Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Vietnam - 2022

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Vietnam (FOB) - 2022
  2. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Vietnam

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Vietnam (FOB) - 2022

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $60,607 per ton, picking up by 6.7% against the previous year. In general, the export price continues to indicate a strong increase. The growth pace was the most rapid in 2015 an increase of 60% against the previous year. The export price peaked at $65,054 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($149,250 per ton), while the average price for exports to Luxembourg ($31,739 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 Indonesia (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Vietnam

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Vietnam declined to 313 kg, with a decrease of -7.9% compared with the year before. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s shrank to $19K in 2022. Overall, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.97.40.27.2-6.8%
Lao People's Democratic Republic19.43.70.93.6-43.0%
Indonesia0.10.31.23.6230.2%
Switzerland14.02.35.31.8-49.5%
United States2.41.46.01.4-16.4%
Luxembourg1.10.61.70.7-14.0%
Malaysia3.21.12.40.6-42.8%
Japan3.9N/AN/AN/A0%
Others1.0N/A1.6N/A26.5%
Total54.116.819.319.0-29.4%

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Vietnam in 2022:

  1. Lao People's Democratic Republic (113.0 kg)
  2. China (100.0 kg)
  3. Switzerland (28.0 kg)
  4. Indonesia (24.0 kg)
  5. Luxembourg (23.0 kg)
  6. United States (16.0 kg)
  7. Malaysia (8.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - Vietnam