Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $97,466 per ton, dropping by -26% against the previous year. In general, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2014 an increase of 92%. Over the period under review, average import prices attained the maximum at $173,218 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 ($784,994 per ton), while the price for China ($35,881 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.8%), 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 Hungary (FOB) - 2022
In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $45,239 per ton, shrinking by -30.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 906% against the previous year. Over the period under review, the average export prices hit record highs at $141,268 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($93,436 per ton), while the average price for exports to Montenegro ($16,595 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 Germany (+42.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Hungary soared to 40 tons, jumping by 78% compared with 2021 figures. Overall, imports continue to indicate a significant 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 soared to $3.9M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, imports reached the peak of $4.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 374 | 461 | 579 | 1,811 | 69.2% |
| United States | 1,533 | 993 | 798 | 1,241 | -6.8% |
| Germany | 302 | 1,470 | 519 | 313 | 1.2% |
| India | N/A | 514 | 127 | 269 | -27.7% |
| France | 126 | 426 | 85.8 | 109 | -4.7% |
| Belgium | 244 | 8.3 | N/A | 29.7 | -50.4% |
| United Kingdom | 28.7 | 324 | 102 | 9.0 | -32.1% |
| Others | 133 | 29.9 | 760 | 126 | -1.8% |
| Total | 2,742 | 4,227 | 2,971 | 3,907 | 12.5% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Hungary in 2022:
- Italy (33.8 tons)
- Germany (2.1 tons)
- United States (1.6 tons)
- India (1.1 tons)
- France (0.4 tons)
- Belgium (0.4 tons)
- United Kingdom (0.1 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary
In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Hungary soared to 4.2 tons, with an increase of 247% compared with 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 554% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $191K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 432%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | N/A | N/A | 140 | 272.9% |
| Germany | N/A | 5.3 | 63.8 | 31.3 | 143.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 13.1 | 0% |
| Montenegro | N/A | N/A | N/A | 1.3 | 0% |
| United States | 14.8 | 98.5 | 3.8 | N/A | -49.3% |
| Others | 2.0 | 0.1 | 11.0 | 5.2 | 37.5% |
| Total | 19.5 | 104 | 78.7 | 191 | 114.0% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Hungary in 2022:
- China (3391.0 kg)
- Germany (335.0 kg)
- Taiwan (Chinese) (317.0 kg)
- Montenegro (79.0 kg)
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