Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $5,653 per ton, picking up by 66% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. Over the period under review, average import prices reached the maximum at $11,647 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 United States ($9,964 per ton), while the price for China ($2,651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $8,175 per ton in 2022, picking up by 34% against the previous year. Over the period under review, the export price showed a modest expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($16,476 per ton), while the average price for exports to Brunei Darussalam ($1,539 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 Maldives (+77.3%), 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 Malaysia

In 2022, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Malaysia shrank to 2.6K tons, waning by -9.9% on 2021. Overall, imports saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 9.1% against the previous year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $14M in 2022. In general, imports faced a dramatic curtailment.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.73.61.53.4-2.8%
United States2.02.51.83.115.7%
Italy0.30.10.61.674.7%
Austria0.5N/AN/A1.337.5%
Japan1.11.31.61.10.0%
United Kingdom0.50.40.61.130.1%
China18.81.40.70.8-65.1%
Singapore0.40.30.60.720.5%
Czech RepublicN/A0.61.20.4-18.4%
Others3.41.01.10.8-38.3%
Total30.911.19.614.4-22.5%

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

  1. Japan (416.7 tons)
  2. Germany (371.1 tons)
  3. Italy (324.6 tons)
  4. United States (315.2 tons)
  5. China (308.0 tons)
  6. Austria (251.9 tons)
  7. United Kingdom (194.4 tons)
  8. Singapore (193.9 tons)
  9. Czech Republic (45.3 tons)

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

In 2022, overseas shipments of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -12.2% to 314 tons, falling for the second year in a row after two years of growth. In general, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 0.4% against the previous year. As a result, the exports attained the peak of 1.5K 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 $2.6M in 2022. Overall, exports showed a sharp setback.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1,2291,4571,015539-24.0%
Australia57.315792.941493.3%
China1,4272,72540.4365-36.5%
Indonesia1,91514983.7235-50.3%
United States34963424.8208-15.8%
OmanN/AN/A5.72043478.9%
United Arab Emirates20736373.7128-14.8%
Brunei Darussalam98.210414952.6-18.8%
BrazilN/A33513.533.5-68.4%
SpainN/A348N/AN/A0%
Others959451678384-26.3%
Total6,2426,7232,1772,563-25.7%

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

  1. Singapore (53.6 tons)
  2. China (44.5 tons)
  3. Australia (39.2 tons)
  4. Indonesia (34.8 tons)
  5. Brunei Darussalam (34.2 tons)
  6. Oman (26.7 tons)
  7. United States (20.4 tons)
  8. United Arab Emirates (9.1 tons)
  9. Brazil (2.9 tons)

Source: IndexBox Market Intelligence Platform

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