Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium - 2023

Contents:

  1. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium (FOB) - 2022
  2. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium (CIF) - 2023
  3. Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium
  4. Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium (FOB) - 2022

In 2022, the average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $14,859 per ton, increasing by 7.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 147%. As a result, the export price attained the peak level of $28,923 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($22,176 per ton), while the average price for exports to France amounted to $14,484 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.9%).

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium (CIF) - 2023

The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $16,218 per ton in December 2023, which is down by -24.8% against the previous month. Over the period under review, import price indicated a slight expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -24.8% against November 2023 indices. The growth pace was the most rapid in August 2023 when the average import price increased by 60% m-o-m. Over the period under review, average import prices attained the maximum at $21,563 per ton in November 2023, and then fell markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($138K per ton), while the price for the Netherlands ($5,433 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 Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium

In 2022, overseas shipments of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -13.1% to 352 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,293% against the previous year. As a result, the exports attained the peak of 431 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) fell to $5.2M in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,641% against the previous year.

Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A3.54.85.019.5%
United States0.10.30.20.10.0%
BangladeshN/AN/A0.2N/A0%
Others0.21.30.30.1-20.6%
Total0.35.25.65.2158.8%

Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Belgium in 2022:

  1. France (342.3 tons)
  2. United States (6.0 tons)
  3. Bangladesh (1.0 tons)

Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), when their volume decreased by -17.2% to 339 tons. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,966%.

In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) dropped to $4.9M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,464% against the previous year.

Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/A1.93.64.452.2%
South KoreaN/A1.41.50.3-53.7%
Germany0.10.40.1N/A0.0%
FranceN/A0.40.1N/A-75.0%
Others0.20.20.20.20.0%
Total0.34.35.64.9153.7%

Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Belgium in 2022:

  1. Mexico (317.4 tons)
  2. South Korea (15.6 tons)
  3. Germany (1.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) - Belgium