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

Contents:

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

Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Netherlands (FOB) - 2023

In August 2023, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $60,023 per ton, which is down by -9.3% against the previous month. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 35% month-to-month. As a result, the export price attained the peak level of $88,946 per ton. From July 2023 to August 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Turkey ($193K per ton), while the average price for exports to Kazakhstan ($19,391 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 Turkey (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In August 2023, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $62,860 per ton, rising by 5.4% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 18% month-to-month. As a result, import price attained the peak level of $69,627 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($129K per ton), while the price for China ($49,113 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the Netherlands

In 2022, exports of nickel; tubes and pipes, of nickel alloyses from the Netherlands soared to 396 tons, jumping by 35% on the previous year's figure. The total export volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses skyrocketed to $23M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2019 indices. 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 the Netherlands in 2022:

1. Italy (74.2 tons)
2. Germany (52.5 tons)
3. United Kingdom (33.5 tons)
4. Belgium (30.6 tons)
5. United Arab Emirates (26.1 tons)
6. India (23.9 tons)
7. Azerbaijan (22.3 tons)
8. Spain (20.7 tons)
9. France (18.8 tons)
10. China (12.1 tons)
11. Singapore (11.6 tons)
12. South Korea (11.4 tons)
13. Norway (11.2 tons)

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the Netherlands

In 2022, overseas purchases of nickel; tubes and pipes, of nickel alloyses decreased by -7.4% to 346 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of 3.4%. As a result, imports attained the peak of 487 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses amounted to $19M in 2022. Overall, imports saw a relatively flat trend pattern.

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

1. United Kingdom (134.1 tons)
2. Germany (76.6 tons)
3. United States (36.1 tons)
4. Japan (23.2 tons)
5. Italy (21.7 tons)
6. India (16.7 tons)
7. China (14.5 tons)
8. France (4.7 tons)
9. Sweden (1.8 tons)

Source: IndexBox Market Intelligence Platform