Price for Nickel; Tube and Pipe Fittings in Colombia - 2022
Contents:
- Price for Nickel; Tube and Pipe Fittings in Colombia (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in Colombia (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Colombia
- Exports of Nickel; Tube and Pipe Fittings in Colombia
Price for Nickel; Tube and Pipe Fittings in Colombia (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $51,251 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 75%. The import price peaked at $53,388 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($129,050 per ton), while the price for China ($19,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in Colombia (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $146,109 per ton, growing by 106% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($3,839,000 per ton), while the average price for exports to Peru ($53,500 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 Peru (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Colombia
In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; tube and pipe fittingses, when their volume increased by 37% to 7.5 tons. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; tube and pipe fittings imports skyrocketed to $386K in 2022. In general, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tube and Pipe Fittings in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 6.2 | 1.3 | 65.1 | 150 | 189.2% |
| South Korea | 59.2 | 104 | 48.6 | 89.9 | 14.9% |
| United States | 133 | 49.4 | 23.4 | 43.9 | -30.9% |
| China | 10.6 | 14.0 | 57.5 | 33.3 | 46.5% |
| Netherlands | 0.2 | 0.9 | 13.8 | 19.8 | 362.6% |
| Italy | 13.1 | 8.4 | 3.2 | 8.5 | -13.4% |
| Mexico | 0.1 | 0.1 | 2.0 | 5.0 | 268.4% |
| Spain | 10.8 | 3.0 | 0.6 | N/A | -76.4% |
| Democratic People's Republic of Korea | 2.3 | 2.6 | 2.1 | N/A | -4.4% |
| Others | 20.6 | 19.1 | 29.3 | 35.1 | 19.4% |
| Total | 256 | 203 | 246 | 386 | 14.7% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Colombia in 2022:
- South Korea (2871.0 kg)
- Singapore (1954.0 kg)
- China (1723.0 kg)
- United States (340.0 kg)
- Netherlands (210.0 kg)
- Mexico (163.0 kg)
- Italy (82.0 kg)
- Spain (1.0 kg)
Exports of Nickel; Tube and Pipe Fittings in Colombia
In 2022, nickel; tube and pipe fittings exports from Colombia declined rapidly to 46 kg, which is down by -27% against the year before. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 6.8%. As a result, the exports reached the peak of 63 kg, and then shrank notably in the following year.
In value terms, nickel; tube and pipe fittings exports soared to $6.7K in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Nickel; Tube and Pipe Fittings in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 3.8 | 0% |
| Ecuador | 1.5 | 0.6 | 4.0 | 2.8 | 23.1% |
| Peru | N/A | N/A | N/A | 0.1 | 0% |
| Nigeria | 1.5 | N/A | N/A | N/A | 0% |
| Guatemala | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| United States | 0.4 | 0.3 | 0.4 | N/A | 0.0% |
| Mexico | N/A | 1.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.5 | 2.2 | 4.5 | 6.7 | 24.2% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Colombia in 2022:
- Ecuador (43.0 kg)
- Peru (2.0 kg)
- Norway (1.0 kg)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Colombia.
537
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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