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

Contents:

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

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

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $26,867 per ton, therefore, remained relatively stable against the previous year. In general, the import price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain 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 Austria ($73,622 per ton), while the price for Italy ($20,440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+112.7%), 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 Serbia (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $13,292 per ton in 2022, which is down by -47.5% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 134%. As a result, the export price reached the peak level of $25,306 per ton, and then dropped dramatically in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($14,824 per ton), while the average price for exports to Bosnia and Herzegovina ($11,424 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 Montenegro (+10.3%), 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 Serbia

In 2022, approx. 2 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Serbia; falling by -89% against the previous year. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2,359% against the previous year. As a result, imports reached the peak of 18 tons, and then contracted rapidly in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s reduced notably to $52K in 2022. Over the period under review, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 2,842%. As a result, imports attained the peak of $473K, and then shrank sharply in the following year.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy27.70.110132.85.8%
Germany2.02.71488.662.6%
JapanN/AN/A2.03.785.0%
AustriaN/AN/AN/A3.30%
China1080.52092.2-72.7%
Others30.612.913.11.7-61.8%
Total16816.147352.4-32.2%

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

  1. Italy (1606.0 kg)
  2. Germany (138.0 kg)
  3. Japan (74.0 kg)
  4. China (66.0 kg)
  5. Austria (45.0 kg)

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

In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Serbia dropped significantly to 2.3 tons, waning by -59.9% compared with the previous year's figure. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 109%. As a result, the exports attained the peak of 5.8 tons, and then shrank notably in the following year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s declined sharply to $31K in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 390%. As a result, the exports attained the peak of $146K, and then contracted dramatically in the following year.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro17.016.038.720.87.0%
Bosnia and Herzegovina10.211.47.76.8-12.6%
North Macedonia6.32.68.53.0-21.9%
LithuaniaN/AN/A80.3N/A0%
NetherlandsN/AN/A11.2N/A0%
Others5.7N/A0.10.2-67.3%
Total39.329.914630.8-7.8%

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

  1. Montenegro (1506.0 kg)
  2. Bosnia and Herzegovina (594.0 kg)
  3. North Macedonia (205.0 kg)

Source: IndexBox Market Intelligence Platform

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