Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States - 2024
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States (FOB) - 2024
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $68,030 per ton, dropping by -13.2% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $79,280 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($182,393 per ton), while the price for Japan ($24,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+11.4%), 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 States (FOB) - 2024
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $128K per ton in September 2023, increasing by 9.9% against the previous month. In general, the export price, however, saw a mild downturn. The export price peaked at $143K per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was France ($440K per ton), while the average price for exports to Guyana ($33,959 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+20.9%), 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 States
In 2022, supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 88% to 4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a prominent increase. As a result, imports attained 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 skyrocketed to $271M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 36.1 | 46.3 | 45.2 | 74.8 | 27.5% |
| Germany | 65.4 | 40.7 | 36.9 | 45.1 | -11.7% |
| Canada | 9.9 | 4.3 | 21.7 | 35.1 | 52.5% |
| United Kingdom | 20.6 | 18.9 | 9.6 | 28.3 | 11.2% |
| France | 12.5 | 16.4 | 23.2 | 25.5 | 26.8% |
| Italy | 8.1 | 3.4 | 2.6 | 21.6 | 38.7% |
| Japan | 18.1 | 21.5 | 10.4 | 16.3 | -3.4% |
| China | 8.6 | 2.2 | 2.8 | 4.7 | -18.2% |
| Others | 19.0 | 13.4 | 13.3 | 19.6 | 1.0% |
| Total | 198 | 167 | 166 | 271 | 11.0% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the United States in 2022:
- Canada (873.2 tons)
- Japan (654.3 tons)
- United Kingdom (525.2 tons)
- Germany (515.7 tons)
- Italy (462.9 tons)
- Sweden (410.2 tons)
- France (149.1 tons)
- China (125.6 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States
In 2022, overseas shipments of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were finally on the rise to reach 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a perceptible reduction.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $220M in 2022. Overall, exports, however, recorded a abrupt contraction.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 21.1 | 17.6 | 21.5 | 44.9 | 28.6% |
| Mexico | 18.6 | 12.0 | 20.2 | 22.4 | 6.4% |
| Germany | 13.6 | 10.4 | 13.7 | 17.6 | 9.0% |
| China | 12.5 | 10.6 | 15.3 | 11.7 | -2.2% |
| United Kingdom | 14.8 | 11.5 | 8.2 | 9.9 | -12.5% |
| South Korea | 4.7 | 9.6 | 6.0 | 9.8 | 27.8% |
| India | 10.4 | 4.0 | 3.9 | 7.3 | -11.1% |
| Taiwan (Chinese) | 3.0 | 4.2 | 2.6 | 7.1 | 33.3% |
| Brazil | 4.9 | 5.0 | 5.8 | 4.8 | -0.7% |
| Saudi Arabia | 1.7 | 1.3 | 2.3 | 4.8 | 41.3% |
| United Arab Emirates | 8.0 | 5.8 | 6.2 | 3.5 | -24.1% |
| Guyana | N/A | N/A | 0.8 | 3.3 | 312.5% |
| Qatar | 3.0 | 4.5 | 1.3 | 2.3 | -8.5% |
| Others | 169 | 104 | 62.4 | 70.7 | -25.2% |
| Total | 286 | 200 | 170 | 220 | -8.4% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from the United States in 2022:
- Canada (654.0 tons)
- Mexico (215.4 tons)
- India (168.3 tons)
- South Korea (128.9 tons)
- Saudi Arabia (106.1 tons)
- Taiwan (Chinese) (95.8 tons)
- Germany (88.5 tons)
- United Kingdom (83.6 tons)
- China (73.1 tons)
- Guyana (69.3 tons)
- United Arab Emirates (59.3 tons)
- Brazil (39.3 tons)
- Qatar (37.5 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the USA.
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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