Price for Nickel; Tubes and Pipes, of Nickel Alloys in Australia - 2024

Contents:

1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Australia (CIF) - 2024
2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Australia (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Australia
4. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Australia

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Australia (CIF) - 2024

In August 2023, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $54,287 per ton, with a decrease of -44.1% against the previous month. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in April 2023 when the average import price increased by 63% against the previous month. Over the period under review, average import prices reached the peak figure at $224K per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($188K per ton), while the price for China ($16,017 per ton) was amongst the lowest.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+46.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Australia (FOB) - 2022

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $30,957 per ton, which is down by -5.4% against the previous year. Overall, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 15,565% against the previous year. As a result, the export price reached the peak level of $3,232 per kg. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($158,755 per ton), while the average price for exports to the UK ($18,114 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 Malaysia (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Australia

In 2022, the amount of nickel; tubes and pipes, of nickel alloyses imported into Australia soared to 82 tons, rising by 20% against 2021 figures. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 154%. As a result, imports reached the peak of 132 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $4M in 2022. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 98% against the previous year. As a result, imports reached the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Australia in 2022:

1. China (39.5 tons)
2. United Kingdom (12.2 tons)
3. United States (10.7 tons)
4. France (8.4 tons)
5. Singapore (3.8 tons)
6. Italy (2.8 tons)
7. Germany (2.0 tons)

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Australia

In 2022, shipments abroad of nickel; tubes and pipes, of nickel alloyses decreased by -64.4% to 9 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 647% against the previous year. As a result, the exports reached the peak of 78 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses declined rapidly to $278K in 2022. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 510% against the previous year. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Australia in 2022:

1. United Kingdom (6.8 tons)
2. Singapore (1.2 tons)
3. New Zealand (0.9 tons)
4. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform