Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United States - 2024
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United States (CIF) - 2022
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United States (FOB) - 2022
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the United States
- Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the United States
Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United States (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $79,751 per ton in 2022, with a decrease of -16.3% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes and pipes, of nickel alloyses increased by +84.5% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 45% against the previous year. The import price peaked at $95,339 per ton in 2021, and then contracted sharply in the following year.
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 Sweden ($181,454 per ton), while the price for Japan ($26,772 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, of Nickel Alloys in the United States (FOB) - 2022
In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $87,785 per ton, surging by 11% against the previous year. Over the period under review, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 36% against the previous year. As a result, the export price reached the peak level of $115,997 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($216,282 per ton), while the average price for exports to India ($39,228 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 Denmark (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the United States
In 2022, overseas purchases of nickel; tubes and pipes, of nickel alloyses were finally on the rise to reach 2.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a pronounced contraction.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $209M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 36.1 | 46.3 | 45.2 | 74.8 | 27.5% |
| Germany | 62.1 | 39.1 | 33.8 | 41.1 | -12.9% |
| United Kingdom | 15.9 | 17.3 | 6.9 | 25.0 | 16.3% |
| France | 11.3 | 15.6 | 22.2 | 23.9 | 28.4% |
| Japan | 18.0 | 21.1 | 10.4 | 14.0 | -8.0% |
| Italy | 6.7 | 2.4 | 2.4 | 13.5 | 26.3% |
| China | 6.1 | 1.3 | 1.7 | 3.9 | -13.9% |
| Others | 16.1 | 9.8 | 9.1 | 13.0 | -6.9% |
| Total | 172 | 153 | 132 | 209 | 6.7% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to the United States in 2022:
- Japan (521.8 tons)
- United Kingdom (487.7 tons)
- Germany (442.0 tons)
- Sweden (412.0 tons)
- Italy (236.3 tons)
- France (139.6 tons)
- China (116.3 tons)
Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the United States
In 2022, shipments abroad of nickel; tubes and pipes, of nickel alloyses increased by 10% to 2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable reduction.
In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $173M in 2022. Over the period under review, exports, however, showed a abrupt slump.
| Export of Nickel; Tubes and Pipes, of Nickel Alloys in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.8 | 13.7 | 18.2 | 29.7 | 20.9% |
| Mexico | 10.7 | 8.7 | 12.9 | 16.3 | 15.1% |
| Germany | 12.7 | 9.9 | 12.9 | 15.9 | 7.8% |
| China | 10.8 | 8.9 | 13.0 | 10.0 | -2.5% |
| South Korea | 3.3 | 8.9 | 5.1 | 8.8 | 38.7% |
| United Kingdom | 11.6 | 8.2 | 6.2 | 7.1 | -15.1% |
| Taiwan (Chinese) | 2.4 | 3.4 | 2.3 | 6.6 | 40.1% |
| Denmark | 5.2 | 3.4 | 5.3 | 6.4 | 7.2% |
| India | 9.5 | 3.5 | 3.4 | 6.4 | -12.3% |
| Turkey | 4.8 | 2.9 | 2.7 | 4.5 | -2.1% |
| Saudi Arabia | 1.1 | 0.8 | 1.7 | 4.1 | 55.0% |
| Guyana | N/A | N/A | 0.8 | 3.3 | 312.5% |
| United Arab Emirates | 7.5 | 5.4 | 5.8 | 3.1 | -25.5% |
| Others | 153 | 93.1 | 51.6 | 50.5 | -30.9% |
| Total | 250 | 171 | 142 | 173 | -11.5% |
Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from the United States in 2022:
- Canada (504.0 tons)
- Mexico (185.7 tons)
- India (163.1 tons)
- South Korea (121.2 tons)
- Saudi Arabia (102.8 tons)
- Taiwan (Chinese) (91.5 tons)
- Germany (84.3 tons)
- United Kingdom (72.0 tons)
- China (69.3 tons)
- Guyana (69.0 tons)
- United Arab Emirates (56.7 tons)
- Turkey (35.6 tons)
- Denmark (29.6 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the USA.
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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