Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait - 2022
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait (CIF) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait (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 $9,635 per ton, with an increase of 19% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. Over the period under review, average import prices hit record highs at $10,864 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United Arab Emirates ($25,606 per ton), while the price for Vietnam ($2,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+21.9%), 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 Kuwait (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 $6,227 per ton, increasing by 5.8% against the previous year. In general, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 108%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($32,667 per ton), while the average price for exports to India totaled $2,872 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+26.2%).
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait
Imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver into Kuwait declined rapidly to 22 tons in 2022, dropping by -78% against 2021 figures. In general, imports saw a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 1.7%.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver declined sharply to $210K in 2022. Over the period under review, imports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 552 | 504 | 598 | 91.8 | -45.0% |
| South Korea | 51.7 | 24.8 | 22.9 | 17.8 | -29.9% |
| India | 69.2 | 11.9 | 23.0 | 17.4 | -36.9% |
| Vietnam | 23.5 | 21.1 | 44.9 | 16.2 | -11.7% |
| Germany | 2.8 | 0.8 | 13.1 | 13.8 | 70.2% |
| Turkey | 19.2 | 16.1 | 12.8 | 8.5 | -23.8% |
| Italy | 69.0 | 31.0 | 19.0 | 7.9 | -51.4% |
| United Arab Emirates | 69.3 | 35.5 | 38.8 | 7.6 | -52.1% |
| Others | 93.0 | 43.2 | 30.2 | 29.5 | -31.8% |
| Total | 950 | 688 | 802 | 210 | -39.5% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Kuwait in 2022:
- China (9.8 tons)
- Vietnam (5.8 tons)
- South Korea (2.1 tons)
- Germany (1.0 tons)
- India (0.8 tons)
- Turkey (0.6 tons)
- Italy (0.3 tons)
- United Arab Emirates (0.3 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait
Exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver from Kuwait shrank significantly to 141 kg in 2022, declining by -89.1% on the previous year's figure. Overall, exports recorded a dramatic contraction. The smallest decline of -47.7% was in 2020.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver plummeted to $878 in 2022. In general, exports saw a significant contraction. The growth pace was the most rapid in 2020 with an increase of 8.8% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.6 | 7.7 | 4.2 | 0.5 | -61.3% |
| India | 4.6 | 6.7 | 3.4 | 0.4 | -55.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.2 | 14.3 | 7.6 | 0.9 | -59.1% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Kuwait in 2022:
- India (125.0 kg)
- United Arab Emirates (15.0 kg)
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