Price for Nickel; Tubes and Pipes, of Nickel Alloys in India - 2023
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in India (CIF) - 2022
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in India (FOB) - 2023
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in India
- Exports of Nickel; Tubes and Pipes, of Nickel Alloys in India
Price for Nickel; Tubes and Pipes, of Nickel Alloys in India (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $19,342 per ton in 2022, shrinking by -19.6% against the previous year. Overall, the import price showed a perceptible curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $37,654 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($95,204 per ton), while the price for Japan ($8,435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, of Nickel Alloys in India (FOB) - 2023
The average export price for nickel; tubes and pipes, of nickel alloyses stood at $30,747 per ton in July 2023, dropping by -21.9% against the previous month. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in February 2023 when the average export price increased by 45% m-o-m. Over the period under review, the average export prices reached the maximum at $87,684 per ton in November 2022; however, from December 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Italy ($252K per ton), while the average price for exports to the UK ($27,472 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in India
In 2022, imports of nickel; tubes and pipes, of nickel alloyses into India surged to 1.9K tons, with an increase of 57% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, of nickel alloyses skyrocketed to $37M in 2022. In general, imports, however, saw a relatively flat trend pattern.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.2 | 2.2 | 3.3 | 7.0 | 29.8% |
| United States | 9.9 | 7.0 | 4.2 | 6.5 | -13.1% |
| Italy | 11.0 | 3.7 | 4.7 | 4.8 | -24.2% |
| China | 3.7 | 5.6 | 3.9 | 4.6 | 7.5% |
| United Kingdom | 2.5 | 5.7 | 4.2 | 2.4 | -1.4% |
| Singapore | 0.8 | 0.1 | 0.2 | 2.1 | 37.9% |
| Japan | 0.7 | 1.9 | 1.7 | 1.4 | 26.0% |
| Malaysia | 0.1 | 0.3 | 0.5 | 1.3 | 135.1% |
| Germany | 0.4 | 3.8 | 2.8 | 1.2 | 44.2% |
| South Korea | 0.4 | 0.1 | 0.1 | 1.1 | 40.1% |
| Netherlands | 0.4 | 0.3 | 0.9 | 0.4 | 0.0% |
| Saudi Arabia | 0.4 | 0.6 | 0.3 | 0.2 | -20.6% |
| Others | 4.2 | 2.0 | 2.5 | 3.9 | -2.4% |
| Total | 37.7 | 33.2 | 29.2 | 37.0 | -0.6% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to India in 2022:
- United Arab Emirates (563.5 tons)
- China (287.4 tons)
- United States (194.5 tons)
- Japan (160.1 tons)
- Italy (136.6 tons)
- Singapore (127.6 tons)
- Malaysia (114.0 tons)
- South Korea (85.3 tons)
- United Kingdom (53.8 tons)
- Germany (36.1 tons)
- Netherlands (24.7 tons)
- Saudi Arabia (17.3 tons)
Exports of Nickel; Tubes and Pipes, of Nickel Alloys in India
In 2022, shipments abroad of nickel; tubes and pipes, of nickel alloyses decreased by -2% to 512 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of 747 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $18M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.1 | 8.9 | 3.4 | 6.4 | -7.6% |
| Saudi Arabia | 1.4 | 0.4 | 0.4 | 2.9 | 27.5% |
| United States | 0.7 | 1.3 | 1.1 | 2.0 | 41.9% |
| Netherlands | N/A | 0.1 | N/A | 1.2 | 246.4% |
| United Arab Emirates | 0.1 | 0.7 | 0.4 | 1.2 | 128.9% |
| South Korea | 0.6 | 0.5 | 3.5 | 0.9 | 14.5% |
| Belgium | N/A | N/A | N/A | 0.7 | 0% |
| Italy | 2.8 | 0.3 | 1.4 | 0.2 | -58.5% |
| Others | 1.4 | 0.9 | 1.8 | 2.4 | 19.7% |
| Total | 15.1 | 13.1 | 11.9 | 18.1 | 6.2% |
Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from India in 2022:
- China (247.2 tons)
- United States (58.9 tons)
- Belgium (30.3 tons)
- South Korea (29.7 tons)
- Saudi Arabia (28.9 tons)
- Netherlands (27.3 tons)
- United Arab Emirates (26.7 tons)
- Italy (9.1 tons)
260
This report provides an in-depth analysis of the market for nickel pipes and fittings in India.
536
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
Nothing found. Please try again.
