Price for Nickel; Tubes and Pipes, Not Alloyed in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $54,624 per ton, which is down by -8.7% against the previous year. Overall, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. The import price peaked at $97,905 per ton in 2013; however, from 2014 to 2022, 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 Switzerland ($621,395 per ton), while the price for Malaysia ($23,329 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tubes and pipes, not alloyeds stood at $16,919 per ton in 2022, dropping by -37.7% against the previous year. Over the period under review, the export price, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 288%. As a result, the export price reached the peak level of $95,190 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Timor-Leste.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +45.4% per year.

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

In 2022, supplies from abroad of nickel; tubes and pipes, not alloyeds was finally on the rise to reach 4.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic curtailment.

In value terms, imports of nickel; tubes and pipes, not alloyeds skyrocketed to $244K in 2022. Over the period under review, imports, however, faced a deep reduction.

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

1. Malaysia (3560.0 kg)
2. United Kingdom (312.0 kg)
3. Japan (312.0 kg)
4. China (127.0 kg)
5. Singapore (109.0 kg)
6. Switzerland (38.0 kg)

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

In 2022, overseas shipments of nickel; tubes and pipes, not alloyeds were finally on the rise to reach 14 tons after two years of decline. Overall, exports, however, showed a precipitous slump.

In value terms, exports of nickel; tubes and pipes, not alloyeds declined remarkably to $244K in 2022. In general, exports, however, recorded a abrupt slump. The smallest decline of -1.8% was in 2020.

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

1. Timor-Leste (14.4 tons)

Source: IndexBox Market Intelligence Platform