Price for Nickel; Tubes and Pipes, Not Alloyed in Austria - 2023

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Austria (CIF) - 2022
2. Price for Nickel; Tubes and Pipes, Not Alloyed in Austria (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, Not Alloyed in Austria
4. Exports of Nickel; Tubes and Pipes, Not Alloyed in Austria

Price for Nickel; Tubes and Pipes, Not Alloyed in Austria (CIF) - 2022

The average import price for nickel; tubes and pipes, not alloyeds stood at $52,620 per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2014 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $66,307 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($77,842 per ton), while the price for Germany ($46,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tubes and Pipes, Not Alloyed in Austria (FOB) - 2022

The average export price for nickel; tubes and pipes, not alloyeds stood at $71,497 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 446%. The export price peaked at $228,420 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -8.5% per year.

Imports of Nickel; Tubes and Pipes, Not Alloyed in Austria

In 2022, imports of nickel; tubes and pipes, not alloyeds into Austria skyrocketed to 4.7 tons, rising by 63% on 2021 figures. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 168% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, not alloyeds skyrocketed to $245K in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 209% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Austria in 2022:

1. United Kingdom (2.4 tons)
2. Germany (2.2 tons)
3. Switzerland (0.1 tons)

Exports of Nickel; Tubes and Pipes, Not Alloyed in Austria

In 2022, shipments abroad of nickel; tubes and pipes, not alloyeds decreased by 0% to 2.4 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 4,214%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nickel; tubes and pipes, not alloyeds totaled $169K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 679%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from Austria in 2022:

1. United Arab Emirates (2.4 tons)

Source: IndexBox Market Intelligence Platform