Price for Nickel; Tubes and Pipes, of Nickel Alloys in Estonia - 2023

Contents:

  1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Estonia (FOB) - 2022
  2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Estonia (CIF) - 2022
  3. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Estonia
  4. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Estonia

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Estonia (FOB) - 2022

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $83,553 per ton, growing by 8.2% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $205,833 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($954,578 per ton), while the average price for exports to Ukraine stood at $8,893 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-11.5%).

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Estonia (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $50,878 per ton in 2022, jumping by 103% against the previous year. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in 2013 when the average import price increased by 166%. As a result, import price reached the peak level of $55,363 per ton. From 2014 to 2022, the average import prices remained 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 South Korea ($70,735 per ton), while the price for Italy ($25,542 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%).

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Estonia

In 2022, exports of nickel; tubes and pipes, of nickel alloyses from Estonia skyrocketed to 570 kg, with an increase of 6,233% on 2021. Over the period under review, exports posted a resilient expansion.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $48K in 2022. Overall, exports recorded a significant increase.

Export of Nickel; Tubes and Pipes, of Nickel Alloys in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A43.00%
UkraineN/AN/AN/A4.70%
Russia22.870.50.7N/A-82.5%
OthersN/AN/AN/AN/A0%
Total22.870.50.747.627.8%

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Estonia in 2022:

  1. Ukraine (525.0 kg)
  2. Germany (45.0 kg)

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Estonia

In 2022, supplies from abroad of nickel; tubes and pipes, of nickel alloyses decreased by -90.1% to 450 kg, falling for the second consecutive year after two years of growth. In general, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 1,051% against the previous year. As a result, imports attained the peak of 24 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses fell rapidly to $23K in 2022. Over the period under review, imports faced a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 783% against the previous year. As a result, imports attained the peak of $697K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A16.30%
ItalyN/A59320.03.0-92.9%
Germany53.980.782.02.6-63.6%
Others25.022.612.21.0-65.8%
Total78.969711422.9-33.8%

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Estonia in 2022:

  1. South Korea (230.0 kg)
  2. Italy (118.0 kg)
  3. Germany (95.0 kg)

Source: IndexBox Market Intelligence Platform

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