Price for Nickel; Tubes and Pipes, Not Alloyed in Denmark - 2023

Contents:

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

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $48,556 per ton, surging by 14% against the previous year. In general, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 779% against the previous year. The import price peaked at $97,500 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Afghanistan ($85,772 per ton), while the price for Germany ($44,559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $19,944 per ton, surging by 41% against the previous year. In general, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 384% against the previous year. As a result, the export price reached the peak level of $31,094 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($38,613 per ton), while the average price for exports to the Philippines ($5,270 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 Greenland (+19.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of nickel; tubes and pipes, not alloyeds decreased by -52.6% to 4.1 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,148,500% against the previous year. As a result, imports attained the peak of 63 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; tubes and pipes, not alloyeds declined remarkably to $199K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 156,877% against the previous year.

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

1. Germany (3.9 tons)
2. Afghanistan (0.1 tons)

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

In 2022, exports of nickel; tubes and pipes, not alloyeds from Denmark contracted sharply to 72 kg, shrinking by -82.8% on the previous year. Overall, exports saw a significant decline. The smallest decline of -8.9% was in 2020.

In value terms, exports of nickel; tubes and pipes, not alloyeds declined sharply to $1.4K in 2022. In general, exports recorded a precipitous slump. The smallest decline of -30% was in 2020.

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

1. Philippines (37.0 kg)
2. Greenland (31.0 kg)
3. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform