Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $12,897 per ton in 2022, falling by -13.1% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +6.2% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 42%. The import price peaked at $14,841 per ton in 2021, and then declined 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 Taiwan (Chinese) ($78,790 per ton), while the price for India ($2,763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (FOB) - 2022
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $20,714 per ton in 2022, with a decrease of -14.7% against the previous year. Over the period under review, the export price faced a abrupt descent. The growth pace was the most rapid in 2017 when the average export price increased by 29%. The export price peaked at $67,707 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +111.6% per year.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
In 2022, after two years of decline, there was significant growth in supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume increased by 91% to 50 tons. Overall, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $651K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 102 | 153 | 155 | 350 | 50.8% |
| China | 84.1 | 51.9 | 73.0 | 130 | 15.6% |
| United States | 51.1 | 53.7 | 98.5 | 55.0 | 2.5% |
| Spain | 31.0 | 12.5 | 4.9 | 16.2 | -19.5% |
| Italy | 7.7 | 2.6 | 12.4 | 14.3 | 22.9% |
| India | 5.6 | 3.3 | 1.3 | 3.4 | -15.3% |
| Others | 50.2 | 47.4 | 46.5 | 82.3 | 17.9% |
| Total | 332 | 324 | 392 | 651 | 25.2% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Ecuador in 2022:
- Turkey (36.1 tons)
- China (7.3 tons)
- Italy (2.1 tons)
- United States (1.3 tons)
- India (1.2 tons)
- Spain (1.1 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador
For the third year in a row, Ecuador recorded decline in overseas shipments of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which decreased by 0% to 7 kg in 2022. In general, exports showed a abrupt setback. The smallest decline of -12.5% was in 2021.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s contracted to $145 in 2022. Over the period under review, exports showed a abrupt setback. The smallest decline of -14.2% was in 2020.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.0 | 109 | 170 | 145 | 79.7% |
| Colombia | 148 | N/A | N/A | N/A | 0% |
| Egypt | 1.0 | N/A | N/A | N/A | 0% |
| Bolivia | 58.0 | 90.0 | N/A | N/A | 55.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 232 | 199 | 170 | 145 | -14.5% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Ecuador in 2022:
- United States (7.0 kg)
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