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

Contents:

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

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

The average import price for nickel; tubes and pipes, not alloyeds stood at $141,600 per ton in 2022, dropping by -7.5% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 296%. Over the period under review, average import prices reached the maximum at $250,988 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($376,256 per ton), while the price for France ($7,064 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of nickel; tubes and pipes, not alloyeds imported into Morocco skyrocketed to 428 kg, increasing by 187% against the year before. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, not alloyeds skyrocketed to $61K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. France (220.0 kg)
2. China (111.0 kg)
3. Switzerland (78.0 kg)
4. Spain (19.0 kg)

Source: IndexBox Market Intelligence Platform