Price for Nickel; Tubes and Pipes, Not Alloyed in Pakistan - 2022

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Pakistan (CIF) - 2022
2. Imports of Nickel; Tubes and Pipes, Not Alloyed in Pakistan

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $22,982 per ton, rising by 43% against the previous year. Overall, the import price, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 72%. The import price peaked at $36,751 per ton in 2012; however, from 2013 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 Italy ($30,000 per ton), while the price for the United States ($7,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of nickel; tubes and pipes, not alloyeds decreased by -35.7% to 2.2 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 231% against the previous year.

In value terms, imports of nickel; tubes and pipes, not alloyeds reduced to $51K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year.

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

1. China (1994.0 kg)
2. Germany (121.0 kg)
3. United States (27.0 kg)

Source: IndexBox Market Intelligence Platform