Price for Nickel; Tubes and Pipes, Not Alloyed in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $8,218 per ton, rising by 90% against the previous year. Overall, the import price, however, showed a abrupt curtailment. Over the period under review, average import prices hit record highs at $14,557 per ton in 2012; however, from 2013 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 India ($18,801 per ton), while the price for China ($2,880 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+53.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, supplies from abroad of nickel; tubes and pipes, not alloyeds decreased by -18.7% to 34 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 5.1%. As a result, imports reached the peak of 44 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nickel; tubes and pipes, not alloyeds skyrocketed to $278K in 2022. Over the period under review, imports showed a pronounced contraction.

Import of Nickel; Tubes and Pipes, Not Alloyed in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A97.80%
SingaporeN/AN/A32.482.9155.9%
South Korea78.712011760.5-8.4%
TurkeyN/AN/AN/A13.00%
Italy10.5N/A10.37.1-12.2%
Germany42.23.7N/A7.0-45.1%
United States16.7N/A3.65.0-33.1%
United Kingdom15475.016.43.7-71.1%
SwitzerlandN/A22.6N/AN/A0%
OthersN/AN/AN/A0.90%
Total303222180278-2.8%

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

  1. South Korea (14.0 tons)
  2. Singapore (11.3 tons)
  3. India (5.2 tons)
  4. Turkey (1.0 tons)
  5. United States (0.6 tons)
  6. Germany (0.6 tons)
  7. Italy (0.5 tons)
  8. United Kingdom (0.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes and pipes, not alloyed - Malaysia