Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (CIF) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $27,330 per ton in 2022, leveling off at the previous year. Overall, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 71% against the previous year. Over the period under review, average import prices hit record highs at $35,834 per ton in 2018; however, from 2019 to 2022, 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 Germany ($155,600 per ton), while the price for Italy ($1,556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela
In 2022, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -51.1% to 470 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 53%. As a result, imports attained the peak of 1.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s dropped markedly to $13K in 2022. Overall, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports attained the peak of $39K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 19.1 | 25.7 | 17.9 | 9.1 | -21.9% |
| China | 4.7 | 6.9 | 4.0 | 1.7 | -28.8% |
| United States | 3.2 | 3.4 | 1.9 | 0.8 | -37.0% |
| Panama | 0.7 | 1.0 | 0.7 | 0.3 | -24.6% |
| United Kingdom | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
| Italy | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 1.3 | 1.8 | 1.3 | 0.8 | -14.9% |
| Total | 29.4 | 39.2 | 26.0 | 12.8 | -24.2% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Venezuela in 2022:
- China (144.0 kg)
- Spain (142.0 kg)
- United States (115.0 kg)
- Panama (46.0 kg)
- Italy (9.0 kg)
- United Kingdom (6.0 kg)
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