Price for Nickel; Tubes and Pipes, of Nickel Alloys in Russia - 2022

Contents:

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

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

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $39,089 per ton in 2022, declining by -21.2% against the previous year. In general, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 72%. As a result, import price attained the peak level of $88,242 per ton. From 2014 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 France ($88,191 per ton), while the price for China ($22,359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $67,081 per ton, with an increase of 8.5% against the previous year. In general, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 296%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($170,517 per ton), while the average price for exports to Kazakhstan ($2,995 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 India (+33.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

After two years of decline, overseas purchases of nickel; tubes and pipes, of nickel alloyses increased by 4.1% to 118 tons in 2022. In general, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses contracted notably to $4.6M in 2022. Over the period under review, imports, however, saw a deep setback. The smallest decline of -9.2% was in 2020.

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

1. China (63.1 tons)
2. Germany (32.3 tons)
3. Poland (9.9 tons)
4. United Kingdom (7.1 tons)
5. Italy (1.6 tons)
6. United States (0.3 tons)
7. France (0.1 tons)

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

In 2022, the amount of nickel; tubes and pipes, of nickel alloyses exported from Russia contracted significantly to 14 tons, dropping by -54.5% on the previous year's figure. Overall, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses dropped dramatically to $948K in 2022. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 275% against the previous year. As a result, the exports reached the peak of $1.9M, and then declined markedly in the following year.

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

1. China (12.9 tons)
2. India (0.9 tons)
3. Kazakhstan (0.4 tons)

Source: IndexBox Market Intelligence Platform