Price for Brass Tubes and Pipes in Portugal - 2023

Contents:

  1. Price for Brass Tubes and Pipes in Portugal (CIF) - 2023
  2. Price for Brass Tubes and Pipes in Portugal (FOB) - 2022
  3. Imports of Brass Tubes and Pipes in Portugal
  4. Exports of Brass Tubes and Pipes in Portugal

Price for Brass Tubes and Pipes in Portugal (CIF) - 2023

In August 2023, the average brass tubes and pipes import price amounted to $10,634 per ton, rising by 7.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 164% m-o-m. As a result, import price reached the peak level of $28,461 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($10,601 per ton), while the price for Germany amounted to $10,473 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.2%).

Price for Brass Tubes and Pipes in Portugal (FOB) - 2022

In 2022, the average brass tubes and pipes export price amounted to $51,038 per ton, which is down by -11.5% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 107% against the previous year. As a result, the export price attained the peak level of $57,662 per ton, and then shrank in the following year.

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 France ($107,791 per ton), while the average price for exports to Mozambique ($6,717 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 Czech Republic (+50.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in Portugal

In 2022, imports of tubes and pipes of copper-zinc base alloys (brass) into Portugal dropped dramatically to 544 tons, falling by -15.9% compared with 2021. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 3.9% against the previous year.

In value terms, brass tubes and pipes imports fell modestly to $5.7M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $6M, and then dropped slightly in the following year.

Import of Brass Tubes and Pipes in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.23.74.34.411.2%
Germany0.60.71.11.018.6%
France0.30.20.30.2-12.6%
Others0.30.10.30.1-30.7%
Total4.54.76.05.78.2%

Top Suppliers of Brass Tubes and Pipes to Portugal in 2022:

  1. Italy (430.0 tons)
  2. Germany (88.1 tons)
  3. France (20.9 tons)

Exports of Brass Tubes and Pipes in Portugal

In 2022, after two years of decline, there was significant growth in shipments abroad of tubes and pipes of copper-zinc base alloys (brass), when their volume increased by 52% to 44 tons. Over the period under review, exports, however, showed a dramatic descent.

In value terms, brass tubes and pipes exports surged to $2.2M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Brass Tubes and Pipes in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France7139641,3151,43326.2%
Czech RepublicN/AN/AN/A2460%
Belgium44.5N/A6.795.729.1%
Angola59.310.29.684.812.7%
United Kingdom11827.010863.4-18.7%
Mozambique79.331.617.436.9-22.5%
Germany34823.017.632.1-54.8%
Spain24534912914.3-61.2%
United StatesN/A197N/A0.2-96.8%
Tunisia65.6N/AN/AN/A0%
Others53.426.445.921759.6%
Total1,7261,6281,6492,2238.8%

Top Export Markets for Brass Tubes and Pipes from Portugal in 2022:

  1. United States (undefined tons)
  2. France (13.3 tons)
  3. Angola (8.3 tons)
  4. Mozambique (5.5 tons)
  5. Belgium (4.6 tons)
  6. Czech Republic (3.2 tons)
  7. United Kingdom (3.0 tons)
  8. Germany (1.3 tons)
  9. Spain (0.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-zinc base alloys (brass) - Portugal