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

Contents:

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

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

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $445,762 per ton, surging by 40% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 98%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,140,582 per ton), while the price for China ($54,942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tube and pipe fittingses stood at $307,949 per ton in 2022, surging by 75% against the previous year. In general, the export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 251%. Over the period under review, the average export prices hit record highs at $413,373 per ton in 2019; however, from 2020 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 the UK ($694,288 per ton), while the average price for exports to Argentina ($30,889 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 (+183.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Tube and Pipe Fittings in Brazil

In 2022, the amount of nickel; tube and pipe fittingses imported into Brazil dropped rapidly to 8.8 tons, reducing by -20.9% on 2021. Overall, imports recorded a precipitous shrinkage. The smallest decline of -16.2% was in 2020.

In value terms, nickel; tube and pipe fittings imports rose significantly to $3.9M in 2022. In general, imports continue to indicate a abrupt slump.

Import of Nickel; Tube and Pipe Fittings in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,3812,0692,0462,636-8.0%
United Kingdom56660879877711.1%
France5.5230205187224.0%
China58.132315998.019.0%
India28.280.175.950.421.4%
Italy29032.215546.9-45.5%
Singapore462N/A27.330.9-59.4%
Others95.810372.892.1-1.3%
Total4,8863,4453,5403,918-7.1%

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

  1. United Kingdom (2.9 tons)
  2. United States (2.3 tons)
  3. China (1.8 tons)
  4. Italy (0.6 tons)
  5. France (0.6 tons)
  6. Singapore (0.1 tons)
  7. India (0.1 tons)

Exports of Nickel; Tube and Pipe Fittings in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; tube and pipe fittingses, when their volume decreased by -39.8% to 1.5 tons. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,435% against the previous year.

In value terms, nickel; tube and pipe fittings exports rose remarkably to $463K in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,280%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Nickel; Tube and Pipe Fittings in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.6204328235141.9%
ChinaN/A16.923.280.7118.5%
United KingdomN/A13.63.145.883.5%
FranceN/AN/AN/A42.10%
NorwayN/AN/A5.832.0451.7%
MexicoN/AN/A0.410.02400.0%
ItalyN/AN/A19.70.9-95.4%
Taiwan (Chinese)N/AN/A42.10.9-97.9%
ArgentinaN/A52.32.50.6-89.3%
GuyanaN/AN/A4.8N/A0%
Others4.54.08.214.748.4%
Total21.1291438463180.0%

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

  1. United States (781.0 kg)
  2. France (262.0 kg)
  3. China (178.0 kg)
  4. Norway (113.0 kg)
  5. United Kingdom (66.0 kg)
  6. Mexico (36.0 kg)
  7. Argentina (18.0 kg)
  8. Italy (4.0 kg)
  9. Taiwan (Chinese) (4.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tube and pipe fittings - Brazil