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

Contents:

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

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Vietnam (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 $10,507 per ton, with an increase of 2.7% against the previous year. In general, export price indicated a pronounced increase 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 +45.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 42%. The export price peaked 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 the Netherlands ($11,960 per ton), while the average price for exports to Kuwait ($1,313 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 the Netherlands (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $14,839 per ton in 2022, rising by 66% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.6% 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 +53.6% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($29,086 per ton), while the price for South Korea ($10,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -38.4% to 727 tons in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 12%.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver reduced markedly to $7.6M in 2022. In general, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, the exports attained the peak of $12M, 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A53.02,9432,676610.6%
India2,8102,6383,4042,209-7.7%
Canada26.630.2280651190.3%
Malaysia1.879.8N/A450530.0%
Switzerland0.1N/A1644251519.8%
EstoniaN/A12138634268.1%
United States2,072236859163-57.2%
KuwaitN/A21.776.433.023.3%
Thailand1,0461,7221.64.3-84.0%
South Korea2.24791.63.010.9%
Sri Lanka2071701860.1-92.2%
Poland5538912,043N/A92.2%
Egypt191467132N/A-16.9%
Others3357971,60368526.9%
Total7,2457,70612,0817,6411.8%

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

  1. Netherlands (223.7 tons)
  2. India (223.0 tons)
  3. Malaysia (63.5 tons)
  4. Canada (59.8 tons)
  5. Switzerland (40.3 tons)
  6. Estonia (33.4 tons)
  7. Kuwait (25.1 tons)
  8. United States (16.3 tons)
  9. Thailand (0.5 tons)
  10. South Korea (0.4 tons)

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

In 2022, overseas purchases of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -36.2% to 231 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, imports reached the peak of 419 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver reached $3.4M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.9%. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2,1291,7381,0541,329-14.5%
South Korea4921,1401,06574014.6%
China20234673571252.2%
Malaysia4.6N/AN/A236271.6%
Singapore1.01.15.3113383.5%
Taiwan (Chinese)38.211817663.618.5%
Others389169199241-14.8%
Total3,2553,5123,2353,4341.8%

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

  1. Thailand (108.0 tons)
  2. South Korea (70.4 tons)
  3. China (24.5 tons)
  4. Malaysia (14.0 tons)
  5. Singapore (6.3 tons)
  6. Taiwan (Chinese) (5.8 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)) - Vietnam