Price for Brass Tubes and Pipes in Hong Kong SAR - 2023
Contents:
- Price for Brass Tubes and Pipes in Hong Kong SAR (FOB) - 2022
- Price for Brass Tubes and Pipes in Hong Kong SAR (CIF) - 2022
- Exports of Brass Tubes and Pipes in Hong Kong SAR
- Imports of Brass Tubes and Pipes in Hong Kong SAR
Price for Brass Tubes and Pipes in Hong Kong SAR (FOB) - 2022
In 2022, the average brass tubes and pipes export price amounted to $17,096 per ton, falling by -42.6% against the previous year. In general, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 193%. The export price peaked at $54,224 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($20,525 per ton), while the average price for exports to the United States ($9,700 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 China (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Brass Tubes and Pipes in Hong Kong SAR (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $19,139 per ton, waning by -27.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 77%. Over the period under review, average import prices attained the maximum at $39,414 per ton in 2020; however, from 2021 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 Switzerland ($353,549 per ton), while the price for South Korea ($9,241 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Brass Tubes and Pipes in Hong Kong SAR
In 2022, overseas shipments of tubes and pipes of copper-zinc base alloys (brass) decreased by -75.1% to 19 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 50%. As a result, the exports attained the peak of 91 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, brass tubes and pipes exports dropped remarkably to $330K in 2022. In general, exports recorded a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 13%. As a result, the exports reached the peak of $3.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Brass Tubes and Pipes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,248 | 3,693 | 2,296 | 281 | -55.8% |
| Poland | 0.6 | 1.5 | N/A | 26.6 | 253.9% |
| United States | 1.2 | 2.8 | 2.2 | 16.3 | 138.6% |
| Others | 17.6 | 10.0 | 14.1 | 6.3 | -29.0% |
| Total | 3,267 | 3,708 | 2,313 | 330 | -53.4% |
Top Export Markets for Brass Tubes and Pipes from Hong Kong SAR in 2022:
- China (16.1 tons)
- United States (1.7 tons)
- Poland (1.3 tons)
Imports of Brass Tubes and Pipes in Hong Kong SAR
Brass tubes and pipes imports into Hong Kong SAR fell notably to 57 tons in 2022, reducing by -25.7% on the previous year. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 120% against the previous year.
In value terms, brass tubes and pipes imports dropped notably to $1.1M in 2022. In general, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 47%.
| Import of Brass Tubes and Pipes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.5 | 1.8 | N/A | 478 | 476.1% |
| Switzerland | 1,035 | 427 | 591 | 433 | -25.2% |
| China | 202 | 726 | 477 | 118 | -16.4% |
| Japan | 88.7 | 157 | 13.7 | 41.1 | -22.6% |
| Germany | 981 | 69.4 | 938 | 13.1 | -76.3% |
| Others | 28.5 | 1.0 | 7.4 | 11.8 | -25.5% |
| Total | 2,337 | 1,381 | 2,027 | 1,095 | -22.3% |
Top Suppliers of Brass Tubes and Pipes to Hong Kong SAR in 2022:
- South Korea (51.7 tons)
- China (1.8 tons)
- Japan (1.5 tons)
- Switzerland (1.2 tons)
- Germany (0.9 tons)
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
883
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950
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