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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $39,169 per ton in 2022, waning by -9.4% against the previous year. Overall, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 35%. Over the period under review, average import prices attained the maximum at $73,744 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($152,379 per ton), while the price for Italy ($26,648 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.8%), 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 Thailand (FOB) - 2022

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $37,104 per ton, growing by 86% against the previous year. Over the period under review, the export price saw significant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 141%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Malaysia ($80,303 per ton), while the average price for exports to Lao People's Democratic Republic ($2,348 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 Turkey (+47.2%), 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 Thailand

In 2022, approx. 236 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Thailand; picking up by 295% against the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached 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 soared to $9.2M in 2022. In general, imports showed 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 Thailand in 2022:

1. China (182.6 tons)
2. Italy (22.9 tons)
3. Japan (18.7 tons)
4. United States (5.5 tons)
5. India (2.8 tons)

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

Exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Thailand fell remarkably to 21 tons in 2022, dropping by -23.7% on the year before. Overall, exports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. As a result, the exports reached the peak of 27 tons, and then contracted dramatically in the following year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $762K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 82%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Malaysia (5.4 tons)
2. Myanmar (4.4 tons)
3. Japan (4.0 tons)
4. Madagascar (3.5 tons)
5. Lao People's Democratic Republic (2.1 tons)
6. Cambodia (0.8 tons)

Source: IndexBox Market Intelligence Platform