Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Myanmar - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Myanmar (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Myanmar
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Myanmar (CIF) - 2022
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 $38,409 per ton in 2022, surging by 116% against the previous year. Overall, the import price posted a prominent increase. 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 the UK ($121,800 per ton), while the price for China stood at $20,607 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Myanmar
In 2022, overseas purchases of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -69.5% to 771 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 860%. As a result, imports reached the peak of 16 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) dropped sharply to $30K in 2022. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 643%. As a result, imports reached the peak of $177K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.9 | 16.1 | 19.5 | 16.4 | 61.4% |
| China | 20.0 | 4.3 | 25.5 | 13.1 | -13.2% |
| South Korea | N/A | 157 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 23.9 | 177 | 45.1 | 29.6 | 7.4% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Myanmar in 2022:
- China (634.0 kg)
- United Kingdom (135.0 kg)
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