Price for Nickel; Tubes and Pipes, Not Alloyed in Canada - 2024
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in Canada (CIF) - 2022
- Price for Nickel; Tubes and Pipes, Not Alloyed in Canada (FOB) - 2022
- Imports of Nickel; Tubes and Pipes, Not Alloyed in Canada
- Exports of Nickel; Tubes and Pipes, Not Alloyed in Canada
Price for Nickel; Tubes and Pipes, Not Alloyed in Canada (CIF) - 2022
The average import price for nickel; tubes and pipes, not alloyeds stood at $40,598 per ton in 2022, which is down by -4% against the previous year. In general, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of 28%. The import price peaked at $57,466 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 Netherlands ($232,333 per ton), while the price for Italy ($20,760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, Not Alloyed in Canada (FOB) - 2022
In 2021, the average export price for nickel; tubes and pipes, not alloyeds amounted to $24,723 per ton, falling by -36.6% against the previous year. Overall, the export price recorded a mild downturn. The growth pace was the most rapid in 2019 when the average export price increased by 69% against the previous year. The export price peaked at $38,986 per ton in 2020, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +1.7% per year.
Imports of Nickel; Tubes and Pipes, Not Alloyed in Canada
In 2022, the amount of nickel; tubes and pipes, not alloyeds imported into Canada soared to 1.9 tons, jumping by 28% on the previous year's figure. In general, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 83%.
In value terms, imports of nickel; tubes and pipes, not alloyeds soared to $78K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 94%.
| Import of Nickel; Tubes and Pipes, Not Alloyed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.1 | 8.5 | 25.5 | 30.6 | 144.2% |
| Japan | 7.6 | 4.7 | 10.0 | 21.4 | 41.2% |
| China | 0.7 | 0.7 | 10.2 | 14.2 | 172.7% |
| United States | 54.3 | 10.6 | 9.4 | 6.5 | -50.7% |
| United Kingdom | 17.9 | 4.8 | 4.6 | 1.9 | -52.7% |
| Italy | 1.7 | 0.8 | 1.3 | 1.6 | -2.0% |
| France | 3.1 | 0.8 | 0.8 | 0.3 | -54.1% |
| Others | 9.1 | 2.1 | 2.3 | 2.0 | -39.7% |
| Total | 96.3 | 33.0 | 64.0 | 78.4 | -6.6% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Canada in 2022:
- Germany (744.0 kg)
- Japan (540.0 kg)
- China (360.0 kg)
- United States (163.0 kg)
- Italy (75.0 kg)
- United Kingdom (15.0 kg)
- France (14.0 kg)
Exports of Nickel; Tubes and Pipes, Not Alloyed in Canada
In 2021, approx. 455 kg of nickel; tubes and pipes, not alloyeds were exported from Canada; picking up by 214% compared with 2020 figures. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; tubes and pipes, not alloyeds soared to $11K in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage.
| Export of Nickel; Tubes and Pipes, Not Alloyed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 10.3 | 3.5 | 11.2 | 4.3% | |
| Vietnam | N/A | 1.5 | N/A | 0% | |
| Sweden | 4.3 | N/A | N/A | 0% | |
| Bolivia | N/A | 0.1 | N/A | 0% | |
| Others | 0.2 | 0.5 | N/A | 150.0% | |
| Total | 14.8 | 5.7 | 11.2 | -13.0% | |
Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from Canada in 2022:
- United States (455.0 kg)
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