Price for Nickel; Tube and Pipe Fittings in Serbia - 2024

Contents:

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

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

In 2022, the average export price for nickel; tube and pipe fittingses amounted to $13,292 per ton, which is down by -52.5% against the previous year. In general, the export price, however, showed temperate growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 160% against the previous year. As a result, the export price attained the peak level of $27,965 per ton, and then reduced sharply in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($14,824 per ton), while the average price for exports to Bosnia and Herzegovina ($11,424 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 North Macedonia (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for nickel; tube and pipe fittingses stood at $21,210 per ton in 2022, waning by -19.9% against the previous year. Overall, the import price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 121%. Over the period under review, average import prices attained the maximum at $26,463 per ton in 2021, and then dropped markedly in the following year.

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 the United States ($42,333 per ton), while the price for Germany ($19,594 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in Serbia

In 2022, nickel; tube and pipe fittings exports from Serbia contracted notably to 2.3 tons, declining by -52% on 2021 figures. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, the exports attained the peak of 4.8 tons, and then declined sharply in the following year.

In value terms, nickel; tube and pipe fittings exports fell sharply to $31K in 2022. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 356% against the previous year. As a result, the exports reached the peak of $135K, and then dropped significantly in the following year.

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

1. Montenegro (1506.0 kg)
2. Bosnia and Herzegovina (594.0 kg)
3. North Macedonia (205.0 kg)

Imports of Nickel; Tube and Pipe Fittings in Serbia

In 2022, nickel; tube and pipe fittings imports into Serbia fell markedly to 233 kg, with a decrease of -95.7% on 2021 figures. Over the period under review, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 645%. As a result, imports attained the peak of 5.5 tons, and then fell dramatically in the following year.

In value terms, nickel; tube and pipe fittings imports reduced dramatically to $4.9K in 2022. Overall, imports recorded a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 1,434% against the previous year. As a result, imports reached the peak of $145K, and then dropped sharply in the following year.

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

1. Germany (165.0 kg)
2. France (55.0 kg)
3. United States (9.0 kg)
4. Switzerland (4.0 kg)

Source: IndexBox Market Intelligence Platform