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

Contents:

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

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

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $40,862 per ton, falling by -49.4% against the previous year. Overall, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 81%. The export price peaked at $80,783 per ton in 2021, and then shrank markedly in the following year.

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 Kazakhstan ($96,200 per ton), while the average price for exports to Uzbekistan stood at $28,295 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+14.5%), 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 Lithuania (CIF) - 2022

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $33,646 per ton, declining by -22.3% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 121%. Over the period under review, average import prices hit record highs at $78,316 per ton in 2012; however, from 2013 to 2022, 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 Estonia ($58,448 per ton), while the price for Italy ($27,181 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.7%), 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 Lithuania

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Lithuania reduced remarkably to 8.6 tons, with a decrease of -68.7% against 2021. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 263%. As a result, the exports reached the peak of 27 tons, and then fell significantly in the following year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s shrank sharply to $350K in 2022. Over the period under review, exports recorded a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 533% against the previous year. As a result, the exports reached the peak of $2.2M, and then fell sharply in the following year.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan11710325019819.2%
Kazakhstan4801551,774153-31.7%
Russia89989.7184N/A-54.8%
Others7.52.17.5N/A0.0%
Total1,5033502,215350-38.5%

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

  1. Uzbekistan (7.0 tons)
  2. Kazakhstan (1.6 tons)

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

Imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Lithuania reduced rapidly to 8 tons in 2022, which is down by -83.3% compared with 2021. Overall, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 1,051% against the previous year. As a result, imports attained the peak of 48 tons, and then dropped rapidly in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s declined rapidly to $269K in 2022. In general, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 656%. As a result, imports reached the peak of $2.1M, and then contracted sharply in the following year.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8051381,890125-46.3%
Poland37.4N/A16.998.638.1%
Netherlands29.77.32.314.7-20.9%
Germany4526.213.110.9-71.1%
Estonia48.264.212310.2-40.4%
Others15959.430.99.5-60.9%
Total1,5312752,076269-44.0%

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

  1. Italy (4.6 tons)
  2. Poland (2.6 tons)
  3. Netherlands (0.3 tons)
  4. Germany (0.3 tons)
  5. Estonia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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