Price for Nickel; Tubes and Pipes, of Nickel Alloys in Iran - 2022

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

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $24,126 per ton in 2022, dropping by -34.9% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2018 an increase of 51%. The import price peaked at $40,694 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($63,598 per ton), while the price for Italy ($16,451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $31,409 per ton in 2022, picking up by 3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 37% against the previous year. The export price peaked at $35,182 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +2.6% per year.

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

For the fourth year in a row, Iran recorded growth in overseas purchases of nickel; tubes and pipes, of nickel alloyses, which increased by 83% to 60 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 111% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses skyrocketed to $1.5M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 191% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Iran (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	109	99.8	860	1,153	119.5%
United Arab Emirates	42.1	130	10.7	114	39.4%
Germany	110	66.1	211	93.0	-5.4%
South Korea	25.5	17.6	56.1	46.5	22.2%
Italy	42.7	78.3	70.5	29.0	-12.1%
Others	15.4	29.0	16.1	21.3	11.4%
Total	344	420	1,225	1,458	61.8%

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

China (52.2 tons)
United Arab Emirates (4.0 tons)
Italy (1.8 tons)
Germany (1.5 tons)
South Korea (0.8 tons)

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

In 2022, the amount of nickel; tubes and pipes, of nickel alloyses exported from Iran fell to 557 kg, waning by -8.7% against 2021. In general, exports recorded a deep setback. The smallest decline of -8.5% was in 2021.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses reduced to $17K in 2022. Over the period under review, exports continue to indicate a deep reduction. The smallest decline of -5.4% was in 2021.