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

Contents:

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

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

The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $11,428 per ton in 2022, declining by -3.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 51%. The import price peaked at $17,942 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($27,500 per ton), while the price for China ($9,809 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 Arab Emirates (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -31.3% to 36 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of 53 tons, and then fell markedly in the following year.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver reduced notably to $417K in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. As a result, imports reached the peak of $630K, and then shrank sharply in the following year.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey17625043228817.8%
ChinaN/A28.7122126109.5%
JordanN/AN/A65.7N/A0%
Iran25.60.88.1N/A-43.8%
Others5.14.11.52.9-17.2%
Total20628363041726.5%

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

  1. Turkey (23.5 tons)
  2. China (12.9 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)) - Iraq