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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $24,922 per ton in 2022, picking up by 37% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 46%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Sweden ($35,046 per ton), while the price for Spain ($13,323 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.2%), 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 Portugal (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $41,820 per ton in 2022, picking up by 520% against the previous year. Overall, the export price continues to indicate a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($93,937 per ton), while the average price for exports to France ($11,000 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 France (+19.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Portugal surged to 65 tons in 2022, with an increase of 36% compared with 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $1.6M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (24.4 tons)
2. Sweden (22.8 tons)
3. Italy (9.9 tons)
4. United Kingdom (2.0 tons)
5. Germany (1.8 tons)
6. China (1.6 tons)
7. Netherlands (1.5 tons)

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

Exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Portugal contracted sharply to 217 kg in 2022, waning by -79.5% compared with the previous year's figure. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 25%.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $9.1K in 2022. Overall, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 97%.

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

1. Angola (136.0 kg)
2. Morocco (79.0 kg)
3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform