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

Contents:

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

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $34,891 per ton, picking up by 40% against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 67% against the previous year. The import price peaked at $72,864 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($34,881 per ton), while the price for Kuwait totaled $34,879 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tubes and pipes, not alloyeds stood at $76,296 per ton in 2022, dropping by -10.5% against the previous year. In general, the export price, however, showed temperate growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 45%. The export price peaked at $85,219 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($137,424 per ton), while the average price for exports to the Czech Republic ($61,000 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 France (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of nickel; tubes and pipes, not alloyeds, when their volume decreased by -57.7% to 41 tons. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 862% against the previous year.

In value terms, imports of nickel; tubes and pipes, not alloyeds contracted sharply to $1.4M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 433% against the previous year.

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

1. Kuwait (39.9 tons)
2. United Kingdom (0.6 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of nickel; tubes and pipes, not alloyeds, when their volume increased by 70% to 3.1 tons. In general, exports, however, saw a pronounced setback.

In value terms, exports of nickel; tubes and pipes, not alloyeds soared to $240K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (1287.0 kg)
2. Germany (783.0 kg)
3. South Korea (639.0 kg)
4. Italy (295.0 kg)
5. France (66.0 kg)

Source: IndexBox Market Intelligence Platform