Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam (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 $13,587 per ton in 2022, increasing by 2.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the maximum at $15,131 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 ($20,192 per ton), while the price for the Netherlands ($10,752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+39.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam (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 $16,056 per ton, growing by 25% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($18,044 per ton), while the average price for exports to Malaysia ($14,906 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 Malaysia (+70.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam
In 2022, the amount of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) imported into Vietnam surged to 312 tons, jumping by 23% on 2021 figures. Overall, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 109% against the previous year. As a result, imports attained the peak of 962 tons. From 2021 to 2022, the growth of imports of remained at a 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) soared to $4.2M in 2022. In general, imports showed a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year. As a result, imports reached the peak of $8.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 7.8 | 2.9 | 3.5 | 2.0% |
| South Korea | 0.6 | 0.6 | 0.3 | 0.3 | -20.6% |
| Netherlands | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Japan | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 3.9 | 8.5 | 3.4 | 4.2 | 2.5% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Vietnam in 2022:
- China (260.8 tons)
- South Korea (19.8 tons)
- Netherlands (17.7 tons)
- Japan (8.4 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam
In 2022, shipments abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -12.8% to 79 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 294%. As a result, the exports reached the peak of 761 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) rose rapidly to $1.3M in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 288% against the previous year. As a result, the exports reached the peak of $7.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 6.8 | 0.9 | 1.1 | -16.7% |
| Malaysia | N/A | N/A | 0.2 | 0.1 | -50.0% |
| China | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.9 | 7.3 | 1.2 | 1.3 | -11.9% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Vietnam in 2022:
- United States (71.1 tons)
- Malaysia (8.0 tons)
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