Price for Brass Tubes and Pipes in Slovakia - 2023
Contents:
- Price for Brass Tubes and Pipes in Slovakia (CIF) - 2022
- Price for Brass Tubes and Pipes in Slovakia (FOB) - 2023
- Imports of Brass Tubes and Pipes in Slovakia
- Exports of Brass Tubes and Pipes in Slovakia
Price for Brass Tubes and Pipes in Slovakia (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $11,325 per ton, declining by -22% against the previous year. Over the period under review, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $14,514 per ton in 2021, and then contracted notably in the following year.
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 China ($31,724 per ton), while the price for Poland ($4,598 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Brass Tubes and Pipes in Slovakia (FOB) - 2023
The average brass tubes and pipes export price stood at $11,172 per ton in July 2023, rising by 11% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in August 2022 when the average export price increased by 18% month-to-month. The export price peaked at $12,584 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($102K per ton), while the average price for exports to Italy ($7,333 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Brass Tubes and Pipes in Slovakia
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) imported into Slovakia skyrocketed to 313 tons, rising by 47% compared with the previous year. In general, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, brass tubes and pipes imports soared to $3.5M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year.
| Import of Brass Tubes and Pipes in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,062 | 677 | 1,249 | 1,391 | 9.4% |
| Germany | 1,308 | 1,126 | 1,139 | 1,246 | -1.6% |
| Poland | 81.6 | 50.5 | 82.8 | 425 | 73.3% |
| Serbia | 421 | 359 | 392 | 202 | -21.7% |
| China | 77.6 | 13.2 | 28.2 | 163 | 28.1% |
| Czech Republic | 181 | 45.8 | 44.1 | 46.2 | -36.6% |
| South Korea | 228 | 200 | 111 | 16.6 | -58.2% |
| Others | 202 | 93.1 | 34.5 | 54.7 | -35.3% |
| Total | 3,560 | 2,564 | 3,081 | 3,545 | -0.1% |
Top Suppliers of Brass Tubes and Pipes to Slovakia in 2022:
- Poland (92.4 tons)
- Italy (84.1 tons)
- Germany (78.4 tons)
- Serbia (42.4 tons)
- Czech Republic (6.8 tons)
- China (5.2 tons)
- South Korea (0.8 tons)
Exports of Brass Tubes and Pipes in Slovakia
Brass tubes and pipes exports from Slovakia contracted dramatically to 188 tons in 2022, dropping by -32.1% compared with 2021. In general, exports showed a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports reached the peak of 277 tons, and then declined dramatically in the following year.
In value terms, brass tubes and pipes exports declined to $1.8M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 +46.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports reached the peak of $2M, and then reduced in the following year.
| Export of Brass Tubes and Pipes in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 977 | 937 | 1,602 | 1,400 | 12.7% |
| Italy | 88.7 | 6.4 | 20.9 | 184 | 27.5% |
| Poland | 259 | 192 | 304 | 131 | -20.3% |
| Germany | 73.7 | 45.8 | 43.9 | 69.2 | -2.1% |
| Others | 170 | 71.3 | 78.4 | 47.4 | -34.7% |
| Total | 1,568 | 1,253 | 2,049 | 1,832 | 5.3% |
Top Export Markets for Brass Tubes and Pipes from Slovakia in 2022:
- Czech Republic (144.5 tons)
- Italy (23.7 tons)
- Poland (13.4 tons)
- Germany (5.1 tons)
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