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

Contents:

1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Romania (CIF) - 2023
2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Romania (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Romania
4. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Romania

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Romania (CIF) - 2023

In August 2023, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $89,826 per ton, growing by 46% against the previous month. Overall, the import price posted a significant expansion. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 183% against the previous month. As a result, import price reached the peak level of $143K per ton. From July 2023 to August 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From December 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +32.7% per month.

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

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $328,268 per ton in 2022, increasing by 282% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 2,646%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($339,183 per ton), while the average price for exports to Hungary ($23,389 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 Norway (+8,481.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of nickel; tubes and pipes, of nickel alloyses, when their volume decreased by -40.6% to 109 tons. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $2.6M in 2022. In general, imports showed a deep downturn.

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

1. Italy (66.1 tons)
2. China (25.4 tons)
3. United Kingdom (10.4 tons)
4. Netherlands (2.6 tons)
5. Belgium (0.2 tons)
6. Hungary (0.1 tons)

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

In 2022, shipments abroad of nickel; tubes and pipes, of nickel alloyses was finally on the rise to reach 1.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp reduction.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses surged to $360K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (985.0 kg)
2. Bulgaria (59.0 kg)
3. Hungary (36.0 kg)

Source: IndexBox Market Intelligence Platform