Price for Nickel; Tube and Pipe Fittings in Australia - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in Australia (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in Australia (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Australia
- Exports of Nickel; Tube and Pipe Fittings in Australia
Price for Nickel; Tube and Pipe Fittings in Australia (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $139,071 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2021 an increase of 125% against the previous year. The import price peaked at $151,251 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($300,247 per ton), while the price for Spain ($31,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in Australia (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $41,729 per ton, increasing by 22% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 119% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($65,678 per ton), while the average price for exports to New Zealand ($6,584 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 Tanzania (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Australia
In 2022, approx. 8.7 tons of nickel; tube and pipe fittingses were imported into Australia; increasing by 34% against the previous year. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 711% against the previous year. As a result, imports reached the peak of 44 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; tube and pipe fittings imports soared to $1.2M in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 261% against the previous year. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nickel; Tube and Pipe Fittings in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 552 | 329 | 526 | 411 | -9.4% |
| Malaysia | N/A | N/A | N/A | 299 | 0% |
| United Kingdom | 18.1 | N/A | 106 | 185 | 117.0% |
| Italy | 44.2 | 56.7 | 55.8 | 138 | 46.2% |
| Canada | 13.4 | 4.7 | 23.8 | 69.6 | 73.2% |
| China | 2.8 | 19.0 | 35.8 | 56.2 | 171.8% |
| Germany | 10.8 | 88.2 | 105 | 35.2 | 48.3% |
| Spain | 33.6 | 36.8 | 1.3 | 1.9 | -61.6% |
| Japan | 2.2 | 2,110 | 4.4 | 1.5 | -12.0% |
| Others | 72.0 | 54.7 | 41.1 | 15.1 | -40.6% |
| Total | 749 | 2,699 | 899 | 1,212 | 17.4% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Australia in 2022:
- Italy (2751.0 kg)
- United States (1878.0 kg)
- China (1518.0 kg)
- Malaysia (996.0 kg)
- United Kingdom (881.0 kg)
- Germany (295.0 kg)
- Canada (272.0 kg)
- Spain (60.0 kg)
- Japan (40.0 kg)
Exports of Nickel; Tube and Pipe Fittings in Australia
In 2022, approx. 36 tons of nickel; tube and pipe fittingses were exported from Australia; with an increase of 122% against the previous year. In general, exports, however, recorded a deep contraction.
In value terms, nickel; tube and pipe fittings exports surged to $1.5M in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 368% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Nickel; Tube and Pipe Fittings in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | 5.4 | N/A | 1,351 | 1481.7% |
| United States | 0.1 | 8.7 | N/A | 58.2 | 734.9% |
| United Kingdom | N/A | N/A | 486 | 54.0 | -88.9% |
| Papua New Guinea | 0.2 | 22.0 | 29.2 | 25.8 | 405.3% |
| New Zealand | 231 | 31.8 | 13.0 | 12.9 | -61.8% |
| Cook Islands | 36.6 | N/A | N/A | N/A | 0% |
| Indonesia | 66.0 | N/A | 6.6 | N/A | -68.4% |
| Others | 14.9 | 51.7 | 24.4 | 8.3 | -17.7% |
| Total | 349 | 120 | 559 | 1,511 | 63.0% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Australia in 2022:
- Singapore (28.6 tons)
- Papua New Guinea (2.2 tons)
- United Kingdom (2.1 tons)
- New Zealand (2.0 tons)
- United States (0.9 tons)
285
This report provides an in-depth analysis of the market for nickel pipes and fittings in Australia.
452
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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