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

Contents:

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

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

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $5,684 per ton in 2022, rising by 50% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The import price peaked at $12,006 per ton in 2013; however, from 2014 to 2022, 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 Germany ($11,057 per ton), while the price for Singapore ($2,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $9,191 per ton, increasing by 17% against the previous year. Overall, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 123% against the previous year. The export price peaked at $12,633 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,240 per ton), while the average price for exports to Singapore ($5,820 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 Oman (+91.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of nickel; tubes and pipes, of nickel alloyses into Malaysia skyrocketed to 1.6K tons, picking up by 20% on 2021 figures. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses skyrocketed to $9.4M in 2022. Overall, imports, however, saw a significant curtailment.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.72.41.12.716.7%
Italy0.30.10.61.674.7%
Austria0.5N/AN/A1.233.9%
United Kingdom0.30.20.51.154.2%
United States1.11.10.61.0-3.1%
Japan1.11.11.30.7-14.0%
China17.71.40.60.7-65.9%
Singapore0.30.20.10.2-12.6%
Others2.00.40.40.4-41.5%
Total25.16.75.29.4-27.9%

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

  1. Italy (351.6 tons)
  2. Austria (265.4 tons)
  3. Japan (260.1 tons)
  4. Germany (242.4 tons)
  5. United Kingdom (202.8 tons)
  6. United States (108.6 tons)
  7. Singapore (76.6 tons)
  8. China (74.8 tons)

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

In 2022, overseas shipments of nickel; tubes and pipes, of nickel alloyses decreased by -67.9% to 67 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of 332 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 shrank dramatically to $619K in 2022. In general, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, the exports attained the peak of $3.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Nickel; Tubes and Pipes, of Nickel Alloys in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20736273.7128-14.8%
QatarN/A21.9111108122.1%
Singapore81476986889.8-52.0%
OmanN/AN/A5.772.81177.2%
Indonesia43514973.663.5-47.3%
BrazilN/A33513.533.5-68.4%
United States3136209.431.8-53.3%
India139N/A13.620.3-47.3%
SpainN/A348N/AN/A0%
Norway381176N/AN/A-53.8%
Australia57.315189.1N/A24.7%
Others29.724339471.033.7%
Total2,3763,1751,651619-36.1%

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

  1. Singapore (15.4 tons)
  2. Qatar (11.3 tons)
  3. Indonesia (9.9 tons)
  4. United Arab Emirates (9.6 tons)
  5. Oman (7.1 tons)
  6. United States (3.2 tons)
  7. Brazil (3.0 tons)
  8. India (1.4 tons)

Source: IndexBox Market Intelligence Platform

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