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

Contents:

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

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

In 2022, the average export price for nickel; tube and pipe fittingses amounted to $212,001 per ton, growing by 4.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 90% against the previous year. Over the period under review, the average export prices reached the peak figure at $336,575 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($1,839,843 per ton), while the average price for exports to the Netherlands ($109,067 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 India (+2.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $211,602 per ton, surging by 37% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 67% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($648,076 per ton), while the price for Serbia ($25,254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in Switzerland

Nickel; tube and pipe fittings exports from Switzerland rose significantly to 7.5 tons in 2022, picking up by 8.8% against 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.5% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 61%. As a result, the exports attained the peak of 9.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nickel; tube and pipe fittings exports expanded remarkably to $1.6M in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. India (2271.0 kg)
2. France (2184.0 kg)
3. China (1118.0 kg)
4. Germany (742.0 kg)
5. Netherlands (299.0 kg)
6. United States (202.0 kg)
7. Denmark (134.0 kg)

Imports of Nickel; Tube and Pipe Fittings in Switzerland

Nickel; tube and pipe fittings imports into Switzerland skyrocketed to 9.2 tons in 2022, picking up by 33% compared with the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2020 indices. 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 skyrocketed to $1.9M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (6.3 tons)
2. United States (0.9 tons)
3. United Kingdom (0.8 tons)
4. Italy (0.3 tons)
5. France (0.3 tons)
6. China (0.3 tons)
7. India (0.1 tons)
8. Serbia (0.1 tons)

Source: IndexBox Market Intelligence Platform