Price for Nickel; Tube and Pipe Fittings in the Czech Republic - 2023

Contents:

  1. Price for Nickel; Tube and Pipe Fittings in the Czech Republic (FOB) - 2023
  2. Price for Nickel; Tube and Pipe Fittings in the Czech Republic (CIF) - 2022
  3. Exports of Nickel; Tube and Pipe Fittings in the Czech Republic
  4. Imports of Nickel; Tube and Pipe Fittings in the Czech Republic

Price for Nickel; Tube and Pipe Fittings in the Czech Republic (FOB) - 2023

In July 2023, the average export price for nickel; tube and pipe fittingses amounted to $84,419 per ton, surging by 22% against the previous month. Over the period under review, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in January 2023 an increase of 90% against the previous month. The export price peaked at $113K per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From July 2022 to July 2023, the rate of growth in terms of prices for Malaysia amounted to +13.2% per month.

Price for Nickel; Tube and Pipe Fittings in the Czech Republic (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $76,908 per ton in 2022, with an increase of 19% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 51%. The import price peaked at $138,239 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($599,506 per ton), while the price for Poland ($23,245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in overseas shipments of nickel; tube and pipe fittingses, which increased by 117% to 114 tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 214%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, nickel; tube and pipe fittings exports soared to $5.8M in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 304% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Nickel; Tube and Pipe Fittings in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/A1.14.9345.5%
Malaysia0.30.61.30.838.7%
Slovakia0.1N/AN/AN/A0%
Others0.1N/A0.1N/A0.0%
Total0.50.62.45.8126.4%

Top Export Markets for Nickel; Tube and Pipe Fittings from the Czech Republic in 2022:

  1. Spain (90.3 tons)
  2. Malaysia (22.9 tons)

Imports of Nickel; Tube and Pipe Fittings in the Czech Republic

In 2022, imports of nickel; tube and pipe fittingses into the Czech Republic dropped notably to 8.1 tons, reducing by -37.5% compared with the previous year's figure. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 210%. As a result, imports attained the peak of 13 tons, and then declined markedly in the following year.

In value terms, nickel; tube and pipe fittings imports contracted remarkably to $626K in 2022. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 116%. As a result, imports attained the peak of $839K, and then reduced dramatically in the following year.

Import of Nickel; Tube and Pipe Fittings in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.4250340262102.8%
United States81.645.961.214721.7%
Poland0.6N/A46.772.1393.5%
Belgium39.528.543.971.822.0%
United Kingdom2.81.312.931.5124.1%
Italy39353.837.519.6-63.2%
China9.10.715.33.7-25.9%
Netherlands81.3N/A2672.3-69.5%
Others12.18.514.015.99.5%
Total652388839626-1.3%

Top Suppliers of Nickel; Tube and Pipe Fittings to the Czech Republic in 2022:

  1. Poland (3103.0 kg)
  2. Germany (2073.0 kg)
  3. Belgium (1986.0 kg)
  4. Italy (304.0 kg)
  5. United States (245.0 kg)
  6. United Kingdom (201.0 kg)
  7. China (76.0 kg)
  8. Netherlands (62.0 kg)

Source: IndexBox Market Intelligence Platform

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