Price for Nickel; Tubes and Pipes, Not Alloyed in Belgium - 2023

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Belgium (CIF) - 2022
2. Price for Nickel; Tubes and Pipes, Not Alloyed in Belgium (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, Not Alloyed in Belgium
4. Exports of Nickel; Tubes and Pipes, Not Alloyed in Belgium

Price for Nickel; Tubes and Pipes, Not Alloyed in Belgium (CIF) - 2022

The average import price for nickel; tubes and pipes, not alloyeds stood at $63,214 per ton in 2022, picking up by 1,066% against the previous year. In general, the import price saw a significant expansion. The import price peaked at $84,214 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 France ($268,500 per ton), while the price for China ($9,944 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Tubes and Pipes, Not Alloyed in Belgium (FOB) - 2022

In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $13,943 per ton, falling by -44.9% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 an increase of 299%. As a result, the export price attained the peak level of $271,800 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 France ($21,929 per ton), while the average price for exports to Germany totaled $11,077 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-23.5%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Tubes and Pipes, Not Alloyed in Belgium

In 2022, imports of nickel; tubes and pipes, not alloyeds into Belgium dropped significantly to 3.1 tons, reducing by -88.5% compared with 2021 figures. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 592%. As a result, imports reached the peak of 27 tons, and then contracted notably in the following year.

In value terms, imports of nickel; tubes and pipes, not alloyeds skyrocketed to $195K in 2022. Overall, imports faced a sharp reduction.

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Belgium in 2022:

1. Switzerland (1677.0 kg)
2. United Kingdom (1038.0 kg)
3. Italy (251.0 kg)
4. China (71.0 kg)

Exports of Nickel; Tubes and Pipes, Not Alloyed in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of nickel; tubes and pipes, not alloyeds, when their volume decreased by -99.5% to 53 kg. Over the period under review, exports saw a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 489% against the previous year.

In value terms, exports of nickel; tubes and pipes, not alloyeds declined rapidly to $739 in 2022. In general, exports faced a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 151% against the previous year.

Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from Belgium in 2022:

1. Germany (39.0 kg)
2. France (14.0 kg)

Source: IndexBox Market Intelligence Platform