Price for Nickel; Tube and Pipe Fittings in Israel - 2021

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

The average import price for nickel; tube and pipe fittingses stood at $34,689 per ton in 2022, rising by 12% against the previous year. In general, the import price, however, recorded a mild contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 81%. As a result, import price attained the peak level of $57,224 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 ($264,151 per ton), while the price for the UK ($13,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tube and pipe fittingses stood at $163,100 per ton in 2022, declining by -4.8% against the previous year. Over the period under review, the export price, however, recorded significant growth. The pace of growth was the most pronounced in 2018 an increase of 121% against the previous year. Over the period under review, the average export prices reached the peak figure at $171,341 per ton in 2021, and then dropped modestly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($163,117 per ton), while the average price for exports to the United States stood at $163,058 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Tube and Pipe Fittings in Israel

In 2022, purchases abroad of nickel; tube and pipe fittingses decreased by -15.3% to 7.4 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; tube and pipe fittings imports dropped to $255K in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, imports attained the peak of $459K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Nickel; Tube and Pipe Fittings in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	76.5	88.4	36.6	119	15.9%
Germany	0.7	6.0	22.6	42.0	291.5%
China	15.0	3.9	17.0	36.0	33.9%
United Kingdom	8.9	11.4	53.1	22.0	35.2%
India	23.9	8.8	33.6	11.0	-22.8%
Italy	40.3	102	0.9	10.0	-37.2%
Sweden	N/A	N/A	N/A	4.0	0%
Belgium	8.2	23.9	9.5	4.0	-21.3%
Switzerland	51.2	68.8	52.7	N/A	1.5%
Others	33.4	146	43.1	7.0	-40.6%
Total	258	459	269	255	-0.4%

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

United States (2578.0 kg)
United Kingdom (1618.0 kg)
China (948.0 kg)
India (369.0 kg)
Germany (159.0 kg)
Italy (114.0 kg)
Sweden (108.0 kg)
Belgium (60.0 kg)

Exports of Nickel; Tube and Pipe Fittings in Israel

Nickel; tube and pipe fittings exports from Israel surged to 4.1 tons in 2022, with an increase of 322% compared with the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings exports soared to $663K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.