Price for Nickel; Tube and Pipe Fittings in Indonesia - 2022
Contents:
- Price for Nickel; Tube and Pipe Fittings in Indonesia (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in Indonesia (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Indonesia
- Exports of Nickel; Tube and Pipe Fittings in Indonesia
Price for Nickel; Tube and Pipe Fittings in Indonesia (CIF) - 2022
In 2022, the average import price for nickel; tube and pipe fittingses amounted to $6,999 per ton, falling by -48.1% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 103% against the previous year. Over the period under review, average import prices reached the maximum at $14,725 per ton in 2015; however, from 2016 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 India ($16,097 per ton), while the price for Singapore ($4,432 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in Indonesia (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $18,856 per ton, declining by -63.2% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 139% against the previous year. Over the period under review, the average export prices hit record highs at $51,286 per ton in 2021, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($36,514 per ton), while the average price for exports to Timor-Leste amounted to $1,766 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Tube and Pipe Fittings in Indonesia
In 2022, the amount of nickel; tube and pipe fittingses imported into Indonesia skyrocketed to 440 tons, rising by 164% on the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 208% against the previous year. As a result, imports reached the peak of 764 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; tube and pipe fittings imports skyrocketed to $3.1M in 2022. In general, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 174%. As a result, imports attained the peak of $5.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nickel; Tube and Pipe Fittings in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 51.5 | 1,972 | 27.6 | 1,562 | 211.9% |
| China | 893 | 98.8 | 243 | 466 | -19.5% |
| South Korea | 78.0 | 1,349 | 1,364 | 323 | 60.6% |
| Italy | 373 | 534 | 1.0 | 86.7 | -38.5% |
| Others | 457 | 1,121 | 610 | 641 | 11.9% |
| Total | 1,853 | 5,075 | 2,245 | 3,078 | 18.4% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Indonesia in 2022:
- Singapore (352.3 tons)
- China (44.6 tons)
- South Korea (27.9 tons)
- Italy (3.6 tons)
Exports of Nickel; Tube and Pipe Fittings in Indonesia
Nickel; tube and pipe fittings exports from Indonesia reduced remarkably to 423 kg in 2022, shrinking by -85.2% compared with the previous year. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 2,627%. As a result, the exports reached the peak of 2.9 tons, and then contracted notably in the following year.
In value terms, nickel; tube and pipe fittings exports shrank markedly to $8K in 2022. In general, exports recorded a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 4,138%. As a result, the exports reached the peak of $147K, and then contracted remarkably in the following year.
| Export of Nickel; Tube and Pipe Fittings in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | 3.4 | 1.9 | 7.6 | 49.5% |
| Timor-Leste | N/A | N/A | N/A | 0.4 | 0% |
| United Kingdom | 29.9 | N/A | 50.4 | N/A | 29.8% |
| Brazil | N/A | N/A | 94.0 | N/A | 0% |
| Others | 0.9 | 0.1 | 0.4 | N/A | -33.3% |
| Total | 30.9 | 3.5 | 147 | 8.0 | -36.3% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Indonesia in 2022:
- Timor-Leste (214.0 kg)
- Singapore (208.0 kg)
399
This report provides an in-depth analysis of the market for nickel pipes and fittings in Indonesia.
538
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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