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

Contents:

1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (FOB) - 2023
2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic (CIF) - 2022
3. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic
4. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Czech Republic

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

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $53,874 per ton in August 2023, dropping by -36.7% against the previous month. In general, export price indicated temperate growth from December 2022 to August 2023: its price increased at an average monthly rate of +2.9% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -36.7% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 39% m-o-m. Over the period under review, the average export prices attained the maximum at $85,164 per ton in July 2023, and then declined sharply in the following month.

As there is only one major export destination, the average price level is determined by prices for Spain.

From December 2022 to August 2023, the rate of growth in terms of prices for Malaysia amounted to +23.4% per month.

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

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $37,999 per ton, increasing by 16% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 102% against the previous year. As a result, import price attained the peak level of $85,647 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($445,860 per ton), while the price for Poland ($23,291 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s exported from the Czech Republic skyrocketed to 174 tons, rising by 108% on the year before. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 236%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $7.5M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 243%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Spain (89.5 tons)
2. United Kingdom (51.0 tons)
3. Malaysia (22.7 tons)
4. China (4.9 tons)
5. Slovakia (0.4 tons)

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

In 2022, approx. 128 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into the Czech Republic; with a decrease of -19.8% against the year before. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 808%. As a result, imports reached the peak of 159 tons, and then dropped markedly in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s fell to $4.8M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 299%. As a result, imports reached the peak of $5.2M, and then contracted in the following year.

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

1. Sweden (81.0 tons)
2. Italy (14.1 tons)
3. Germany (10.9 tons)
4. Ukraine (4.7 tons)
5. United Kingdom (3.9 tons)
6. Netherlands (3.5 tons)
7. Poland (3.2 tons)
8. Austria (2.1 tons)

Source: IndexBox Market Intelligence Platform