Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (CIF) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $29,007 per ton, with a decrease of -4.6% against the previous year. Over the period under review, the import price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 134%. Over the period under review, average import prices hit record highs at $54,307 per ton in 2018; however, from 2019 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 Italy ($137,287 per ton), while the price for the United States ($21,875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+38.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria
In 2022, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Algeria soared to 36 tons, picking up by 166% compared with the previous year. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 335%. As a result, imports attained the peak of 93 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $1M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 425%. As a result, imports attained the peak of $3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 339 | 2,175 | N/A | 902 | 38.6% |
| United States | 76.8 | 14.7 | 299 | 88.3 | 4.8% |
| Belgium | 8.3 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 635 | N/A | N/A | 0% |
| Turkey | 9.2 | N/A | 14.8 | N/A | 26.8% |
| Others | 130 | 132 | 99.1 | 55.2 | -24.8% |
| Total | 564 | 2,957 | 412 | 1,045 | 22.8% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Algeria in 2022:
- China (31.6 tons)
- United States (4.0 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Algeria.
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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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