Price for Nickel; Tubes and Pipes, of Nickel Alloys in Italy - 2023
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in Italy (FOB) - 2023
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in Italy (CIF) - 2022
- Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Italy
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Italy
Price for Nickel; Tubes and Pipes, of Nickel Alloys in Italy (FOB) - 2023
In August 2023, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $65,445 per ton, surging by 13% against the previous month. Over the period under review, export price indicated a resilient increase from December 2022 to August 2023: its price increased at an average monthly rate of +7.4% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for nickel; tubes and pipes, of nickel alloyses increased by +48.3% against January 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 20% m-o-m. Over the period under review, the average export prices attained the maximum in August 2023.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the UK ($140K per ton), while the average price for exports to Turkey ($31,697 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+58.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, of Nickel Alloys in Italy (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $34,801 per ton in 2022, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 25%. As a result, import price attained the peak level of $37,090 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($79,077 per ton), while the price for China ($25,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Italy
In 2022, the amount of nickel; tubes and pipes, of nickel alloyses exported from Italy reduced to 1.8K tons, declining by -7.1% against 2021. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -3.2% was in 2020.
In value terms, exports of nickel; tubes and pipes, of nickel alloyses totaled $64M in 2022. In general, exports showed a mild setback.
| Export of Nickel; Tubes and Pipes, of Nickel Alloys in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 2.1 | 1.1 | 9.1 | 14.3% |
| Germany | 5.2 | 4.7 | 7.1 | 6.2 | 6.0% |
| India | 9.1 | 3.2 | 5.7 | 5.9 | -13.4% |
| China | 12.2 | 5.0 | 6.5 | 5.1 | -25.2% |
| United Kingdom | 2.8 | 2.0 | 1.6 | 3.6 | 8.7% |
| France | 4.9 | 2.7 | 3.5 | 3.5 | -10.6% |
| Netherlands | 2.7 | 2.1 | 1.8 | 3.2 | 5.8% |
| Singapore | 0.1 | 0.3 | 0.6 | 3.1 | 214.1% |
| Egypt | N/A | N/A | 0.7 | 3.1 | 342.9% |
| Canada | 0.5 | 0.5 | 0.8 | 2.6 | 73.2% |
| Switzerland | 0.5 | 0.6 | 1.3 | 2.1 | 61.3% |
| Turkey | 0.9 | 0.7 | 0.6 | 1.0 | 3.6% |
| Romania | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
| Others | 22.1 | 33.1 | 26.3 | 14.6 | -12.9% |
| Total | 67.2 | 57.2 | 58.1 | 63.9 | -1.7% |
Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Italy in 2022:
- Germany (254.5 tons)
- United States (213.5 tons)
- India (178.8 tons)
- China (145.7 tons)
- Egypt (129.1 tons)
- Netherlands (109.2 tons)
- United Kingdom (85.9 tons)
- Singapore (70.3 tons)
- France (66.5 tons)
- Switzerland (58.4 tons)
- Canada (53.1 tons)
- Turkey (45.1 tons)
- Romania (38.4 tons)
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Italy
In 2022, purchases abroad of nickel; tubes and pipes, of nickel alloyses increased by 2% to 904 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp contraction.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses expanded remarkably to $31M in 2022. Over the period under review, imports, however, saw a abrupt decline.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.6 | 11.3 | 11.0 | 13.4 | -10.4% |
| China | 7.2 | 5.2 | 1.4 | 3.9 | -18.5% |
| Netherlands | 1.4 | 1.1 | 2.2 | 3.2 | 31.7% |
| France | 6.5 | 4.0 | 2.9 | 2.2 | -30.3% |
| Austria | 0.9 | 0.1 | 2.8 | 1.7 | 23.6% |
| United Kingdom | 2.1 | 1.5 | 1.1 | 1.1 | -19.4% |
| Japan | 2.9 | 4.3 | 0.8 | 0.8 | -34.9% |
| India | 3.0 | 0.3 | 1.2 | 0.3 | -53.6% |
| Spain | 0.6 | 0.7 | 1.0 | 0.3 | -20.6% |
| Others | 3.9 | 3.4 | 3.7 | 4.4 | 4.1% |
| Total | 47.1 | 31.8 | 28.0 | 31.5 | -12.5% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Italy in 2022:
- Germany (490.3 tons)
- China (154.6 tons)
- France (73.4 tons)
- Netherlands (51.6 tons)
- Austria (45.3 tons)
- United Kingdom (18.8 tons)
- Japan (16.4 tons)
- India (11.4 tons)
- Spain (9.5 tons)
397
This report provides an in-depth analysis of the market for nickel pipes and fittings in Italy.
453
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
Nothing found. Please try again.
