Price for Nickel; Tube and Pipe Fittings in New Zealand - 2023

Contents:

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

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

The average import price for nickel; tube and pipe fittingses stood at $33,088 per ton in 2022, reducing by -25.9% against the previous year. In general, the import price recorded a abrupt decline. The growth pace was the most rapid in 2017 an increase of 238%. Over the period under review, average import prices hit record highs at $63,465 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($709,000 per ton), while the price for Taiwan (Chinese) ($8,550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+123.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tube and pipe fittingses stood at $9,885 per ton in 2022, waning by -63.4% against the previous year. In general, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2019 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $59,429 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 French Polynesia ($31,250 per ton), while the average price for exports to Tonga ($673 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+79.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tube and Pipe Fittings in New Zealand

In 2022, approx. 1.9 tons of nickel; tube and pipe fittingses were imported into New Zealand; with an increase of 94% on the year before. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings imports skyrocketed to $62K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Italy (1818.0 kg)
2. United States (21.0 kg)
3. Taiwan (Chinese) (20.0 kg)

Exports of Nickel; Tube and Pipe Fittings in New Zealand

In 2022, the amount of nickel; tube and pipe fittingses exported from New Zealand surged to 157 kg, jumping by 5,133% 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 surged to $1.6K in 2022. In general, exports recorded a significant expansion. 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 New Zealand in 2022:

1. Tonga (98.0 kg)
2. Australia (35.0 kg)
3. French Polynesia (24.0 kg)

Source: IndexBox Market Intelligence Platform