Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK - 2024
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK (FOB) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK (CIF) - 2022
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK (FOB) - 2022
In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $52,375 per ton, growing by 6.7% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2019 an increase of 24% against the previous year. Over the period under review, the average export prices reached the maximum at $63,297 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Germany ($74,247 per ton), while the average price for exports to Norway ($29,638 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 Qatar (+5.3%), 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 UK (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $44,723 per ton in 2022, surging by 13% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 43% against the previous year. As a result, import price reached the peak level of $56,397 per ton. From 2018 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 ($99,026 per ton), while the price for Sweden ($21,961 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), 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 UK
Exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from the UK expanded markedly to 2K tons in 2022, picking up by 8.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. As a result, the exports attained the peak of 2K tons; afterwards, it flattened through to 2022.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $104M in 2022. In general, exports, however, saw a mild contraction.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.1 | 21.2 | 12.7 | 33.0 | 11.0% |
| Netherlands | 4.7 | 5.7 | 8.5 | 8.4 | 21.4% |
| Singapore | 8.7 | 6.1 | 5.2 | 6.7 | -8.3% |
| Qatar | 2.1 | 2.1 | 4.3 | 6.3 | 44.2% |
| Germany | 8.5 | 8.1 | 3.3 | 6.1 | -10.5% |
| Norway | 5.7 | 8.3 | 8.5 | 5.4 | -1.8% |
| China | 8.6 | 5.6 | 5.7 | 4.4 | -20.0% |
| United Arab Emirates | 9.8 | 6.1 | 2.1 | 3.3 | -30.4% |
| Brazil | 1.3 | 0.9 | 1.1 | 3.2 | 35.0% |
| France | 4.4 | 3.2 | 5.2 | 3.2 | -10.1% |
| India | 3.5 | 5.8 | 5.1 | 2.5 | -10.6% |
| South Korea | 1.9 | 1.7 | 2.2 | 1.6 | -5.6% |
| Ireland | 0.7 | 0.9 | 0.9 | 1.1 | 16.3% |
| Others | 24.0 | 22.9 | 25.6 | 18.9 | -7.7% |
| Total | 108 | 98.7 | 90.3 | 104 | -1.3% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from the UK in 2022:
- United States (614.4 tons)
- Norway (182.1 tons)
- Netherlands (174.2 tons)
- Qatar (154.6 tons)
- Singapore (137.5 tons)
- Germany (81.8 tons)
- China (75.0 tons)
- India (57.9 tons)
- France (49.8 tons)
- Brazil (49.4 tons)
- United Arab Emirates (49.1 tons)
- South Korea (36.2 tons)
- Ireland (35.1 tons)
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK
In 2022, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s was finally on the rise to reach 815 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp downturn.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $36M in 2022. Over the period under review, imports, however, recorded a abrupt setback.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.3 | 10.0 | 9.2 | 11.1 | 6.1% |
| United States | 29.4 | 11.9 | 11.8 | 10.6 | -28.8% |
| Italy | 4.4 | 3.9 | 1.5 | 4.1 | -2.3% |
| Japan | 2.1 | 0.6 | 0.2 | 3.3 | 16.3% |
| France | 11.1 | 1.6 | 0.6 | 1.2 | -52.4% |
| China | 0.3 | 0.5 | 0.3 | 1.0 | 49.4% |
| Sweden | 2.8 | 1.2 | 0.6 | 0.9 | -31.5% |
| Netherlands | 1.7 | 1.1 | 0.8 | 0.8 | -22.2% |
| India | 0.5 | 0.4 | 0.3 | 0.6 | 6.3% |
| Others | 2.9 | 3.7 | 4.9 | 3.0 | 1.1% |
| Total | 64.2 | 34.9 | 30.3 | 36.5 | -17.2% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the UK in 2022:
- Germany (292.8 tons)
- Italy (131.2 tons)
- United States (106.7 tons)
- Japan (87.0 tons)
- Sweden (40.1 tons)
- China (34.3 tons)
- India (23.0 tons)
- France (20.9 tons)
- Netherlands (19.3 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the UK.
453
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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