Price for Nickel; Tube and Pipe Fittings in Chile - 2023

Contents:

  1. Price for Nickel; Tube and Pipe Fittings in Chile (CIF) - 2022
  2. Imports of Nickel; Tube and Pipe Fittings in Chile

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

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $74,848 per ton, growing by 16% against the previous year. Overall, the import price, however, saw a mild downturn. The growth pace was the most rapid in 2019 an increase of 67%. The import price peaked at $88,954 per ton in 2013; however, from 2014 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 the UK ($719,967 per ton), while the price for Denmark ($33,131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Tube and Pipe Fittings in Chile

In 2022, approx. 2.5 tons of nickel; tube and pipe fittingses were imported into Chile; with an increase of 57% on the previous year's figure. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, nickel; tube and pipe fittings imports soared to $190K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. 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; Tube and Pipe Fittings in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.374.424.992.0114.7%
United Kingdom3.011.617.643.9144.6%
United States66.520.247.127.2-25.8%
India2.65.13.119.896.7%
Denmark2.60.80.15.326.8%
Spain10.74.10.5N/A-78.4%
Malaysia5.96.36.0N/A0.8%
Others9.89.85.31.4-47.7%
Total11013210519020.0%

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

  1. China (1760.0 kg)
  2. India (279.0 kg)
  3. United States (239.0 kg)
  4. Denmark (160.0 kg)
  5. United Kingdom (61.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tube and pipe fittings - Chile