Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt - 2023

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (CIF) - 2022
  2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (FOB) - 2022
  3. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt
  4. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (CIF) - 2022

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $145,830 per ton in 2022, picking up by 19% against the previous year. In general, the import price showed strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 98% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 Netherlands ($168,009 per ton), while the price for the United Arab Emirates ($16,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.2%), 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 Egypt (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $15,549 per ton in 2022, surging by 84% against the previous year. In general, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($9,363 per ton), while the average price for exports to the UK amounted to $7,432 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.0%).

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt

In 2022, approx. 8.9 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Egypt; with an increase of 387% on the year before. Overall, imports continue to indicate a modest 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 $1.3M in 2022. Over the period under review, imports recorded a resilient increase. As a result, imports attained 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand11833.284.626030.1%
Netherlands19.97.726.811378.4%
United Kingdom19729.941.168.2-29.8%
Spain19.33.012.461.447.1%
United States22112.80.240.4-43.2%
Italy2.92.41.031.5121.5%
India37.92.029.423.5-14.7%
United Arab Emirates6.91.00.46.4-2.5%
China31.25.511.25.3-44.6%
Others16615.715.568560.4%
Total8201132231,29416.4%

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Egypt in 2022:

  1. Thailand (3641.0 kg)
  2. United Kingdom (1456.0 kg)
  3. Spain (844.0 kg)
  4. Netherlands (673.0 kg)
  5. United States (570.0 kg)
  6. Italy (477.0 kg)
  7. United Arab Emirates (382.0 kg)
  8. India (350.0 kg)
  9. China (55.0 kg)

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt

In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Egypt soared to 18 tons, growing by 6,447% compared with 2021. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $276K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.511.51.7146563.4%
United Kingdom0.33.10.115.3270.8%
OthersN/A0.70.51151181.7%
Total0.815.32.3276601.4%

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Egypt in 2022:

  1. Netherlands (15.5 tons)
  2. United Kingdom (2.1 tons)

Source: IndexBox Market Intelligence Platform

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