Price for Nickel; Tubes and Pipes, Not Alloyed in Italy - 2023
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in Italy (FOB) - 2022
- Price for Nickel; Tubes and Pipes, Not Alloyed in Italy (CIF) - 2023
- Exports of Nickel; Tubes and Pipes, Not Alloyed in Italy
- Imports of Nickel; Tubes and Pipes, Not Alloyed in Italy
Price for Nickel; Tubes and Pipes, Not Alloyed in Italy (FOB) - 2022
The average export price for nickel; tubes and pipes, not alloyeds stood at $45,101 per ton in 2022, surging by 17% against the previous year. In general, the export price showed mild growth. The most prominent rate of growth was recorded in 2020 an increase of 20%. The export price peaked at $46,698 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($97,236 per ton), while the average price for exports to the Czech Republic ($36,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, Not Alloyed in Italy (CIF) - 2023
In November 2023, the average import price for nickel; tubes and pipes, not alloyeds amounted to $38,086 per ton, shrinking by -6.7% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 134% m-o-m. As a result, import price reached the peak level of $105K per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From December 2022 to November 2023, the rate of growth in terms of prices for the UK amounted to +17.0% per month.
Exports of Nickel; Tubes and Pipes, Not Alloyed in Italy
In 2022, the amount of nickel; tubes and pipes, not alloyeds exported from Italy skyrocketed to 156 tons, increasing by 38% compared with 2021 figures. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 63%.
In value terms, exports of nickel; tubes and pipes, not alloyeds skyrocketed to $7.1M in 2022. In general, exports enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 64%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Nickel; Tubes and Pipes, Not Alloyed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 393 | N/A | 90.7 | 2,424 | 83.4% |
| Switzerland | 668 | 1,018 | 58.0 | 1,418 | 28.5% |
| Denmark | 667 | 508 | 690 | 710 | 2.1% |
| Thailand | N/A | N/A | N/A | 639 | 0% |
| Germany | 820 | 585 | 349 | 523 | -13.9% |
| Czech Republic | 3.2 | 11.8 | 17.3 | 451 | 420.4% |
| United Kingdom | 417 | 220 | 119 | 372 | -3.7% |
| Japan | N/A | 128 | 2,563 | 158 | 11.1% |
| Belgium | 716 | 29.0 | N/A | 90.9 | -49.7% |
| France | 336 | 46.8 | 75.3 | 44.0 | -49.2% |
| Netherlands | 311 | 6.2 | 72.2 | 28.3 | -55.0% |
| India | 281 | N/A | 140 | N/A | -29.4% |
| Others | 414 | 102 | 190 | 194 | -22.3% |
| Total | 5,025 | 2,655 | 4,364 | 7,052 | 12.0% |
Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from Italy in 2022:
- China (46.7 tons)
- Switzerland (34.0 tons)
- Denmark (19.4 tons)
- Thailand (13.7 tons)
- Czech Republic (12.4 tons)
- Germany (11.2 tons)
- United Kingdom (9.4 tons)
- Japan (3.4 tons)
- Belgium (2.0 tons)
- Netherlands (0.5 tons)
- France (0.5 tons)
Imports of Nickel; Tubes and Pipes, Not Alloyed in Italy
In 2022, imports of nickel; tubes and pipes, not alloyeds into Italy skyrocketed to 147 tons, increasing by 30% against the previous year's figure. In general, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 147% against the previous year. As a result, imports reached the peak of 289 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $4.9M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 397% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Nickel; Tubes and Pipes, Not Alloyed in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.8 | 6.0 | 3.2 | 4.7 | 37.7% |
| Switzerland | N/A | N/A | N/A | 0.1 | 0% |
| Spain | N/A | 0.6 | N/A | N/A | 0% |
| China | 0.1 | N/A | N/A | N/A | 0% |
| France | N/A | 0.5 | N/A | N/A | 0% |
| Netherlands | N/A | 0.6 | 0.1 | N/A | -83.3% |
| Others | 0.1 | 2.4 | 0.1 | 0.1 | 0.0% |
| Total | 2.0 | 10.1 | 3.4 | 4.9 | 34.8% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Italy in 2022:
- Germany (143.1 tons)
- Switzerland (2.3 tons)
- France (0.8 tons)
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