Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico (CIF) - 2023
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico (FOB) - 2023
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico (CIF) - 2023
In December 2023, the average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $23,278 per ton, growing by 41% against the previous month. Overall, import price indicated perceptible growth from December 2022 to December 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver increased by +94.3% against August 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 75% m-o-m. Over the period under review, average import prices attained the peak figure in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($26,843 per ton), while the price for China ($8,681 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+16.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico (FOB) - 2023
In November 2023, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $36,870 per ton, rising by 65% against the previous month. In general, the export price posted strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to +7.3% per month.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico
In 2022, purchases abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -76.3% to 688 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 154%. As a result, imports reached the peak of 4.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver shrank notably to $11M in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 152%. As a result, imports reached the peak of $43M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.6 | 41.9 | 26.6 | 9.0 | -10.6% |
| South Korea | 0.1 | 0.2 | 0.2 | 0.9 | 108.0% |
| China | 3.8 | 1.1 | 1.0 | 0.9 | -38.1% |
| Others | 0.8 | 0.3 | 0.2 | 0.4 | -20.6% |
| Total | 17.3 | 43.5 | 27.9 | 11.1 | -13.8% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Mexico in 2022:
- United States (539.9 tons)
- China (71.6 tons)
- South Korea (61.6 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico
In 2022, shipments abroad of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver decreased by -19.6% to 243 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 30% against the previous year.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver skyrocketed to $3.6M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 3.2 | 2.2 | 3.6 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 3.2 | 2.2 | 3.6 | 14.5% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Mexico in 2022:
- United States (242.7 tons)
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880
In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
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