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

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

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $87,092 per ton in 2022, picking up by 36% against the previous year. Over the period under review, the import price showed a resilient increase. The growth pace was the most rapid in 2018 when the average import price increased by 168% against the previous year. Over the period under review, average import prices hit record highs at $181,903 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($656,330 per ton), while the price for Italy ($50,629 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $93,000 per ton, declining by -63.8% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price decreased by -24.9%. Over the period under review, the average export prices reached the peak figure at $546,361 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to +15.5% per year.

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

In 2022, approx. 6.3 tons of nickel; tubes and pipes, of nickel alloyses were imported into Finland; declining by -14.2% on 2021 figures. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 296% against the previous year. As a result, imports attained the peak of 7.4 tons, and then fell in the following year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $550K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	9.1	164	50.8	153	156.2%
Czech Republic	N/A	N/A	N/A	123	0%
Sweden	45.9	70.0	53.0	97.5	28.5%
Italy	57.4	8.6	75.6	78.0	10.8%
Netherlands	27.2	50.4	216	57.7	28.5%
Germany	45.8	N/A	24.8	10.4	-39.0%
United Kingdom	10.9	6.9	23.1	5.0	-22.9%
Others	95.3	38.9	27.3	25.8	-35.3%
Total	292	339	471	550	23.5%

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

Sweden (1923.0 kg)
Czech Republic (1626.0 kg)
Italy (1541.0 kg)
Netherlands (711.0 kg)
Slovakia (233.0 kg)
Germany (115.0 kg)
United Kingdom (36.0 kg)

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

Exports of nickel; tubes and pipes, of nickel alloyses from Finland declined notably to 29 kg in 2022, waning by -81.6% against the previous year. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 732% against the previous year. As a result, the exports reached the peak of 158 kg, and then declined rapidly in the following year.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses shrank sharply to $2.7K in 2022. Over the period under review, exports faced a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 524%. As a result, the exports reached the peak of $41K, and then reduced dramatically in the following year.