Price for Brass Tubes and Pipes in Greece - 2023
Contents:
- Price for Brass Tubes and Pipes in Greece (FOB) - 2023
- Price for Brass Tubes and Pipes in Greece (CIF) - 2022
- Exports of Brass Tubes and Pipes in Greece
- Imports of Brass Tubes and Pipes in Greece
Price for Brass Tubes and Pipes in Greece (FOB) - 2023
The average brass tubes and pipes export price stood at $9,085 per ton in August 2023, declining by -5.4% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 29% month-to-month. As a result, the export price reached the peak level of $9,934 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Germany ($10,190 per ton), while the average price for exports to Romania ($5,346 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Brass Tubes and Pipes in Greece (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $10,573 per ton, growing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,668 per ton), while the price for Italy ($8,721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Brass Tubes and Pipes in Greece
In 2022, approx. 1.7K tons of tubes and pipes of copper-zinc base alloys (brass) were exported from Greece; falling by -39% on the previous year. Over the period under review, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 22%.
In value terms, brass tubes and pipes exports shrank rapidly to $14M in 2022. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports attained the peak of $20M, and then contracted dramatically in the following year.
| Export of Brass Tubes and Pipes in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 15.2 | 8.9 | 16.2 | 9.5 | -14.5% |
| Germany | 1.1 | 0.8 | 1.0 | 2.6 | 33.2% |
| Turkey | 0.4 | 0.6 | 1.1 | 0.9 | 31.0% |
| Czech Republic | 0.4 | 0.4 | 0.2 | 0.5 | 7.7% |
| Belgium | 0.1 | 0.3 | 0.6 | 0.3 | 44.2% |
| Others | 0.6 | 0.5 | 0.4 | 0.5 | -5.9% |
| Total | 17.9 | 11.6 | 19.6 | 14.3 | -7.2% |
Top Export Markets for Brass Tubes and Pipes from Greece in 2022:
- Italy (1247.2 tons)
- Germany (267.7 tons)
- Turkey (96.9 tons)
- Czech Republic (36.8 tons)
- Belgium (29.2 tons)
Imports of Brass Tubes and Pipes in Greece
In 2022, approx. 64 tons of tubes and pipes of copper-zinc base alloys (brass) were imported into Greece; shrinking by -44.3% compared with the year before. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 3.5%.
In value terms, brass tubes and pipes imports shrank notably to $672K in 2022. In general, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 14%.
| Import of Brass Tubes and Pipes in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 522 | 447 | 313 | 307 | -16.2% |
| Italy | 430 | 296 | 650 | 295 | -11.8% |
| United Kingdom | 56.1 | 123 | 51.7 | 62.0 | 3.4% |
| Others | 24.0 | 32.0 | 13.9 | 8.3 | -29.8% |
| Total | 1,033 | 899 | 1,028 | 672 | -13.4% |
Top Suppliers of Brass Tubes and Pipes to Greece in 2022:
- Italy (33.9 tons)
- Germany (24.2 tons)
- United Kingdom (5.0 tons)
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