Price for Nickel; Tube and Pipe Fittings in the United Arab Emirates - 2021
Contents:
- Price for Nickel; Tube and Pipe Fittings in the United Arab Emirates (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in the United Arab Emirates (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in the United Arab Emirates
- Exports of Nickel; Tube and Pipe Fittings in the United Arab Emirates
Price for Nickel; Tube and Pipe Fittings in the United Arab Emirates (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $46,939 per ton in 2022, declining by -15.7% against the previous year. Over the period under review, the import price showed a slight descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 53% against the previous year. The import price peaked at $75,298 per ton in 2018; however, from 2019 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 the UK ($372,267 per ton), while the price for India ($16,932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in the United Arab Emirates (FOB) - 2022
The average export price for nickel; tube and pipe fittingses stood at $21,084 per ton in 2022, falling by -50.1% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 58%. As a result, the export price attained the peak level of $91,878 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($127,817 per ton), while the average price for exports to South Sudan ($2,352 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 Nigeria (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Tube and Pipe Fittings in the United Arab Emirates
In 2022, supplies from abroad of nickel; tube and pipe fittingses was finally on the rise to reach 254 tons after two years of decline. In general, imports, however, continue to indicate a sharp slump.
In value terms, nickel; tube and pipe fittings imports skyrocketed to $12M in 2022. Over the period under review, imports, however, faced a sharp curtailment.
| Import of Nickel; Tube and Pipe Fittings in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.2 | 2.0 | 1.0 | 4.8 | -12.6% |
| China | 0.2 | 0.6 | 1.2 | 1.7 | 104.1% |
| Germany | 2.2 | 0.8 | 1.3 | 1.3 | -16.1% |
| Singapore | 0.5 | 0.5 | 0.2 | 0.5 | 0.0% |
| Spain | N/A | N/A | N/A | 0.4 | 0% |
| South Korea | 0.8 | 1.5 | 0.4 | 0.3 | -27.9% |
| India | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Austria | 0.9 | 1.3 | 0.1 | N/A | -66.7% |
| Others | 12.1 | 8.0 | 3.5 | 2.7 | -39.3% |
| Total | 24.1 | 14.8 | 7.7 | 11.9 | -21.0% |
Top Suppliers of Nickel; Tube and Pipe Fittings to the United Arab Emirates in 2022:
- Italy (91.5 tons)
- China (85.3 tons)
- Spain (20.8 tons)
- Germany (13.4 tons)
- India (11.8 tons)
- South Korea (10.0 tons)
- Singapore (6.6 tons)
Exports of Nickel; Tube and Pipe Fittings in the United Arab Emirates
In 2022, exports of nickel; tube and pipe fittingses from the United Arab Emirates soared to 157 tons, picking up by 184% compared with the year before. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 309%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, nickel; tube and pipe fittings exports surged to $3.3M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Nickel; Tube and Pipe Fittings in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.4 | N/A | N/A | 879 | 484.6% |
| Saudi Arabia | 35.0 | 17.9 | 6.2 | 556 | 151.4% |
| Iraq | N/A | N/A | N/A | 403 | 0% |
| Oman | 907 | 739 | 340 | 303 | -30.6% |
| United States | N/A | N/A | N/A | 290 | 0% |
| India | 100 | 81.8 | 688 | 286 | 41.9% |
| South Sudan | N/A | N/A | N/A | 24.0 | 0% |
| Somalia | N/A | N/A | N/A | 10.9 | 0% |
| Nigeria | N/A | N/A | 973 | 0.5 | -99.9% |
| Others | 214 | 178 | 320 | 550 | 37.0% |
| Total | 1,260 | 1,017 | 2,328 | 3,302 | 37.9% |
Top Export Markets for Nickel; Tube and Pipe Fittings from the United Arab Emirates in 2022:
- Nigeria (undefined tons)
- Iraq (107.6 tons)
- South Sudan (10.2 tons)
- Saudi Arabia (7.1 tons)
- Singapore (6.9 tons)
- Oman (4.2 tons)
- India (3.3 tons)
- United States (2.5 tons)
- Somalia (2.5 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the United Arab Emirates.
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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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