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

Contents:

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

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Italy (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 $17,888 per ton, jumping by 44% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was France ($33,561 per ton), while the price for Turkey ($13,466 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 the Netherlands (+5.1%), 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 Italy (FOB) - 2022

The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $20,868 per ton in 2022, growing by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2020 an increase of 20% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($48,312 per ton), while the average price for exports to Norway ($9,639 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 Romania (+13.0%), 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 Italy

In 2022, after three years of growth, there was decline in purchases abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, when their volume decreased by -3.2% to 2.8K tons. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 2.9K tons, and then declined modestly in the following year.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver rose modestly to $32M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.212.317.817.913.6%
Poland0.50.12.04.8112.5%
Saudi Arabia2.11.31.62.78.7%
South Africa0.70.31.61.219.7%
France0.31.01.21.258.7%
Netherlands0.40.80.81.140.1%
Austria2.51.71.80.8-31.6%
LatviaN/A0.50.80.69.5%
Others2.03.03.92.00.0%
Total20.820.931.532.415.9%

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

  1. Germany (1378.3 tons)
  2. Poland (609.6 tons)
  3. Saudi Arabia (298.2 tons)
  4. South Africa (128.4 tons)
  5. Netherlands (77.5 tons)
  6. France (73.3 tons)
  7. Latvia (54.5 tons)
  8. Austria (38.5 tons)

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

Exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver from Italy dropped remarkably to 278 tons in 2022, reducing by -24.9% against the year before. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports attained the peak of 370 tons, and then shrank rapidly in the following year.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver contracted dramatically to $5.8M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $7.1M, and then reduced markedly in the following year.

Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5405808556425.9%
Romania37030933357716.0%
Ecuador23218240556434.5%
Switzerland5463616245490.2%
Bulgaria29544959954522.7%
Turkey70.611714631163.9%
Egypt35728498.2268-9.1%
Norway41325965.7251-15.3%
Austria1792021992197.0%
Czech Republic1531422181907.5%
Guatemala30.721.912.118180.7%
Saudi Arabia14649.38.3123-5.6%
Finland6.66.9133114158.5%
Others1,5351,6773,4031,258-6.4%
Total4,8734,6407,0985,7925.9%

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

  1. Germany (35.3 tons)
  2. Ecuador (27.0 tons)
  3. Switzerland (26.0 tons)
  4. Norway (26.0 tons)
  5. Egypt (24.9 tons)
  6. Austria (14.9 tons)
  7. Romania (14.1 tons)
  8. Czech Republic (13.0 tons)
  9. Bulgaria (11.3 tons)
  10. Guatemala (9.8 tons)
  11. Turkey (9.1 tons)
  12. Finland (7.6 tons)
  13. Saudi Arabia (5.9 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)) - Italy