Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand - 2024

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $2,604 per ton in 2022, with an increase of 60% against the previous year. In general, the import price recorded a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($6,381 per ton), while the price for China ($1,808 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $3,560 per ton in 2022, growing by 15% against the previous year. In general, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 128% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,753 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Fiji.

From 2012 to 2022, the rate of growth in terms of prices for Cook Islands amounted to +6.9% per year.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand

In 2022, imports of tubes, pipes and hollow profiles, of cast iron into New Zealand rose to 1.4K tons, picking up by 1.7% on the previous year's figure. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 650%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $3.5M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 645% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to New Zealand in 2022:

1. China (1015.9 tons)
2. Japan (243.1 tons)
3. Italy (69.1 tons)
4. Malaysia (21.0 tons)
5. Australia (10.0 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in New Zealand

In 2022, overseas shipments of tubes, pipes and hollow profiles, of cast iron decreased by -88.5% to 720 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. As a result, the exports reached the peak of 9.9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron fell sharply to $2.6K in 2022. In general, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.8% against the previous year.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from New Zealand in 2022:

1. Fiji (720.0 kg)

Source: IndexBox Market Intelligence Platform