Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates - 2022

Contents:

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

Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $40,300 per ton in 2022, rising by 7.7% against the previous year. Overall, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22%. The import price peaked at $47,959 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($56,168 per ton), while the price for Singapore ($21,905 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates (FOB) - 2022

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $13,368 per ton in 2022, reducing by -7.6% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2013 an increase of 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $42,144 per ton in 2014; however, from 2015 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 Oman ($30,880 per ton), while the average price for exports to India totaled $12,069 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-2.5%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates

In 2022, imports of nickel; tubes and pipes, of nickel alloyses into the United Arab Emirates shrank to 547 tons, which is down by -9.6% against the year before. Over the period under review, imports recorded a abrupt decline. The smallest decline of -7.8% was in 2020.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses shrank modestly to $22M in 2022. In general, imports recorded a abrupt decline.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.64.97.88.17.1%
United States7.55.45.83.1-25.5%
United Kingdom9.25.71.52.5-35.2%
Netherlands0.41.40.81.451.8%
Italy1.35.91.41.42.5%
India0.10.70.41.2128.9%
Spain4.03.61.21.1-35.0%
Singapore0.20.10.21.071.0%
Germany1.10.51.60.1-55.0%
Others2.13.32.02.10.0%
Total32.631.622.622.0-12.3%

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to the United Arab Emirates in 2022:

  1. China (228.8 tons)
  2. United States (56.7 tons)
  3. United Kingdom (45.3 tons)
  4. Singapore (43.5 tons)
  5. Spain (40.2 tons)
  6. Italy (34.0 tons)
  7. India (27.0 tons)
  8. Netherlands (26.1 tons)
  9. Germany (4.3 tons)

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates

Exports of nickel; tubes and pipes, of nickel alloyses from the United Arab Emirates skyrocketed to 629 tons in 2022, growing by 67% against the previous year. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 82%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses skyrocketed to $8.4M in 2022. Overall, exports, however, showed a abrupt descent.

Export of Nickel; Tubes and Pipes, of Nickel Alloys in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.22.23.37.029.8%
Oman1.80.82.01.3-10.3%
Kazakhstan3.80.2N/AN/A-94.7%
Congo3.81.0N/AN/A-73.7%
Others0.20.60.10.20.0%
Total12.84.75.48.4-13.1%

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from the United Arab Emirates in 2022:

  1. India (579.3 tons)
  2. Oman (40.5 tons)

Source: IndexBox Market Intelligence Platform

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