Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR (CIF) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $22,712 per ton, increasing by 69% against the previous year. In general, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 123% against the previous year. Over the period under review, average import prices attained the maximum at $25,179 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Japan ($100,726 per ton), while the price for Greece ($12,699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $31,743 per ton, surging by 32% against the previous year. In general, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($44,514 per ton), while the average price for exports to Macao SAR stood at $6,822 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.5%).
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR
After three years of growth, overseas purchases of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -76.7% to 21 tons in 2022. In general, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 173% against the previous year. As a result, imports attained the peak of 89 tons, and then reduced sharply in the following year.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver shrank notably to $474K in 2022. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 267%. As a result, imports attained the peak of $1.2M, and then fell significantly in the following year.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.1 | 125 | 904 | 102 | 36.5% |
| Germany | N/A | 102 | 87.9 | 84.5 | -9.0% |
| United Kingdom | N/A | N/A | 4.5 | 70.4 | 1464.4% |
| Belgium | N/A | N/A | N/A | 59.5 | 0% |
| Japan | 312 | 10.5 | 1.8 | 56.2 | -43.5% |
| France | N/A | 31.5 | N/A | 56.0 | 33.3% |
| Greece | N/A | N/A | 15.8 | 12.1 | -23.4% |
| United States | 213 | 57.4 | 185 | 2.1 | -78.6% |
| Others | 0.3 | N/A | N/A | 31.0 | 369.3% |
| Total | 566 | 327 | 1,199 | 474 | -5.7% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Hong Kong SAR in 2022:
- China (5.9 tons)
- United Kingdom (5.3 tons)
- Belgium (3.2 tons)
- France (2.8 tons)
- Germany (2.1 tons)
- Greece (1.0 tons)
- Japan (0.6 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR
In 2022, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver from Hong Kong SAR soared to 9.1 tons, rising by 32% against the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver skyrocketed to $290K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 81%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 74.3 | 87.5 | 143 | 262 | 52.2% |
| Macao SAR | 1.5 | 4.1 | 18.4 | 21.1 | 141.4% |
| Others | 0.3 | 0.1 | 5.0 | 6.7 | 181.6% |
| Total | 76.0 | 91.7 | 166 | 290 | 56.3% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Hong Kong SAR in 2022:
- China (5.9 tons)
- Macao SAR (3.1 tons)
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