Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $44,872 per ton, rising by 7.6% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +33.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $53,951 per ton. From 2016 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 UK ($68,711 per ton), while the price for Spain ($27,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $29,417 per ton, surging by 22% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($79,755 per ton), while the average price for exports to Angola ($9,089 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 Nigeria (+22.0%), 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 the United Arab Emirates
In 2022, after two years of decline, there was significant growth in supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume increased by 7.5% to 717 tons. Overall, imports, however, continue to indicate a abrupt shrinkage.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $32M in 2022. In general, imports, however, saw a abrupt curtailment.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 5.5 | 9.0 | 9.5 | 11.8% |
| Italy | 8.6 | 7.9 | 2.4 | 5.5 | -13.8% |
| United States | 8.0 | 5.8 | 6.1 | 3.5 | -24.1% |
| United Kingdom | 9.8 | 6.1 | 2.1 | 3.3 | -30.4% |
| Spain | 4.0 | 3.7 | 1.2 | 1.7 | -24.8% |
| Singapore | 0.7 | 0.7 | 0.3 | 1.4 | 26.0% |
| Germany | 3.3 | 1.3 | 2.9 | 1.3 | -26.7% |
| Saudi Arabia | N/A | 0.6 | 0.3 | N/A | -50.0% |
| Others | 4.7 | 9.4 | 3.5 | 6.0 | 8.5% |
| Total | 45.9 | 40.9 | 27.8 | 32.2 | -11.1% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the United Arab Emirates in 2022:
- China (252.5 tons)
- Italy (114.0 tons)
- Spain (63.3 tons)
- United States (58.9 tons)
- United Kingdom (47.7 tons)
- Singapore (46.6 tons)
- Germany (32.2 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates
Exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from the United Arab Emirates rose to 330 tons in 2022, surging by 3.4% compared with the previous year. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 152% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $9.7M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 152% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | 2.3 | 4.0 | 7.7 | 148.8% |
| Oman | 0.4 | 1.6 | 2.4 | 1.7 | 62.0% |
| Angola | N/A | N/A | N/A | 0.1 | 0% |
| Kazakhstan | 0.6 | 0.2 | 0.2 | N/A | -42.3% |
| Nigeria | N/A | N/A | 1.0 | N/A | 0% |
| Congo | 0.6 | 1.0 | N/A | N/A | 66.7% |
| Others | 0.1 | 0.7 | 0.2 | 0.1 | 0.0% |
| Total | 2.3 | 5.7 | 7.7 | 9.7 | 61.6% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from the United Arab Emirates in 2022:
- India (288.9 tons)
- Oman (21.9 tons)
- Angola (16.3 tons)
- Kazakhstan (1.3 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the United Arab Emirates.
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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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