Price for Nickel; Tubes and Pipes, Not Alloyed in Vietnam - 2022
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in Vietnam (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, Not Alloyed in Vietnam
Price for Nickel; Tubes and Pipes, Not Alloyed in Vietnam (CIF) - 2022
In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $49,037 per ton, jumping by 45% against the previous year. Overall, the import price, however, recorded a perceptible decline. The import price peaked at $60,291 per ton in 2012; however, from 2013 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 the United States ($66,530 per ton), while the price for South Korea ($11,106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Tubes and Pipes, Not Alloyed in Vietnam
In 2022, imports of nickel; tubes and pipes, not alloyeds into Vietnam soared to 2.9 tons, with an increase of 17% compared with the previous year. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 27%. As a result, imports attained the peak of 3.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $142K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.3% against 2019 indices. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.9 | 33.7 | 46.8 | 76.2 | 56.4% |
| Malaysia | 38.9 | 34.1 | 25.0 | 24.1 | -14.8% |
| Japan | 3.4 | 6.4 | 7.5 | 19.8 | 79.9% |
| Germany | 3.4 | 1.3 | 1.8 | 11.1 | 48.3% |
| United States | 7.3 | 5.6 | 2.3 | 9.9 | 10.7% |
| South Korea | 3.0 | 0.8 | 0.6 | 0.5 | -45.0% |
| Sweden | N/A | 31.5 | N/A | N/A | 0% |
| Others | 5.8 | 4.9 | N/A | N/A | -15.5% |
| Total | 81.7 | 118 | 84.0 | 142 | 20.2% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Vietnam in 2022:
- China (1146.0 kg)
- Malaysia (1044.0 kg)
- Japan (335.0 kg)
- Germany (167.0 kg)
- United States (149.0 kg)
- South Korea (47.0 kg)
387
This report provides an in-depth analysis of the market for nickel tubes, pipes and tube or pipe fittings in Vietnam.
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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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