Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Libya - 2022

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Libya (CIF) - 2022
  2. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Libya

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Libya (CIF) - 2022

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $21,570 per ton in 2022, with an increase of 111% against the previous year. In general, the import price showed a measured expansion. Over the period under review, average import prices hit record highs at $28,002 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($118,632 per ton), while the price for Italy ($3,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), 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 Libya

In 2022, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Libya fell notably to 3 tons, with a decrease of -27% on the previous year's figure. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 156% against the previous year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $66K in 2022. Overall, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 119% against the previous year. Over the period under review, imports of hit record highs in 2022 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 Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.57.318.710.3-17.7%
Italy4.72.48.17.617.4%
China4.32.16.55.810.5%
United Kingdom4.61.95.03.8-6.2%
United States1.50.82.72.620.1%
Turkey0.90.51.51.518.6%
Malta11.0N/AN/AN/A0%
OthersN/A4.5N/A34.0174.9%
Total45.519.442.565.613.0%

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

  1. Italy (2199.0 kg)
  2. China (280.0 kg)
  3. United States (257.0 kg)
  4. United Kingdom (127.0 kg)
  5. Germany (87.0 kg)
  6. Turkey (85.0 kg)

Source: IndexBox Market Intelligence Platform

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