Price for Nickel; Tube and Pipe Fittings in Angola - 2022

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Angola (CIF) - 2022
2. Price for Nickel; Tube and Pipe Fittings in Angola (FOB) - 2022
3. Imports of Nickel; Tube and Pipe Fittings in Angola
4. Exports of Nickel; Tube and Pipe Fittings in Angola

Price for Nickel; Tube and Pipe Fittings in Angola (CIF) - 2022

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $31,023 per ton, with a decrease of -20.6% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 213%. The import price peaked at $39,685 per ton in 2014; however, from 2015 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 South Africa ($62,449 per ton), while the price for Portugal ($8,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tube and Pipe Fittings in Angola (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $72,542 per ton in 2022, growing by 102% against the previous year. Overall, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 107%. Over the period under review, the average export prices reached the peak figure at $125,158 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($1,202,000 per ton), while the average price for exports to the United States ($973 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 Senegal (+135.4%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Tube and Pipe Fittings in Angola

In 2022, the amount of nickel; tube and pipe fittingses imported into Angola declined notably to 6.1 tons, waning by -21.4% against the year before. Overall, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.

In value terms, nickel; tube and pipe fittings imports declined dramatically to $189K in 2022. Over the period under review, imports recorded a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $303K, and then dropped rapidly in the following year.

Top Suppliers of Nickel; Tube and Pipe Fittings to Angola in 2022:

1. United States (4536.0 kg)
2. United Kingdom (439.0 kg)
3. France (278.0 kg)
4. India (255.0 kg)
5. Portugal (197.0 kg)
6. South Africa (176.0 kg)
7. China (102.0 kg)

Exports of Nickel; Tube and Pipe Fittings in Angola

Nickel; tube and pipe fittings exports from Angola shrank dramatically to 72 kg in 2022, which is down by -19.1% compared with 2021 figures. In general, exports, however, saw a perceptible expansion. The growth pace was the most rapid in 2021 with an increase of 128%. As a result, the exports attained the peak of 89 kg, and then shrank sharply in the following year.

In value terms, nickel; tube and pipe fittings exports skyrocketed to $5.2K in 2022. Over the period under review, exports, however, showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Tube and Pipe Fittings from Angola in 2022:

1. United States (37.0 kg)
2. Namibia (30.0 kg)
3. Norway (3.0 kg)
4. Senegal (2.0 kg)

Source: IndexBox Market Intelligence Platform