Price for Nickel; Tubes and Pipes, Not Alloyed in the United States - 2024
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in the United States (CIF) - 2022
- Price for Nickel; Tubes and Pipes, Not Alloyed in the United States (FOB) - 2022
- Imports of Nickel; Tubes and Pipes, Not Alloyed in the United States
- Exports of Nickel; Tubes and Pipes, Not Alloyed in the United States
Price for Nickel; Tubes and Pipes, Not Alloyed in the United States (CIF) - 2022
The average import price for nickel; tubes and pipes, not alloyeds stood at $45,491 per ton in 2022, surging by 25% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes and pipes, not alloyeds increased by +106.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 65%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($95,409 per ton), while the price for Japan ($26,642 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, Not Alloyed in the United States (FOB) - 2022
In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $42,008 per ton, waning by -22.7% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 120% against the previous year. As a result, the export price reached the peak level of $54,320 per ton, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($83,921 per ton), while the average price for exports to Spain ($21,627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, Not Alloyed in the United States
In 2022, overseas purchases of nickel; tubes and pipes, not alloyeds were finally on the rise to reach 93 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a drastic downturn.
In value terms, imports of nickel; tubes and pipes, not alloyeds soared to $4.3M in 2022. Over the period under review, imports enjoyed tangible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes and Pipes, Not Alloyed in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,321 | 930 | 1,406 | 2,705 | 5.2% |
| United Kingdom | 3.4 | 2.1 | 24.7 | 1,095 | 585.5% |
| France | 139 | 190 | 224 | 197 | 12.3% |
| Japan | 15.1 | 2.8 | 5.1 | 117 | 97.9% |
| India | N/A | 11.0 | N/A | 68.5 | 149.5% |
| China | 1,185 | 58.6 | 92.9 | 2.3 | -87.5% |
| Others | 78.9 | 9.6 | 68.6 | 66.7 | -5.4% |
| Total | 3,743 | 1,205 | 1,822 | 4,251 | 4.3% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to the United States in 2022:
- Germany (63.7 tons)
- United Kingdom (21.3 tons)
- Japan (4.4 tons)
- France (2.1 tons)
- India (1.6 tons)
Exports of Nickel; Tubes and Pipes, Not Alloyed in the United States
In 2022, overseas shipments of nickel; tubes and pipes, not alloyeds were finally on the rise to reach 47 tons after two years of decline. In general, exports, however, faced a abrupt downturn.
In value terms, exports of nickel; tubes and pipes, not alloyeds surged to $2M in 2022. Overall, exports, however, showed a relatively flat trend pattern.
| Export of Nickel; Tubes and Pipes, Not Alloyed in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 17.0 | 2.9 | 512 | 448.8% |
| Mexico | 430 | 327 | 299 | 300 | -11.3% |
| Germany | 11.6 | N/A | N/A | 150 | 134.7% |
| Spain | 29.6 | 29.6 | 32.4 | 121 | 59.9% |
| Saint Kitts and Nevis | N/A | N/A | N/A | 101 | 0% |
| Colombia | N/A | N/A | N/A | 91.3 | 0% |
| Taiwan (Chinese) | 23.7 | 47.4 | 48.9 | 79.9 | 49.9% |
| United Kingdom | 44.1 | 55.3 | 3.0 | 62.5 | 12.3% |
| South Korea | 100 | 5.6 | 281 | 60.3 | -15.5% |
| Austria | N/A | N/A | N/A | 49.2 | 0% |
| Thailand | 44.7 | 40.6 | 47.7 | 45.6 | 0.7% |
| Canada | 83.1 | 29.2 | 16.2 | 42.2 | -20.2% |
| Dominican Republic | 130 | 20.5 | N/A | N/A | -84.2% |
| Others | 1,119 | 209 | 322 | 344 | -32.5% |
| Total | 2,015 | 782 | 1,054 | 1,960 | -0.9% |
Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from the United States in 2022:
- France (14.2 tons)
- Germany (6.5 tons)
- Spain (5.6 tons)
- Mexico (3.6 tons)
- Colombia (3.6 tons)
- Saint Kitts and Nevis (3.2 tons)
- Taiwan (Chinese) (1.9 tons)
- Thailand (1.9 tons)
- South Korea (1.2 tons)
- Canada (1.1 tons)
- Austria (1.0 tons)
- United Kingdom (0.8 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the USA.
538
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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