Price for Nickel; Tube and Pipe Fittings in Finland - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in Finland (CIF) - 2023
- Price for Nickel; Tube and Pipe Fittings in Finland (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Finland
- Exports of Nickel; Tube and Pipe Fittings in Finland
Price for Nickel; Tube and Pipe Fittings in Finland (CIF) - 2023
The average import price for nickel; tube and pipe fittingses stood at $68,049 per ton in July 2023, jumping by 61% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 110% month-to-month. Over the period under review, average import prices attained the peak figure at $106K per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($171K per ton), while the price for Germany amounted to $45,693 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+17.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Tube and Pipe Fittings in Finland (FOB) - 2022
The average export price for nickel; tube and pipe fittingses stood at $46,684 per ton in 2022, shrinking by -48.8% against the previous year. In general, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2020 an increase of 110%. The export price peaked at $91,248 per ton in 2021, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($113,563 per ton), while the average price for exports to Estonia ($34,696 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 Uruguay (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Finland
After two years of decline, purchases abroad of nickel; tube and pipe fittingses increased by 21% to 18 tons in 2022. In general, imports, however, recorded a noticeable downturn.
In value terms, nickel; tube and pipe fittings imports skyrocketed to $837K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 46% against the previous year. As a result, imports attained the peak of $946K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Nickel; Tube and Pipe Fittings in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 434 | 416 | 458 | 726 | 18.7% |
| Sweden | 17.1 | 16.2 | 18.6 | 24.5 | 12.7% |
| China | 49.1 | N/A | 0.6 | 0.2 | -84.0% |
| Others | 148 | 513 | 139 | 85.7 | -16.6% |
| Total | 648 | 946 | 617 | 837 | 8.9% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Finland in 2022:
- China (undefined tons)
- Germany (16.5 tons)
- Sweden (1.0 tons)
Exports of Nickel; Tube and Pipe Fittings in Finland
After three years of growth, overseas shipments of nickel; tube and pipe fittingses decreased by -5% to 1.4 tons in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 100% against the previous year. As a result, the exports reached the peak of 1.5 tons, and then shrank modestly in the following year.
In value terms, nickel; tube and pipe fittings exports shrank notably to $65K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 179%.
| Export of Nickel; Tube and Pipe Fittings in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 14.2 | 9.7 | 36.0 | 34.4 | 34.3% |
| Uruguay | 0.6 | N/A | 0.2 | 7.3 | 130.0% |
| Lithuania | N/A | 18.4 | 5.0 | 4.5 | -50.5% |
| Poland | 1.2 | 3.0 | 4.7 | 4.2 | 51.8% |
| United Kingdom | N/A | 0.1 | N/A | 2.1 | 358.3% |
| China | 0.2 | 0.8 | N/A | 1.8 | 108.0% |
| Czech Republic | 1.9 | 4.0 | N/A | 1.4 | -9.7% |
| Singapore | N/A | N/A | 80.9 | 0.5 | -99.4% |
| Others | 4.4 | 27.1 | 6.7 | 8.7 | 25.5% |
| Total | 22.6 | 63.1 | 133 | 64.9 | 42.1% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Finland in 2022:
- Estonia (991.0 kg)
- Poland (85.0 kg)
- Lithuania (74.0 kg)
- Uruguay (64.0 kg)
- China (47.0 kg)
- United Kingdom (29.0 kg)
- Singapore (8.0 kg)
- Czech Republic (2.0 kg)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Finland.
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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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