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria (CIF) - 2023

In December 2023, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $43,006 per ton, increasing by 18% against the previous month. In general, import price indicated a slight expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver increased by +45.8% against October 2023 indices. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 68% m-o-m. The import price peaked at $48,443 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Sweden ($46,514 per ton), while the price for Germany ($42,105 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria (FOB) - 2022

In 2022, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $10,510 per ton, declining by -19.8% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 44%. The export price peaked at $13,109 per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($46,615 per ton), while the average price for exports to Kosovo ($3,800 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 Serbia (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which increased by 33% to 184 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 114%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $5M in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 242% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1932862,1022,846145.2%
Italy29948863357124.1%
PolandN/A9.359.0422573.6%
China7.726.8157411276.5%
Greece34.276.481.0294104.9%
SwedenN/A0.521.91321524.8%
Turkey1.410.011.392.2303.8%
Vietnam65.4N/AN/AN/A0%
Others337119407256-8.8%
Total9381,0163,4725,02475.0%

Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Bulgaria in 2022:

  1. Germany (82.5 tons)
  2. China (34.8 tons)
  3. Greece (26.2 tons)
  4. Italy (12.2 tons)
  5. Poland (11.5 tons)
  6. Turkey (8.9 tons)
  7. Sweden (3.1 tons)

Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria

In 2022, after two years of decline, there was significant growth in overseas shipments of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, when their volume increased by 128% to 4.5 tons. In general, exports, however, continue to indicate a sharp slump.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver skyrocketed to $47K in 2022. Over the period under review, exports, however, recorded a dramatic downturn.

Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A36.20%
JapanN/AN/AN/A4.10%
Greece94.9N/A6.42.4-70.6%
KosovoN/A1.92.71.2-20.5%
North MacedoniaN/A3.30.30.8-50.8%
Romania0.77.46.00.2-34.1%
ItalyN/AN/A7.3N/A0%
TurkeyN/A32.3N/AN/A0%
Others3.42.82.92.0-16.2%
Total99.047.825.746.9-22.0%

Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Bulgaria in 2022:

  1. Germany (3523.0 kg)
  2. Kosovo (325.0 kg)
  3. Japan (250.0 kg)
  4. Greece (230.0 kg)
  5. North Macedonia (50.0 kg)
  6. Romania (8.0 kg)

Source: IndexBox Market Intelligence Platform

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