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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $38,584 per ton in 2022, rising by 1.9% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of 41%. As a result, import price reached the peak level of $71,103 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 United States ($347,310 per ton), while the price for Spain ($20,572 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $93,566 per ton in 2022, picking up by 51% against the previous year. Overall, the export price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2015 an increase of 161%. As a result, the export price reached the peak level of $376,535 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($682,244 per ton), while the average price for exports to Sweden ($22,677 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 Germany (+22.4%), 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 Norway

In 2022, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -16.9% to 225 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 355 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s dropped remarkably to $8.7M in 2022. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4.47.78.65.68.4%
United States2.01.40.70.9-23.4%
Germany0.30.20.30.626.0%
SpainN/A0.10.10.5123.6%
Italy0.20.20.10.314.5%
Brazil2.80.7N/A0.2-58.5%
Sweden0.1N/A0.10.226.0%
Netherlands0.20.50.10.1-20.6%
Others0.21.00.30.314.5%
Total10.311.810.38.7-5.5%

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

  1. United Kingdom (168.9 tons)
  2. Spain (23.6 tons)
  3. Germany (11.3 tons)
  4. Brazil (5.3 tons)
  5. Sweden (4.4 tons)
  6. Italy (4.0 tons)
  7. United States (2.6 tons)
  8. Netherlands (1.0 tons)

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

For the third consecutive year, Norway recorded decline in shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which decreased by -65.7% to 5.3 tons in 2022. In general, exports saw a precipitous decline. The smallest decline of -1.3% was in 2021.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s fell dramatically to $494K in 2022. Over the period under review, exports continue to indicate a sharp slump. The smallest decline of -38.8% was in 2020.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.58.64.294.2297.5%
United Kingdom15026444067.4-23.4%
Germany10150.54.658.7-16.5%
Brazil7.4N/A22.657.498.0%
United States9.413.82.151.175.8%
AngolaN/A5.99.928.0117.8%
Denmark25.912.43.013.3-19.9%
United Arab Emirates93.33527.513.2-47.9%
China46.80.2N/A12.2-36.1%
Sweden56.50.20.712.1-40.2%
Singapore7878523646.5-79.8%
Vietnam1,0450.1N/AN/A-100.0%
Tunisia45.3N/AN/AN/A0%
Others61726799.080.1-49.4%
Total2,9861,826957494-45.1%

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

  1. United Kingdom (2755.0 kg)
  2. Sweden (532.0 kg)
  3. Brazil (457.0 kg)
  4. France (365.0 kg)
  5. Denmark (199.0 kg)
  6. China (180.0 kg)
  7. United States (173.0 kg)
  8. Angola (106.0 kg)
  9. United Arab Emirates (96.0 kg)
  10. Germany (86.0 kg)
  11. Singapore (59.0 kg)

Source: IndexBox Market Intelligence Platform

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