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

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Qatar (CIF) - 2022
2. Imports of Nickel; Tube and Pipe Fittings in Qatar

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

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $18,104 per ton, waning by -52.5% against the previous year. In general, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 755% against the previous year. Over the period under review, average import prices hit record highs at $60,713 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Italy ($56,476 per ton), while the price for China ($2,523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Tube and Pipe Fittings in Qatar

In 2022, the amount of nickel; tube and pipe fittingses imported into Qatar skyrocketed to 234 tons, surging by 609% compared with 2021. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings imports soared to $4.2M in 2022. Over the period under review, imports showed resilient growth.

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

1. China (79.1 tons)
2. Germany (57.7 tons)
3. United Kingdom (44.4 tons)
4. United States (39.5 tons)
5. India (8.9 tons)
6. Italy (2.4 tons)

Source: IndexBox Market Intelligence Platform