Price for Nickel; Tube and Pipe Fittings in Iran - 2021

Contents:

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

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

The average import price for nickel; tube and pipe fittingses stood at $33,257 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 91% against the previous year. Over the period under review, average import prices attained the peak figure at $108,863 per ton in 2015; however, from 2016 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 Spain ($80,112 per ton), while the price for Malaysia ($2,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tube and pipe fittingses stood at $93,029 per ton in 2021, jumping by 22% against the previous year. Over the last six years, it increased at an average annual rate of +8.9%. The most prominent rate of growth was recorded in 2016 an increase of 28%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($235,560 per ton), while the average price for exports to Oman amounted to $24,446 per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+34.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tube and Pipe Fittings in Iran

In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; tube and pipe fittingses, when their volume increased by 275% to 9.6 tons. Overall, imports, however, showed a dramatic setback.

In value terms, nickel; tube and pipe fittings imports skyrocketed to $321K in 2022. In general, imports, however, recorded a deep reduction.

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

1. Spain (3.3 tons)
2. United Arab Emirates (1.7 tons)
3. Italy (1.1 tons)
4. China (1.0 tons)
5. Malaysia (0.8 tons)
6. Turkey (0.5 tons)
7. South Korea (0.5 tons)

Exports of Nickel; Tube and Pipe Fittings in Iran

For the third consecutive year, Iran recorded growth in shipments abroad of nickel; tube and pipe fittingses, which increased by 2,687% to 1.1 tons in 2021. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings exports surged to $101K in 2021. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Oman (734.0 kg)
2. Afghanistan (352.0 kg)

Source: IndexBox Market Intelligence Platform