Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (FOB) - 2023
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (CIF) - 2022
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (FOB) - 2023
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $66,221 per ton in August 2023, waning by -1.6% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +4.2%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 11% month-to-month. As a result, the export price attained the peak level of $67,291 per ton, and then reduced modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($573K per ton), while the average price for exports to Bahrain ($21,941 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+58.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $36,142 per ton, growing by 9.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2018 an increase of 30% against the previous year. As a result, import price attained the peak level of $41,344 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($150,735 per ton), while the price for Germany ($28,142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
In 2022, overseas shipments of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a noticeable decline.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $104M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.7 | 2.4 | 3.0 | 14.5 | 23.5% |
China | 14.3 | 6.7 | 7.7 | 14.0 | -0.7% |
Germany | 7.2 | 6.6 | 8.2 | 8.1 | 4.0% |
India | 11.7 | 4.5 | 7.1 | 7.2 | -14.9% |
United Arab Emirates | 8.6 | 8.0 | 2.4 | 5.5 | -13.8% |
United Kingdom | 3.6 | 2.3 | 2.1 | 4.7 | 9.3% |
Netherlands | 3.7 | 3.2 | 2.7 | 4.6 | 7.5% |
France | 5.7 | 2.9 | 4.4 | 4.0 | -11.1% |
Egypt | 0.1 | N/A | 1.2 | 3.7 | 233.2% |
Switzerland | 1.4 | 1.7 | 1.4 | 3.6 | 37.0% |
Singapore | 0.5 | 1.7 | 2.5 | 3.5 | 91.3% |
Thailand | N/A | 1.6 | 6.0 | 2.1 | 14.6% |
Guinea-Bissau | N/A | N/A | N/A | 0.1 | 0% |
Others | 31.5 | 37.0 | 29.6 | 28.2 | -3.6% |
Total | 96.2 | 78.8 | 78.3 | 104 | 2.6% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Italy in 2022:
- Germany (277.7 tons)
- United States (259.5 tons)
- China (242.7 tons)
- India (212.3 tons)
- Egypt (154.0 tons)
- Netherlands (124.8 tons)
- United Arab Emirates (116.6 tons)
- United Kingdom (109.7 tons)
- Switzerland (95.0 tons)
- France (80.2 tons)
- Singapore (77.2 tons)
- Guinea-Bissau (74.9 tons)
- Thailand (66.6 tons)
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy
In 2022, after two years of decline, there was significant growth in purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume increased by 8.1% to 1.1K tons. Over the period under review, imports, however, faced a deep slump.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $41M in 2022. In general, imports, however, saw a abrupt setback.
Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 20.5 | 17.7 | 14.2 | 18.2 | -3.9% |
China | 8.1 | 6.3 | 2.8 | 5.8 | -10.5% |
Netherlands | 1.5 | 1.7 | 2.3 | 3.7 | 35.1% |
United States | 2.5 | 2.8 | 2.5 | 2.9 | 5.1% |
France | 6.6 | 4.6 | 3.0 | 2.4 | -28.6% |
Austria | 0.9 | 0.4 | 2.9 | 1.7 | 23.6% |
United Kingdom | 2.4 | 2.0 | 1.4 | 1.5 | -14.5% |
Japan | 2.9 | 4.3 | 0.8 | 0.8 | -34.9% |
Spain | 0.7 | 1.5 | 1.1 | 0.8 | 4.6% |
India | 3.1 | 0.5 | 1.3 | 0.3 | -54.1% |
Others | 2.2 | 2.8 | 2.0 | 2.4 | 2.9% |
Total | 51.3 | 44.5 | 34.3 | 40.5 | -7.6% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Italy in 2022:
- Germany (645.6 tons)
- China (183.9 tons)
- France (77.3 tons)
- Netherlands (58.1 tons)
- Austria (46.3 tons)
- United Kingdom (20.2 tons)
- United States (18.9 tons)
- Japan (16.7 tons)
- Spain (13.4 tons)
- India (12.5 tons)
This report provides an in-depth analysis of the market for nickel pipes and fittings in Italy.
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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