Price for Nickel; Tube and Pipe Fittings in Singapore - 2022
Contents:
- Price for Nickel; Tube and Pipe Fittings in Singapore (FOB) - 2022
- Price for Nickel; Tube and Pipe Fittings in Singapore (CIF) - 2022
- Exports of Nickel; Tube and Pipe Fittings in Singapore
- Imports of Nickel; Tube and Pipe Fittings in Singapore
Price for Nickel; Tube and Pipe Fittings in Singapore (FOB) - 2022
The average export price for nickel; tube and pipe fittingses stood at $32,091 per ton in 2022, with a decrease of -51.2% against the previous year. Overall, the export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 71% against the previous year. The export price peaked at $98,472 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($45,684 per ton), while the average price for exports to Malaysia ($18,722 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 Thailand (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nickel; Tube and Pipe Fittings in Singapore (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $152K per ton in September 2022, which is down by -20.5% against the previous month. Over the period under review, the import price, however, recorded notable growth. The pace of growth was the most pronounced in November 2021 when the average import price increased by 367% month-to-month. As a result, import price attained the peak level of $1.4M per ton. From December 2021 to September 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($869K per ton), while the price for Indonesia ($79,023 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tube and Pipe Fittings in Singapore
In 2022, the amount of nickel; tube and pipe fittingses exported from Singapore soared to 738 tons, surging by 555% on the previous year. Over the period under review, exports showed 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 skyrocketed to $24M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Tube and Pipe Fittings in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | 0.1 | 10.2 | 10100.0% |
| Indonesia | 0.6 | 2.8 | 2.8 | 7.4 | 131.0% |
| China | 0.7 | 1.8 | 0.8 | 1.0 | 12.6% |
| Malaysia | 0.2 | 0.1 | 0.7 | 0.8 | 58.7% |
| Australia | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Others | 3.4 | 4.6 | 3.0 | 4.1 | 6.4% |
| Total | 5.1 | 9.3 | 7.4 | 23.7 | 66.9% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Singapore in 2022:
- Thailand (490.9 tons)
- Indonesia (161.5 tons)
- Malaysia (41.3 tons)
- Australia (11.4 tons)
- China (4.2 tons)
Imports of Nickel; Tube and Pipe Fittings in Singapore
In 2022, the amount of nickel; tube and pipe fittingses imported into Singapore skyrocketed to 124 tons, jumping by 65% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 224%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, nickel; tube and pipe fittings imports surged to $9.4M in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 66%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Tube and Pipe Fittings in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,183 | 1,332 | 1,811 | 2,869 | 34.4% |
| Indonesia | 0.9 | 0.2 | 1.6 | 2,134 | 1233.5% |
| Malaysia | 491 | 813 | 161 | 1,353 | 40.2% |
| United States | 1,339 | 1,636 | 987 | 1,110 | -6.1% |
| Australia | N/A | N/A | 90.4 | 425 | 370.1% |
| Italy | 735 | 3,106 | 841 | 378 | -19.9% |
| India | 33.2 | 24.9 | 117 | 271 | 101.3% |
| Germany | 352 | 89.5 | 507 | 168 | -21.9% |
| South Korea | 51.3 | 425 | 651 | 139 | 39.4% |
| Others | 448 | 251 | 673 | 523 | 5.3% |
| Total | 4,633 | 7,677 | 5,840 | 9,370 | 26.5% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Singapore in 2022:
- Indonesia (51.1 tons)
- United Kingdom (30.2 tons)
- Australia (11.4 tons)
- Malaysia (7.4 tons)
- Italy (5.5 tons)
- Germany (3.4 tons)
- India (3.3 tons)
- United States (2.9 tons)
- South Korea (2.7 tons)
319
This report provides an in-depth analysis of the market for nickel pipes and fittings in Singapore.
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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