Price for Nickel; Tube and Pipe Fittings in Argentina - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in Argentina (CIF) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Argentina
Price for Nickel; Tube and Pipe Fittings in Argentina (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $132,960 per ton in 2022, increasing by 286% against the previous year. In general, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2016 an increase of 521% against the previous year. Over the period under review, average import prices hit record highs at $199,162 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($222,906 per ton), while the price for China ($25,694 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Argentina
In 2022, purchases abroad of nickel; tube and pipe fittingses decreased by -52.4% to 8.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 655% against the previous year. As a result, imports reached the peak of 17 tons, and then declined rapidly in the following year.
In value terms, nickel; tube and pipe fittings imports surged to $1.1M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 495%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Tube and Pipe Fittings in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.2 | 0.5 | N/A | 472 | 1231.4% |
| United States | 72.9 | 24.0 | 73.9 | 455 | 84.1% |
| China | 35.7 | 10.7 | 306 | 50.0 | 11.9% |
| South Korea | N/A | N/A | N/A | 46.6 | 0% |
| Italy | 16.5 | 4.9 | 62.1 | 44.0 | 38.7% |
| Saudi Arabia | N/A | N/A | N/A | 16.3 | 0% |
| Brazil | N/A | 54.2 | N/A | N/A | 0% |
| Others | 15.4 | 6.9 | 160 | 20.4 | 9.8% |
| Total | 141 | 101 | 602 | 1,105 | 98.6% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Argentina in 2022:
- United States (2.3 tons)
- India (2.1 tons)
- China (1.9 tons)
- South Korea (1.3 tons)
- Italy (0.5 tons)
- Saudi Arabia (0.1 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Argentina.
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Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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