Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia (FOB) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia (CIF) - 2022
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia (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 $22,124 per ton, jumping by 54% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($23,230 per ton), while the average price for exports to Russia totaled $21,826 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+38.7%).
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia (CIF) - 2022
In 2022, the average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $19,169 per ton, growing by 26% against the previous year. Overall, the import price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $52,881 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +15.7% per year.
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia
In 2022, approx. 9.5 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were exported from Latvia; growing by 174% against the previous year. Over the period under review, exports saw a significant expansion. 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-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) soared to $210K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 78.4 | 98.5 | 48.8 | 166 | 28.4% |
| Estonia | N/A | N/A | 0.1 | 43.4 | 43300.0% |
| Others | N/A | 0.5 | 0.8 | 0.8 | 26.5% |
| Total | 78.4 | 99.0 | 49.7 | 210 | 38.9% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Latvia in 2022:
- Russia (7.6 tons)
- Estonia (1.9 tons)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia
For the fourth year in a row, Latvia recorded growth in purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver), which increased by 1,587% to 7.2 tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) soared to $137K in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 137 | 0% |
| Italy | 0.8 | 2.7 | 6.5 | N/A | 185.0% |
| Others | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Total | 1.0 | 2.8 | 6.5 | 137 | 415.5% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Latvia in 2022:
- Kazakhstan (7.2 tons)
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