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

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (FOB) - 2022
  2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (CIF) - 2023
  3. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan
  4. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan

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

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $40,439 per ton in 2022, rising by 26% against the previous year. In general, the export price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2013 an increase of 43%. As a result, the export price reached the peak level of $73,231 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($275,375 per ton), while the average price for exports to the United States ($28,214 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 Italy (+24.8%), 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 Japan (CIF) - 2023

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $284K per ton in July 2023, jumping by 107% against the previous month. In general, the import price enjoyed a moderate expansion. The pace of growth was the most pronounced in April 2023 when the average import price increased by 155% against the previous month. Over the period under review, average import prices hit record highs at $365K per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($2.0M per ton), while the price for Taiwan (Chinese) ($72,202 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+70.6%), 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 Japan

In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Japan expanded significantly to 1.8K tons, increasing by 9.6% on the previous year's figure. Overall, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. As a result, the exports attained the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $74M in 2022. In general, exports, however, showed a relatively flat trend pattern.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia7.411.012.818.235.0%
United States14.015.510.013.3-1.7%
South Korea27.218.911.49.6-29.3%
Taiwan (Chinese)2.52.43.39.455.5%
China5.612.16.69.017.1%
Canada0.81.2N/A2.342.2%
Netherlands0.80.71.11.420.5%
Italy4.81.20.81.4-33.7%
India1.01.31.60.6-15.7%
Others10.711.66.29.1-5.3%
Total74.875.854.074.4-0.2%

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

  1. United States (472.9 tons)
  2. Saudi Arabia (341.5 tons)
  3. South Korea (313.0 tons)
  4. Taiwan (Chinese) (262.6 tons)
  5. China (203.2 tons)
  6. Canada (60.0 tons)
  7. Netherlands (41.9 tons)
  8. India (20.2 tons)
  9. Italy (5.1 tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -23.1% to 142 tons. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 116%. As a result, imports reached the peak of 185 tons, and then reduced rapidly in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s declined significantly to $11M in 2022. Over the period under review, imports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2021 when imports increased by 88%. As a result, imports attained the peak of $19M, and then declined notably in the following year.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A9.14.0-56.0%
United States7.05.14.83.0-24.6%
Italy0.50.60.42.058.7%
China0.60.80.80.75.3%
United Kingdom0.60.51.20.4-12.6%
Israel0.40.40.60.3-9.1%
Thailand0.20.20.30.1-20.6%
Saudi ArabiaN/AN/A0.1N/A0%
Others1.92.72.00.9-22.0%
Total11.110.319.311.51.2%

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

  1. Italy (59.4 tons)
  2. France (49.1 tons)
  3. United States (10.4 tons)
  4. United Kingdom (7.5 tons)
  5. China (5.8 tons)
  6. Thailand (3.1 tons)
  7. Saudi Arabia (2.4 tons)
  8. Israel (1.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - Japan