Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $30,001 per ton, growing by 3.4% against the previous year. Over the period under review, the import price saw noticeable growth. The growth pace was the most rapid in 2020 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $31,005 per ton. From 2021 to 2022, the average 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 UK ($324,606 per ton), while the price for the United Arab Emirates ($6,775 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.7%), 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 Kenya (FOB) - 2022
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $20,750 per ton in 2022, increasing by 80% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2019 an increase of 236% against the previous year. As a result, the export price attained the peak level of $115,104 per ton. From 2020 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 Ethiopia ($51,000 per ton), while the average price for exports to Rwanda ($4,000 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 Uganda (+6.2%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya
In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Kenya skyrocketed to 1.9 tons, increasing by 76% compared with 2021 figures. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 481%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $57K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 443%. 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 Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.9 | 10.2 | 18.5 | 213.6% |
| India | 1.0 | 0.9 | N/A | 16.3 | 153.5% |
| United Kingdom | 3.4 | 1.6 | 12.6 | 10.7 | 46.5% |
| United States | 1.5 | 0.5 | 6.1 | 6.6 | 63.9% |
| United Arab Emirates | 1.9 | 0.1 | 1.1 | 2.4 | 8.1% |
| Italy | 0.1 | 0.1 | 0.5 | 0.5 | 71.0% |
| Others | 0.1 | 1.8 | 0.8 | 1.8 | 162.1% |
| Total | 8.6 | 5.8 | 31.3 | 56.9 | 87.7% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Kenya in 2022:
- China (840.0 kg)
- India (536.0 kg)
- United Arab Emirates (360.0 kg)
- United States (45.0 kg)
- Italy (33.0 kg)
- United Kingdom (33.0 kg)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya
In 2022, shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by 0% to 4 kg, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 130%. As a result, the exports reached the peak of 154 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $83 in 2022. Overall, exports faced a sharp reduction.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | N/A | N/A | N/A | 51.0 | 0% |
| Uganda | 177 | 757 | 20.0 | 20.0 | -51.7% |
| Tanzania | 2,046 | 2,781 | 23.0 | 8.0 | -84.2% |
| Rwanda | 156 | 342 | 3.0 | 4.0 | -70.5% |
| Others | 5,333 | N/A | N/A | N/A | 0% |
| Total | 7,712 | 3,880 | 46.0 | 83.0 | -77.9% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Kenya in 2022:
- Ethiopia (1.0 kg)
- Tanzania (1.0 kg)
- Rwanda (1.0 kg)
- Uganda (1.0 kg)
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