Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $8,294 per ton, which is down by -19.3% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -34.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 51%. As a result, import price attained the peak level of $12,587 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($23,843 per ton), while the price for China ($3,398 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), 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 Ethiopia (FOB) - 2022

In 2020, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $1,803 per ton, rising by 4.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $1,824 per ton in 2014; afterwards, it flattened through to 2020.

As there is only one major export destination, the average price level is determined by prices for Djibouti.

From 2014 to 2020, the rate of growth in terms of prices for Djibouti amounted to +4.5% per year.

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

In 2022, overseas purchases of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -26% to 31 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 164% against the previous year.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver plummeted to $255K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. As a result, imports attained the peak of $426K, and then declined rapidly in the following year.

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

1. China (16.6 tons)
2. United Kingdom (6.1 tons)
3. Turkey (2.9 tons)
4. South Korea (1.8 tons)
5. United States (1.2 tons)
6. Italy (1.0 tons)
7. India (0.4 tons)

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

In 2020, approx. 44 tons of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver were exported from Ethiopia; increasing by 59% compared with the previous year's figure. Overall, total exports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +58.9% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $79K in 2020. Over the period under review, total exports indicated significant growth from 2019 to 2020: its value increased at an average annual rate of +66.1% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Djibouti (44.1 tons)

Source: IndexBox Market Intelligence Platform