Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (CIF) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $4,310 per ton in 2022, which is down by -19.7% against the previous year. Overall, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 69% against the previous year. As a result, import price reached the peak level of $15,807 per ton. From 2020 to 2022, the average 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 Arab Emirates ($15,389 per ton), while the price for China amounted to $2,409 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+64.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan
In 2022, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -40.5% to 1.4 tons, falling for the second year in a row after two years of growth. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year. As a result, imports reached the peak of 4.4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s fell rapidly to $6K in 2022. Over the period under review, imports continue to indicate a sharp contraction. The smallest decline of -34.3% was in 2021.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.9 | 4.2 | 5.9 | 3.1 | -23.4% |
| China | 8.6 | 5.0 | 6.6 | 2.9 | -30.4% |
| Oman | 15.3 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 6.8 | N/A | N/A | 0% |
| Turkey | N/A | 3.0 | N/A | N/A | 0% |
| Others | 3.1 | N/A | N/A | N/A | 0% |
| Total | 34.0 | 19.1 | 12.5 | 6.0 | -43.9% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Sudan in 2022:
- China (1183.0 kg)
- United Arab Emirates (203.0 kg)
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