Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Philippines - 2023
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Philippines (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the Philippines
Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Philippines (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $89,363 per ton in 2022, growing by 54% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 an increase of 284%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($91,022 per ton), while the price for South Korea stood at $66,632 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the Philippines
In 2022, approx. 3.3 tons of nickel; tubes and pipes, of nickel alloyses were imported into the Philippines; with a decrease of -24.4% against 2021 figures. In general, imports showed a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 24%.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses soared to $299K in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 206 | 207 | 237 | 288 | 11.8% |
| South Korea | 8.6 | N/A | 8.0 | 9.1 | 1.9% |
| India | N/A | N/A | 4.9 | 1.0 | -79.6% |
| China | 2.6 | 3.3 | 1.7 | N/A | -19.1% |
| Malaysia | 0.6 | N/A | N/A | N/A | 0% |
| Others | 12.1 | 0.9 | 5.7 | 0.1 | -79.8% |
| Total | 230 | 211 | 257 | 299 | 9.1% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to the Philippines in 2022:
- United States (3169.0 kg)
- South Korea (136.0 kg)
- India (35.0 kg)
335
This report provides an in-depth analysis of the market for nickel pipes and fittings in the Philippines.
502
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.
