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

Contents:

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

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

The average import price for nickel; tube and pipe fittingses stood at $37,869 per ton in 2022, almost unchanged from the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 64% against the previous year. The import price peaked at $38,093 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($143,326 per ton), while the price for Belgium ($8,298 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 (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; tube and pipe fittingses amounted to $14,389 per ton, picking up by 139% against the previous year. Overall, the export price, however, continues to indicate a pronounced decrease. The export price peaked at $37,952 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($678,500 per ton), while the average price for exports to France ($5,032 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 Saudi Arabia (-9.4%).

Imports of Nickel; Tube and Pipe Fittings in Luxembourg

In 2022, supplies from abroad of nickel; tube and pipe fittingses decreased by -62.1% to 1.6 tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 when imports increased by 1,275% against the previous year. As a result, imports reached the peak of 16 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; tube and pipe fittings imports fell notably to $61K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,200% against the previous year. As a result, imports reached the peak of $387K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. Germany (652.0 kg)
2. France (518.0 kg)
3. Belgium (332.0 kg)
4. United Kingdom (86.0 kg)

Exports of Nickel; Tube and Pipe Fittings in Luxembourg

In 2022, nickel; tube and pipe fittings exports from Luxembourg skyrocketed to 36 tons, increasing by 46% on 2021 figures. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 620,575%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; tube and pipe fittings exports surged to $523K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 167,563% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

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

1. France (32.3 tons)
2. Saudi Arabia (3.6 tons)

Source: IndexBox Market Intelligence Platform