Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China - 2024
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China (CIF) - 2024
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China (FOB) - 2024
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China (CIF) - 2024
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $135K per ton in September 2023, falling by -38.6% against the previous month. Over the period under review, the import price, however, posted a strong increase. The growth pace was the most rapid in July 2023 an increase of 45% against the previous month. Over the period under review, average import prices hit record highs at $220K per ton in August 2023, and then dropped markedly 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 ($26,702 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 (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China (FOB) - 2024
In August 2023, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $44,872 per ton, rising by 24% against the previous month. In general, the export price, however, continues to indicate a noticeable descent. The export price peaked at $53,474 per ton in February 2023; however, from March 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($57,942 per ton), while the average price for exports to Russia ($23,131 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 (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China
In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into China contracted rapidly to 1.2K tons, which is down by -39.2% compared with 2021 figures. In general, imports saw a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 9.6% against the previous year.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s fell rapidly to $102M in 2022. Overall, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.0 | 22.0 | 28.1 | 26.8 | -10.2% |
| Germany | 7.0 | 8.3 | 12.3 | 16.7 | 33.6% |
| France | 13.7 | 6.2 | 3.3 | 13.4 | -0.7% |
| Italy | 23.6 | 5.7 | 34.6 | 13.0 | -18.0% |
| Japan | 7.8 | 16.3 | 11.4 | 11.3 | 13.2% |
| United Kingdom | 16.9 | 10.0 | 9.5 | 8.4 | -20.8% |
| India | 5.9 | 9.9 | 5.3 | 6.6 | 3.8% |
| Sweden | 24.6 | 0.5 | 0.4 | 0.4 | -74.7% |
| Others | 8.6 | 7.0 | 24.3 | 5.2 | -15.4% |
| Total | 145 | 85.8 | 129 | 102 | -11.1% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to China in 2022:
- Italy (251.6 tons)
- India (237.1 tons)
- Japan (212.1 tons)
- France (188.3 tons)
- United States (105.1 tons)
- Germany (97.6 tons)
- United Kingdom (85.6 tons)
- Sweden (10.9 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China
In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from China soared to 2.4K tons, jumping by 48% compared with the year before. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +69.1% 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, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $91M in 2022. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.0 | 1.7 | 5.4 | 10.4 | 27.7% |
| United Arab Emirates | 6.8 | 5.5 | 9.0 | 9.5 | 11.8% |
| Thailand | 1.5 | 0.9 | 1.0 | 6.9 | 66.3% |
| India | 4.0 | 4.1 | 4.0 | 6.4 | 17.0% |
| Italy | 6.9 | 4.3 | 1.2 | 5.9 | -5.1% |
| Brazil | 0.1 | 0.4 | 0.4 | 5.8 | 287.1% |
| United States | 3.3 | 1.9 | 3.5 | 4.2 | 8.4% |
| Saudi Arabia | 1.1 | 4.5 | 2.8 | 4.1 | 55.0% |
| Argentina | 0.1 | 0.1 | 0.8 | 3.7 | 233.2% |
| Kuwait | 0.1 | N/A | 0.1 | 2.4 | 188.4% |
| Singapore | 1.1 | 0.1 | 2.6 | 2.1 | 24.1% |
| Iran | 0.8 | 0.9 | 0.3 | 1.5 | 23.3% |
| Malaysia | 16.5 | 1.4 | 1.0 | 0.9 | -62.1% |
| Others | 21.3 | 17.5 | 18.7 | 26.7 | 7.8% |
| Total | 68.8 | 43.4 | 50.8 | 90.5 | 9.6% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from China in 2022:
- United Arab Emirates (250.6 tons)
- South Korea (249.0 tons)
- Thailand (217.9 tons)
- India (203.7 tons)
- Italy (200.0 tons)
- Brazil (155.8 tons)
- Argentina (104.2 tons)
- Malaysia (97.3 tons)
- United States (93.9 tons)
- Singapore (88.5 tons)
- Saudi Arabia (79.8 tons)
- Iran (59.2 tons)
- Kuwait (58.0 tons)
310
This report provides an in-depth analysis of the market for nickel pipes and fittings in China.
538
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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