Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore (CIF) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore (CIF) - 2022
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $10,790 per ton in 2022, rising by 13% against the previous year. Overall, the import price, however, saw a mild slump. The growth pace was the most rapid in 2021 when the average import price increased by 42% against the previous year. The import price peaked at $12,132 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($29,616 per ton), while the price for South Korea ($5,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.8%), 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 Singapore (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 $14,336 per ton, surging by 108% against the previous year. Overall, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($33,416 per ton), while the average price for exports to Indonesia ($8,186 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 Maldives (+14.6%), 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 Singapore
In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver imported into Singapore expanded significantly to 1.3K tons, growing by 11% against 2021. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver soared to $14M in 2022. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 4.5 | 7.1 | 9.7 | 26.4% |
| Malaysia | 2.0 | 0.7 | 0.9 | 1.8 | -3.5% |
| Japan | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
| South Korea | 0.1 | 0.2 | 0.8 | 0.4 | 58.7% |
| United Kingdom | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Australia | 0.6 | 0.1 | 0.5 | 0.1 | -45.0% |
| Italy | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Indonesia | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.4 | 0.8 | 1.1 | 0.4 | 0.0% |
| Total | 8.5 | 6.5 | 10.7 | 13.5 | 16.7% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Singapore in 2022:
- China (904.7 tons)
- Malaysia (175.3 tons)
- South Korea (65.9 tons)
- Japan (32.4 tons)
- United Kingdom (24.1 tons)
- Australia (17.2 tons)
- Italy (16.9 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore
In 2022, shipments abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -20.6% to 81 tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 24%. As a result, the exports attained the peak of 159 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver surged to $1.2M in 2022. Over the period under review, exports saw a deep downturn.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 160 | 435 | 433 | 256 | 17.0% |
| Malaysia | 395 | 137 | 134 | 220 | -17.7% |
| Thailand | 12.0 | 8.5 | 35.7 | 216 | 162.1% |
| United Arab Emirates | 3.9 | N/A | 0.1 | 117 | 210.7% |
| Vietnam | 1.0 | 1.1 | 5.2 | 104 | 370.3% |
| Maldives | 0.9 | N/A | 6.0 | 57.7 | 300.2% |
| Philippines | 4.2 | 28.8 | 21.1 | 46.4 | 122.7% |
| South Korea | 14.0 | 123 | 2.4 | 43.5 | 45.9% |
| Brunei Darussalam | 87.9 | 0.1 | 0.9 | 1.4 | -74.8% |
| China | 1,000 | 5.4 | 0.3 | 1.4 | -88.8% |
| Others | 121 | 46.9 | 68.2 | 103 | -5.2% |
| Total | 1,801 | 786 | 707 | 1,167 | -13.5% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Singapore in 2022:
- Indonesia (31.3 tons)
- Malaysia (16.0 tons)
- United Arab Emirates (10.3 tons)
- Thailand (7.7 tons)
- Vietnam (4.2 tons)
- South Korea (3.9 tons)
- Maldives (2.2 tons)
- Philippines (1.4 tons)
- Brunei Darussalam (0.1 tons)
- China (0.1 tons)
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