Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia - 2022

Contents:

  1. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia (FOB) - 2022
  2. Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia (CIF) - 2022
  3. Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia
  4. Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia (FOB) - 2022

The average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $7,676 per ton in 2021, rising by 40% against the previous year. In general, export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver increased by +74.9% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($6,607 per ton), while the average price for exports to the United Arab Emirates ($497 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+12.0%), while the prices for the other major destinations experienced a decline.

Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia (CIF) - 2022

In 2021, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $9,993 per ton, picking up by 43% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. 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 ($13,491 per ton), while the price for New Zealand ($7,040 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia

In 2022, approx. 299 tons of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver were exported from Saudi Arabia; with an increase of 15% compared with the year before. In general, exports, however, saw a deep downturn.

In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver skyrocketed to $2.7M in 2022. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
JordanN/A85.124.1-71.7%
AlgeriaN/AN/A0.40%
United Arab EmiratesN/A24.30.2-99.2%
Sudan51.0116N/A127.5%
Egypt535N/AN/A0%
Italy742154N/A-79.2%
Others7539091,97762.0%
Total2,0801,2882,001-1.9%

Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Saudi Arabia in 2022:

  1. Jordan (3.7 tons)
  2. United Arab Emirates (0.4 tons)
  3. Algeria (0.1 tons)

Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia

After two years of growth, overseas purchases of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -35.4% to 2.3K tons in 2021. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, imports attained the peak of 3.5K tons, and then reduced remarkably in the following year.

In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver fell to $23M in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. As a result, imports attained the peak of $24M, and then shrank in the following year.

Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Malaysia6.810.112.334.5%
China3.74.95.623.0%
United States8.25.72.0-50.6%
South Korea1.32.21.2-3.9%
United KingdomN/A0.50.620.0%
New ZealandN/A0.30.30.0%
Others0.90.70.6-18.4%
Total20.924.422.64.0%

Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Saudi Arabia in 2022:

  1. Malaysia (1199.5 tons)
  2. China (587.1 tons)
  3. United States (174.4 tons)
  4. South Korea (123.3 tons)
  5. New Zealand (45.4 tons)
  6. United Kingdom (45.3 tons)

Source: IndexBox Market Intelligence Platform

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