Price for Nickel; Tubes and Pipes, of Nickel Alloys in China - 2024
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in China (FOB) - 2024
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in China (CIF) - 2024
- Exports of Nickel; Tubes and Pipes, of Nickel Alloys in China
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in China
Price for Nickel; Tubes and Pipes, of Nickel Alloys in China (FOB) - 2024
The average export price for nickel; tubes and pipes, of nickel alloyses stood at $42,220 per ton in August 2023, increasing by 29% against the previous month. Over the period under review, the export price, however, showed a pronounced setback. The export price peaked at $52,950 per ton in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Brazil ($57,942 per ton), while the average price for exports to Iran ($20,178 per ton) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, of Nickel Alloys in China (CIF) - 2024
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $153K per ton in September 2023, declining by -36.5% against the previous month. Over the period under review, the import price, however, showed a buoyant increase. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 79% against the previous month. The import price peaked at $240K per ton in August 2023, and then dropped notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1.3M per ton), while the price for Germany ($27,291 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+53.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tubes and Pipes, of Nickel Alloys in China
In 2022, exports of nickel; tubes and pipes, of nickel alloyses from China surged to 2.1K tons, jumping by 52% on 2021. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; tubes and pipes, of nickel alloyses surged to $82M in 2022. In general, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Tubes and Pipes, of Nickel Alloys in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.4 | 1.7 | 3.0 | 8.5 | 24.5% |
| United Arab Emirates | 6.6 | 4.9 | 7.8 | 8.1 | 7.1% |
| Thailand | 1.5 | 0.5 | 0.8 | 6.2 | 60.5% |
| India | 3.5 | 3.9 | 3.7 | 6.0 | 19.7% |
| Italy | 6.9 | 4.0 | 1.1 | 5.8 | -5.6% |
| Brazil | 0.1 | 0.2 | 0.4 | 5.6 | 282.6% |
| Saudi Arabia | 1.1 | 4.1 | 2.6 | 4.1 | 55.0% |
| United States | 3.0 | 1.4 | 3.0 | 3.8 | 8.2% |
| Argentina | 0.1 | 0.1 | 0.7 | 3.7 | 233.2% |
| Kuwait | 0.1 | N/A | 0.1 | 2.2 | 180.2% |
| Canada | 0.5 | 0.1 | 1.3 | 1.9 | 56.0% |
| Iran | 0.8 | 0.3 | 0.2 | 1.4 | 20.5% |
| Malaysia | 16.5 | 1.4 | 0.9 | 0.8 | -63.5% |
| Others | 20.4 | 16.6 | 17.5 | 23.4 | 4.7% |
| Total | 65.4 | 39.4 | 43.2 | 81.6 | 7.7% |
Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from China in 2022:
- United Arab Emirates (226.8 tons)
- South Korea (212.5 tons)
- India (204.1 tons)
- Italy (198.3 tons)
- Thailand (189.1 tons)
- Brazil (144.7 tons)
- Argentina (104.0 tons)
- United States (92.1 tons)
- Saudi Arabia (79.0 tons)
- Iran (57.9 tons)
- Kuwait (56.5 tons)
- Malaysia (50.9 tons)
- Canada (50.8 tons)
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in China
In 2022, approx. 1.1K tons of nickel; tubes and pipes, of nickel alloyses were imported into China; with a decrease of -48.3% on 2021 figures. Over the period under review, imports faced a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 22%.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses contracted rapidly to $80M in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.0 | 19.0 | 24.4 | 22.7 | -11.7% |
| France | 13.4 | 5.4 | 1.9 | 13.4 | 0.0% |
| Germany | 3.4 | 4.6 | 8.1 | 11.7 | 51.0% |
| Japan | 6.4 | 14.6 | 8.7 | 9.5 | 14.1% |
| Italy | 19.5 | 3.2 | 30.7 | 7.5 | -27.3% |
| India | 5.9 | 9.9 | 5.2 | 6.2 | 1.7% |
| United Kingdom | 15.2 | 8.5 | 8.1 | 6.2 | -25.8% |
| Spain | 0.2 | 0.5 | 15.7 | 0.5 | 35.7% |
| Sweden | 24.6 | 0.5 | 0.4 | 0.4 | -74.7% |
| Others | 4.4 | 2.6 | 5.3 | 1.8 | -25.8% |
| Total | 126 | 68.7 | 109 | 79.9 | -14.1% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to China in 2022:
- India (235.7 tons)
- Japan (203.9 tons)
- France (188.3 tons)
- Italy (176.8 tons)
- United States (95.3 tons)
- United Kingdom (73.2 tons)
- Germany (43.0 tons)
- Spain (14.0 tons)
- Sweden (10.9 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in China.
461
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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