Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela - 2022
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela (FOB) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela (CIF) - 2022
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela (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 $11,386 per ton, shrinking by -6.1% against the previous year. Overall, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs at $12,131 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.0% per year.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela (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 $11,137 per ton, waning by -3.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 28%. The import price peaked at $12,897 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($144,833 per ton), while the price for Mexico ($1,710 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.6%), 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 Venezuela
For the fourth consecutive year, Venezuela recorded growth in shipments abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which increased by 5.3% to 18 tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.0% 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 +86.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver fell modestly to $206K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 78%.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 81.0 | 144 | 96.9 | 205 | 36.3% |
| Egypt | N/A | N/A | 111 | N/A | 0% |
| Others | 0.4 | 1.3 | 0.5 | 1.0 | 35.7% |
| Total | 81.5 | 145 | 209 | 206 | 36.2% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Venezuela in 2022:
- United States (18.0 tons)
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela
In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver imported into Venezuela contracted sharply to 1.1 tons, falling by -62.9% compared with the year before. Over the period under review, imports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 7.6%.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver dropped sharply to $12K in 2022. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 16%.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 14.8 | 4.5 | 5.2 | 2.1 | -47.8% |
| United States | 8.8 | 3.9 | 4.5 | 1.7 | -42.2% |
| Mexico | 9.0 | 3.9 | 4.2 | 1.5 | -45.0% |
| China | 19.1 | 8.7 | 8.6 | 1.4 | -58.1% |
| South Korea | 2.1 | 1.3 | 2.1 | 1.2 | -17.0% |
| Turkey | 4.4 | 2.0 | 2.3 | 0.9 | -41.1% |
| Taiwan (Chinese) | 1.4 | 0.7 | 1.0 | 0.4 | -34.1% |
| Others | 9.3 | 4.8 | 6.6 | 3.1 | -30.7% |
| Total | 68.8 | 29.8 | 34.6 | 12.3 | -43.7% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Venezuela in 2022:
- Mexico (905.0 kg)
- Panama (50.0 kg)
- United States (47.0 kg)
- South Korea (34.0 kg)
- Taiwan (Chinese) (26.0 kg)
- China (15.0 kg)
- Turkey (6.0 kg)
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