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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $36,851 per ton in 2022, surging by 14% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +83.0% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 62% against the previous year. Over the period under review, average import prices reached the peak figure at $39,148 per ton in 2014; however, from 2015 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 the UK ($104,013 per ton), while the price for Italy ($16,907 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.8%), 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 Romania (FOB) - 2022

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $88,901 per ton, increasing by 111% against the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices hit record highs at $117,485 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 the UK ($436,374 per ton), while the average price for exports to India ($58,756 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 South Korea (+40.1%), 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 Romania

In 2022, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Romania expanded rapidly to 131 tons, picking up by 5.5% on 2021 figures. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $4.8M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Romania in 2022:

1. Italy (70.4 tons)
2. China (26.2 tons)
3. United Kingdom (12.9 tons)
4. Hungary (7.9 tons)
5. Poland (3.9 tons)
6. Netherlands (2.0 tons)
7. Belgium (0.1 tons)

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

After three years of growth, overseas shipments of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -43.1% to 35 tons in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 229% against the previous year. As a result, the exports attained the peak of 61 tons, and then reduced markedly in the following year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $3.1M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 219% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Oman (17.8 tons)
2. Saudi Arabia (7.8 tons)
3. India (4.8 tons)
4. United States (0.9 tons)
5. Mexico (0.7 tons)
6. United Kingdom (0.7 tons)
7. United Arab Emirates (0.7 tons)
8. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform