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

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Israel (CIF) - 2022
2. Imports of Nickel; Tubes and Pipes, Not Alloyed in Israel

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $49,000 per ton, increasing by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $56,311 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($49,020 per ton), while the price for Switzerland ($48,780 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of nickel; tubes and pipes, not alloyeds, when their volume decreased by -82.9% to 1 tons. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,540% against the previous year. As a result, imports attained the peak of 5.8 tons, and then shrank rapidly in the following year.

In value terms, imports of nickel; tubes and pipes, not alloyeds fell rapidly to $49K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,643% against the previous year. As a result, imports attained the peak of $244K, and then reduced dramatically in the following year.

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

1. China (816.0 kg)
2. Germany (143.0 kg)
3. Switzerland (41.0 kg)

Source: IndexBox Market Intelligence Platform