Price for Nickel; Tube and Pipe Fittings in Norway - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in Norway (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in Norway (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Norway
- Exports of Nickel; Tube and Pipe Fittings in Norway
Price for Nickel; Tube and Pipe Fittings in Norway (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $80,291 per ton in 2022, declining by -18.4% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by 120%. Over the period under review, average import prices attained the peak figure at $126,198 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($261,661 per ton), while the price for Sweden ($19,807 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in Norway (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $94,611 per ton, remaining constant against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 117% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,119,500 per ton), while the average price for exports to Sweden ($31,581 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 Poland (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Norway
After two years of decline, purchases abroad of nickel; tube and pipe fittingses increased by 26% to 19 tons in 2022. Overall, imports, however, saw a noticeable contraction.
In value terms, nickel; tube and pipe fittings imports stood at $1.5M in 2022. In general, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.
| Import of Nickel; Tube and Pipe Fittings in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 773 | 606 | 624 | 851 | 3.3% |
| United States | 468 | 337 | 454 | 262 | -17.6% |
| Sweden | 73.2 | 22.0 | 93.6 | 57.1 | -7.9% |
| Romania | 21.5 | N/A | N/A | 54.1 | 36.0% |
| Italy | 62.3 | 111 | 41.9 | 41.2 | -12.9% |
| China | 5.6 | 27.7 | 16.5 | 39.2 | 91.3% |
| Germany | 57.2 | 57.3 | 15.3 | 23.1 | -26.1% |
| Denmark | 42.1 | 36.8 | 5.5 | 4.8 | -51.5% |
| Netherlands | 119 | 10.3 | N/A | 1.8 | -75.3% |
| Others | 104 | 94.6 | 202 | 165 | 16.6% |
| Total | 1,726 | 1,303 | 1,453 | 1,499 | -4.6% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Norway in 2022:
- Netherlands (undefined tons)
- United Kingdom (11.8 tons)
- Sweden (2.9 tons)
- Romania (1.1 tons)
- United States (1.0 tons)
- China (0.6 tons)
- Germany (0.3 tons)
- Italy (0.2 tons)
- Denmark (0.1 tons)
Exports of Nickel; Tube and Pipe Fittings in Norway
In 2022, the amount of nickel; tube and pipe fittingses exported from Norway contracted to 1.3 tons, declining by -4.6% on the year before. In general, exports recorded a significant contraction.
In value terms, nickel; tube and pipe fittings exports reduced slightly to $125K in 2022. Over the period under review, exports saw a dramatic decline.
| Export of Nickel; Tube and Pipe Fittings in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 14.5 | 15.1 | 97.5 | 24.7 | 19.4% |
| Germany | 33.6 | 1.8 | 1.3 | 17.0 | -20.3% |
| Angola | N/A | 5.7 | 9.1 | 13.7 | 55.0% |
| China | 43.1 | 0.2 | N/A | 12.2 | -34.3% |
| Sweden | 2.8 | 0.2 | 0.7 | 12.1 | 62.9% |
| Czech Republic | N/A | N/A | 1.3 | 6.8 | 423.1% |
| Singapore | 29.5 | 0.5 | 2.7 | 4.3 | -47.4% |
| Denmark | 16.4 | 3.9 | 1.7 | 2.4 | -47.3% |
| Vietnam | 543 | 0.1 | N/A | N/A | -100.0% |
| Malaysia | 96.0 | 39.9 | 0.5 | N/A | -92.8% |
| Tunisia | 45.4 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 38.0 | 0.1 | 0.5 | N/A | -88.5% |
| Others | 167 | 71.0 | 15.5 | 31.5 | -42.7% |
| Total | 1,029 | 139 | 131 | 125 | -50.5% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Norway in 2022:
- Sweden (382.0 kg)
- United Kingdom (227.0 kg)
- Germany (185.0 kg)
- China (129.0 kg)
- Angola (89.0 kg)
- Singapore (76.0 kg)
- Denmark (68.0 kg)
- Czech Republic (60.0 kg)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Norway.
453
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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