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

Contents:

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

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

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $26,284 per ton, waning by -21.3% against the previous year. Overall, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2013 an increase of 45% against the previous year. As a result, import price reached the peak level of $52,184 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($80,020 per ton), while the price for Malaysia ($11,788 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+21.1%), 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 Iran (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $215,294 per ton in 2022, surging by 1,425% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the Czech Republic ($585,833 per ton), while the average price for exports to Iraq ($11,000 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 the Czech Republic (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Iran recorded growth in purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 57% to 63 tons in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 155%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $1.7M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 131%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4339701,2451,54052.6%
China5.414.847.083.2148.8%
Others12.155.051.634.041.1%
Total4511,0401,3441,65854.3%

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

  1. Spain (59.2 tons)
  2. China (3.2 tons)

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

In 2022, shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -92.7% to 17 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 54%.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $3.7K in 2022. In general, exports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 11%.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6.02.50.73.5-16.4%
Iraq0.60.2N/A0.1-45.0%
Kazakhstan7.0N/AN/AN/A0%
ArmeniaN/A0.3N/AN/A0%
OmanN/AN/A0.5N/A0%
United Arab Emirates0.1N/AN/AN/A0%
AfghanistanN/AN/A2.1N/A0%
OthersN/AN/AN/AN/A0%
Total13.73.03.33.7-35.4%

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

  1. Iraq (10.0 kg)
  2. Czech Republic (6.0 kg)
  3. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform

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