Price for Nickel; Tube and Pipe Fittings in Ukraine - 2022

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

The average import price for nickel; tube and pipe fittingses stood at $121,668 per ton in 2022, rising by 77% against the previous year. In general, the import price posted a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 77%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($867,200 per ton), while the price for the UK ($90,245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+68.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tube and pipe fittingses stood at $63,000 per ton in 2022, dropping by -44.6% against the previous year. Over the period under review, the export price showed a slight contraction. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. The export price peaked at $113,800 per ton in 2021, and then reduced dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +52.1% per year.

Imports of Nickel; Tube and Pipe Fittings in Ukraine

In 2022, the amount of nickel; tube and pipe fittingses imported into Ukraine reduced rapidly to 283 kg, shrinking by -79.4% compared with the previous year's figure. In general, imports saw a sharp curtailment. The smallest decline of -33.1% was in 2020.

In value terms, nickel; tube and pipe fittings imports declined sharply to $34K in 2022. Overall, imports saw a dramatic descent. The smallest decline of -4% was in 2020.

Import of Nickel; Tube and Pipe Fittings in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	2.1	5.7	7.9	21.7	117.8%
Belgium	0.1	0.3	0.5	6.0	291.5%
Germany	0.7	11.0	5.6	4.3	83.1%
Poland	6.3	1.5	2.7	N/A	-34.5%
Italy	71.0	65.7	29.2	N/A	-35.9%
Netherlands	12.6	12.0	9.6	N/A	-12.7%
Others	15.8	8.3	39.2	2.3	-47.4%
Total	109	104	94.7	34.4	-31.9%

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

United Kingdom (241.0 kg)
Belgium (33.0 kg)
Germany (5.0 kg)

Exports of Nickel; Tube and Pipe Fittings in Ukraine

In 2022, shipments abroad of nickel; tube and pipe fittingses decreased by -99.2% to 1 kg, falling for the second year in a row after two years of growth. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 482% against the previous year. As a result, the exports attained the peak of 163 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, nickel; tube and pipe fittings exports declined sharply to $63 in 2022. Overall, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 541%. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Nickel; Tube and Pipe Fittings in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Moldova	N/A	N/A	N/A	0.1	0%
Russia	1.2	7.8	4.0	N/A	82.6%
Qatar	0.7	5.1	3.0	N/A	107.0%
Others	0.5	2.3	6.6	N/A	263.3%
Total	2.4	15.3	13.7	0.1	-65.3%