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

Contents:

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

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in India (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 $14,532 per ton, surging by 12% against the previous year. Overall, import price indicated a pronounced expansion 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 increased by +63.3% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 46%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($30,128 per ton), while the price for Sri Lanka ($9,437 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 (+11.3%), 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 India (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 $12,773 per ton, growing by 23% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 alloys other than copper-zinc, cupro-nickel or nickel-silver increased by +68.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 25%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($26,651 per ton), while the average price for exports to Nigeria ($3,462 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 Saudi Arabia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver into India reduced modestly to 843 tons in 2022, falling by -1.8% compared with the previous year's figure. Over the period under review, imports faced a sharp contraction.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver expanded rapidly to $12M in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.34.04.56.2-20.4%
Vietnam2.82.62.31.7-15.3%
Thailand1.61.11.81.5-2.1%
United States0.50.40.31.026.0%
Germany0.70.31.30.98.7%
Sri Lanka0.90.3N/A0.1-51.9%
Others1.90.71.01.0-19.3%
Total20.79.411.212.3-15.9%

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

  1. China (441.0 tons)
  2. Vietnam (162.3 tons)
  3. Thailand (113.9 tons)
  4. Germany (47.7 tons)
  5. United States (33.2 tons)
  6. Sri Lanka (10.0 tons)

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

In 2022, approx. 135 tons of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver were exported from India; dropping by -10.9% compared with 2021. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 26%.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver expanded rapidly to $1.7M in 2022. Over the period under review, total exports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland0.40.5N/A512985.8%
Nepal17911829726013.3%
Zambia1.92.04.7198370.6%
Germany483292861197-25.8%
SenegalN/A25.713.370.966.1%
Thailand2.60.31.569.2198.6%
Bangladesh6.70.337.564.0112.2%
Saudi Arabia38.533.511.056.213.4%
Democratic Republic of the Congo49.049.235.342.2-4.9%
Egypt9.215.9N/A39.562.5%
Ghana0.34.63.829.2360.0%
Nigeria57.212.718.511.0-42.3%
Cuba208N/AN/AN/A0%
Others595454290178-33.1%
Total1,6311,0081,5731,7261.9%

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

  1. Poland (30.5 tons)
  2. Nepal (26.5 tons)
  3. Germany (20.0 tons)
  4. Zambia (13.4 tons)
  5. Bangladesh (6.2 tons)
  6. Senegal (5.7 tons)
  7. Thailand (5.2 tons)
  8. Democratic Republic of the Congo (4.4 tons)
  9. Nigeria (3.2 tons)
  10. Egypt (3.1 tons)
  11. Ghana (2.3 tons)
  12. Saudi Arabia (2.1 tons)

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)) - India