Price for Nickel; Tubes and Pipes, Not Alloyed in Brazil - 2024

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Brazil (CIF) - 2022
2. Price for Nickel; Tubes and Pipes, Not Alloyed in Brazil (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, Not Alloyed in Brazil
4. Exports of Nickel; Tubes and Pipes, Not Alloyed in Brazil

Price for Nickel; Tubes and Pipes, Not Alloyed in Brazil (CIF) - 2022

The average import price for nickel; tubes and pipes, not alloyeds stood at $56,796 per ton in 2022, waning by -27.3% against the previous year. Over the period under review, the import price, however, continues to indicate a mild increase. The growth pace was the most rapid in 2015 when the average import price increased by 50%. The import price peaked at $117,338 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($307,250 per ton), while the price for Italy ($25,038 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tubes and Pipes, Not Alloyed in Brazil (FOB) - 2022

In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $162,000 per ton, waning by -2.5% against the previous year. Overall, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 16%. The export price peaked at $733,000 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($236,667 per ton), while the average price for exports to Singapore amounted to $50,000 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.2%).

Imports of Nickel; Tubes and Pipes, Not Alloyed in Brazil

In 2022, supplies from abroad of nickel; tubes and pipes, not alloyeds increased by 138% to 1.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp decline.

In value terms, imports of nickel; tubes and pipes, not alloyeds soared to $102K in 2022. Overall, imports, however, recorded a precipitous setback.

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Brazil in 2022:

1. China (1036.0 kg)
2. Italy (635.0 kg)
3. India (45.0 kg)
4. United States (44.0 kg)
5. Switzerland (9.0 kg)

Exports of Nickel; Tubes and Pipes, Not Alloyed in Brazil

In 2022, exports of nickel; tubes and pipes, not alloyeds from Brazil fell remarkably to 5 kg, shrinking by -92.8% against 2021 figures. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 6,800% against the previous year. As a result, the exports attained the peak of 69 kg, and then contracted significantly in the following year.

In value terms, exports of nickel; tubes and pipes, not alloyeds contracted sharply to $810 in 2022. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1,970%. As a result, the exports reached the peak of $11K, and then shrank notably in the following year.

Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from Brazil in 2022:

1. United States (3.0 kg)
2. Singapore (2.0 kg)

Source: IndexBox Market Intelligence Platform