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

Contents:

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

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

In August 2023, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $63,626 per ton, which is down by -13.5% against the previous month. Over the period under review, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 29% against the previous month. As a result, the export price attained the peak level of $83,235 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Qatar ($197K per ton), while the average price for exports to Bahrain ($38,904 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $73,231 per ton in August 2023, picking up by 17% against the previous month. Overall, the import price saw slight growth. The growth pace was the most rapid in May 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $81,297 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($129K per ton), while the price for China ($52,685 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+13.6%), 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 Netherlands

In 2022, approx. 433 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were exported from the Netherlands; picking up by 15% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $28M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.33.33.64.424.1%
Germany2.12.53.14.226.0%
Belgium2.12.11.52.911.4%
France0.81.61.21.728.6%
United Kingdom2.21.81.71.7-8.2%
Spain1.80.50.71.6-3.9%
United Arab Emirates0.41.50.81.451.8%
India0.50.41.71.337.5%
China0.70.70.71.219.7%
AzerbaijanN/A0.40.20.950.0%
Norway0.30.60.50.838.7%
South Korea0.50.20.40.711.9%
Singapore0.40.20.40.57.7%
Others4.55.14.34.71.5%
Total18.720.820.528.014.4%

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

  1. Italy (81.2 tons)
  2. Germany (57.9 tons)
  3. Belgium (34.9 tons)
  4. United Kingdom (34.0 tons)
  5. United Arab Emirates (26.3 tons)
  6. India (24.2 tons)
  7. Spain (23.7 tons)
  8. Azerbaijan (22.4 tons)
  9. France (21.9 tons)
  10. China (14.9 tons)
  11. Singapore (12.1 tons)
  12. South Korea (11.4 tons)
  13. Norway (11.4 tons)

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

For the third year in a row, the Netherlands recorded decline in overseas purchases of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which decreased by -13.2% to 429 tons in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of -6% was in 2020.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s rose rapidly to $28M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4.15.57.17.622.8%
United States3.83.81.95.412.4%
Germany4.34.74.34.30.0%
Italy5.43.94.12.5-22.6%
RomaniaN/AN/AN/A1.70%
Japan0.50.51.41.130.1%
Belgium1.61.81.51.0-14.5%
Canada0.10.10.20.9108.0%
IndiaN/AN/AN/A0.90%
China1.10.62.10.7-14.0%
France2.22.61.00.3-48.5%
Sweden1.13.60.30.1-55.0%
Others2.51.41.91.3-19.6%
Total26.928.525.927.91.2%

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

  1. United Kingdom (154.2 tons)
  2. Germany (81.6 tons)
  3. United States (44.7 tons)
  4. Italy (30.2 tons)
  5. Japan (23.2 tons)
  6. India (16.7 tons)
  7. Romania (16.6 tons)
  8. China (15.8 tons)
  9. Belgium (10.1 tons)
  10. Canada (8.7 tons)
  11. France (8.1 tons)
  12. Sweden (1.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - Netherlands