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

Contents:

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

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

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $18,653 per ton, which is down by -6.4% against the previous year. Over the period under review, the import price, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 an increase of 58% against the previous year. The import price peaked at $19,933 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($32,578 per ton), while the price for China ($6,627 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; tube and pipe fittingses amounted to $19,620 per ton, declining by -46.4% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 78% against the previous year. As a result, the export price reached the peak level of $135,718 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($60,188 per ton), while the average price for exports to Brunei Darussalam ($3,295 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 Indonesia (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tube and Pipe Fittings in Malaysia

In 2022, the amount of nickel; tube and pipe fittingses imported into Malaysia contracted to 259 tons, falling by -1.7% compared with the year before. Overall, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3.3%.

In value terms, nickel; tube and pipe fittings imports declined to $4.8M in 2022. Over the period under review, imports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 27%.

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

1. United States (72.3 tons)
2. Singapore (57.9 tons)
3. Czech Republic (25.2 tons)
4. Japan (23.7 tons)
5. China (22.9 tons)
6. Germany (22.6 tons)
7. Austria (5.3 tons)
8. South Korea (5.3 tons)
9. United Kingdom (4.8 tons)
10. Australia (1.1 tons)
11. Taiwan (Chinese) (0.3 tons)

Exports of Nickel; Tube and Pipe Fittings in Malaysia

Nickel; tube and pipe fittings exports from Malaysia soared to 99 tons in 2022, jumping by 605% on the previous year's figure. Over the period under review, exports recorded a significant expansion. 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 skyrocketed to $1.9M in 2022. In general, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Australia (39.2 tons)
2. Brunei Darussalam (16.0 tons)
3. Oman (10.2 tons)
4. Indonesia (9.9 tons)
5. Singapore (7.5 tons)
6. United States (4.3 tons)
7. Kazakhstan (3.5 tons)
8. Kuwait (0.3 tons)

Source: IndexBox Market Intelligence Platform