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

Contents:

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

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

The average export price for nickel; tubes and pipes, not alloyeds stood at $42,192 per ton in 2022, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($81,507 per ton), while the average price for exports to Austria ($35,578 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 Spain (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for nickel; tubes and pipes, not alloyeds stood at $43,464 per ton in 2022, increasing by 7.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. The import price peaked at $46,879 per ton in 2012; however, from 2013 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 Italy ($57,765 per ton), while the price for Austria ($18,781 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+158.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of nickel; tubes and pipes, not alloyeds was finally on the rise to reach 276 tons after two years of decline. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; tubes and pipes, not alloyeds soared to $12M in 2022. Overall, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (149.0 tons)
2. Austria (40.8 tons)
3. United States (20.6 tons)
4. Denmark (11.5 tons)
5. Switzerland (11.5 tons)
6. Poland (9.2 tons)
7. China (8.7 tons)
8. Netherlands (6.7 tons)
9. France (5.9 tons)
10. United Kingdom (5.6 tons)

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

In 2022, approx. 71 tons of nickel; tubes and pipes, not alloyeds were imported into Germany; surging by 9.9% compared with the previous year's figure. In general, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 13%. As a result, imports attained the peak of 98 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $3.1M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years.

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

1. France (30.1 tons)
2. Switzerland (25.4 tons)
3. Italy (6.7 tons)
4. Austria (4.0 tons)
5. Netherlands (3.0 tons)
6. Sweden (0.8 tons)
7. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform