Price for Nickel; Tube and Pipe Fittings in Belgium - 2023

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Belgium (FOB) - 2022
2. Price for Nickel; Tube and Pipe Fittings in Belgium (CIF) - 2022
3. Exports of Nickel; Tube and Pipe Fittings in Belgium
4. Imports of Nickel; Tube and Pipe Fittings in Belgium

Price for Nickel; Tube and Pipe Fittings in Belgium (FOB) - 2022

In 2022, the average export price for nickel; tube and pipe fittingses amounted to $111,101 per ton, growing by 6% against the previous year. Overall, the export price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 21%. The export price peaked at $130,506 per ton in 2012; however, from 2013 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 Singapore ($178,991 per ton), while the average price for exports to the Czech Republic ($33,187 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 Brazil (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Tube and Pipe Fittings in Belgium (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $48,668 per ton in 2022, which is down by -19% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $64,395 per ton. From 2021 to 2022, the average import prices remained 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 Italy ($95,354 per ton), while the price for Spain ($11,159 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in Belgium

In 2022, approx. 26 tons of nickel; tube and pipe fittingses were exported from Belgium; rising by 5.6% compared with 2021. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, nickel; tube and pipe fittings exports stood at $2.8M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Nickel; Tube and Pipe Fittings from Belgium in 2022:

1. Netherlands (5.5 tons)
2. France (4.9 tons)
3. Germany (3.5 tons)
4. United Kingdom (2.7 tons)
5. Italy (2.2 tons)
6. Spain (1.6 tons)
7. India (1.2 tons)
8. Czech Republic (1.1 tons)
9. Singapore (0.8 tons)
10. Poland (0.6 tons)
11. Thailand (0.1 tons)

Imports of Nickel; Tube and Pipe Fittings in Belgium

In 2022, imports of nickel; tube and pipe fittingses into Belgium fell sharply to 21 tons, declining by -19.9% against the year before. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year.

In value terms, nickel; tube and pipe fittings imports dropped rapidly to $1M in 2022. Overall, imports faced a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 67%.

Top Suppliers of Nickel; Tube and Pipe Fittings to Belgium in 2022:

1. Germany (4.4 tons)
2. China (4.4 tons)
3. United Kingdom (4.0 tons)
4. Netherlands (2.9 tons)
5. Italy (2.1 tons)
6. Spain (1.7 tons)
7. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform