Price for Nickel; Tubes and Pipes, of Nickel Alloys in Denmark - 2023

Contents:

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

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Denmark (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $597,700 per ton in 2022, growing by 124% against the previous year. Overall, the import price posted a resilient expansion. The growth pace was the most rapid in 2015 an increase of 214%. As a result, import price attained the peak level of $1,032,867 per ton. From 2016 to 2022, the average import prices remained at a 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 the United States ($1,304,916 per ton), while the price for the Czech Republic ($38,766 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $172,740 per ton in 2022, increasing by 523% against the previous year. Overall, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2016 when the average export price increased by 717% against the previous year. As a result, the export price reached the peak level of $821,105 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($857,714 per ton), while the average price for exports to Qatar stood at $138,124 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1,218.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 11 tons of nickel; tubes and pipes, of nickel alloyses were imported into Denmark; waning by -55.7% on the year before. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 257% against the previous year. As a result, imports attained the peak of 25 tons, and then contracted remarkably in the following year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses dropped modestly to $6.7M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports attained the peak of $6.8M, leveling off in the following year.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5,0223,5865,1346,3147.9%
Germany18.323740811785.6%
Italy96.329.35441125.2%
Czech RepublicN/AN/A4.057.51337.5%
Netherlands8.859.817136.761.0%
China4.43.40.935.199.8%
Sweden41.030.018322.4-18.2%
United Kingdom1955.032810.3-62.5%
Others18.651.731.131.519.2%
Total5,4044,0026,8036,7377.6%

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

  1. United States (4.8 tons)
  2. Italy (1.7 tons)
  3. Germany (1.6 tons)
  4. Czech Republic (1.5 tons)
  5. China (0.6 tons)
  6. Sweden (0.4 tons)
  7. Netherlands (0.3 tons)
  8. United Kingdom (0.2 tons)

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

Exports of nickel; tubes and pipes, of nickel alloyses from Denmark shrank sharply to 285 kg in 2022, which is down by -91.3% on the previous year. Overall, exports saw a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 1,242% against the previous year. As a result, the exports reached the peak of 3.3 tons, and then declined remarkably in the following year.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses declined markedly to $49K in 2022. Over the period under review, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 1,691%. As a result, the exports reached the peak of $91K, and then shrank dramatically in the following year.

Export of Nickel; Tubes and Pipes, of Nickel Alloys in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar41.5N/AN/A36.9-3.8%
United StatesN/AN/A1.812.0566.7%
Norway4.20.54.9N/A8.0%
Malaysia23.1N/AN/AN/A0%
LithuaniaN/AN/A8.4N/A0%
United Arab EmiratesN/AN/A26.9N/A0%
Faroe IslandsN/AN/A1.5N/A0%
GreenlandN/A1.830.9N/A1616.7%
OthersN/A2.816.30.3-67.3%
Total68.85.190.849.2-10.6%

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

  1. Qatar (267.0 kg)
  2. United States (14.0 kg)

Source: IndexBox Market Intelligence Platform

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