Price for Nickel; Tubes and Pipes, of Nickel Alloys in the UK - 2024
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in the UK (FOB) - 2022
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in the UK (CIF) - 2022
- Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the UK
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the UK
Price for Nickel; Tubes and Pipes, of Nickel Alloys in the UK (FOB) - 2022
The average export price for nickel; tubes and pipes, of nickel alloyses stood at $47,492 per ton in 2022, growing by 7% against the previous year. Over the period under review, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $57,734 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($65,116 per ton), while the average price for exports to Norway ($27,564 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 Qatar (+0.6%), while the prices for the other major destinations experienced a decline.
Price for Nickel; Tubes and Pipes, of Nickel Alloys in the UK (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $38,317 per ton in 2022, growing by 30% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 48%. The import price peaked at $46,836 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($64,960 per ton), while the price for India ($18,169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.8%), 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 UK
In 2022, exports of nickel; tubes and pipes, of nickel alloyses from the UK expanded to 1.7K tons, increasing by 4.9% compared with the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of nickel; tubes and pipes, of nickel alloyses expanded notably to $82M in 2022. In general, exports, however, saw a relatively flat trend pattern.
| Export of Nickel; Tubes and Pipes, of Nickel Alloys in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.7 | 18.4 | 9.9 | 28.1 | 21.4% |
| Netherlands | 3.9 | 4.1 | 7.2 | 6.8 | 20.4% |
| Singapore | 5.3 | 2.2 | 3.5 | 6.0 | 4.2% |
| Qatar | 1.3 | 1.7 | 4.1 | 4.9 | 55.6% |
| Norway | 4.9 | 7.7 | 7.8 | 4.6 | -2.1% |
| Germany | 5.7 | 6.6 | 1.5 | 3.4 | -15.8% |
| Brazil | 1.1 | 0.8 | 1.0 | 3.1 | 41.3% |
| China | 7.7 | 5.3 | 4.8 | 3.1 | -26.2% |
| United Arab Emirates | 9.2 | 5.7 | 1.5 | 2.5 | -35.2% |
| France | 4.1 | 2.8 | 4.8 | 2.4 | -16.3% |
| India | 2.6 | 5.1 | 4.4 | 2.0 | -8.4% |
| Italy | 2.6 | 1.3 | 1.8 | 1.6 | -14.9% |
| South Korea | 1.8 | 1.6 | 2.2 | 1.4 | -8.0% |
| Others | 16.4 | 17.8 | 18.5 | 12.0 | -9.9% |
| Total | 82.3 | 81.0 | 72.9 | 81.9 | -0.2% |
Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from the UK in 2022:
- United States (557.8 tons)
- Norway (167.5 tons)
- Netherlands (152.6 tons)
- Qatar (148.8 tons)
- Singapore (131.7 tons)
- Germany (66.7 tons)
- China (53.3 tons)
- India (48.3 tons)
- Brazil (47.9 tons)
- United Arab Emirates (45.4 tons)
- France (40.4 tons)
- South Korea (31.6 tons)
- Italy (26.1 tons)
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the UK
In 2022, overseas purchases of nickel; tubes and pipes, of nickel alloyses increased by 4.9% to 734 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a drastic downturn.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $28M in 2022. In general, imports, however, faced a abrupt descent.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.6 | 9.5 | 9.1 | 10.3 | 6.2% |
| United States | 21.2 | 7.1 | 4.3 | 5.8 | -35.1% |
| Italy | 3.4 | 3.4 | 1.1 | 3.3 | -1.0% |
| Japan | 2.1 | 0.5 | 0.1 | 3.3 | 16.3% |
| France | 10.3 | 0.6 | 0.3 | 0.9 | -55.6% |
| Netherlands | 0.3 | 0.9 | 0.7 | 0.8 | 38.7% |
| Sweden | 2.8 | 1.2 | 0.6 | 0.8 | -34.1% |
| China | 0.2 | 0.4 | 0.2 | 0.8 | 58.7% |
| India | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Others | 2.1 | 2.3 | 4.0 | 1.9 | -3.3% |
| Total | 51.4 | 26.3 | 20.6 | 28.1 | -18.2% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to the UK in 2022:
- Germany (280.3 tons)
- Italy (113.8 tons)
- United States (89.3 tons)
- Japan (86.5 tons)
- Sweden (38.6 tons)
- China (32.1 tons)
- India (22.0 tons)
- Netherlands (19.1 tons)
- France (18.4 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the UK.
453
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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