Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland (CIF) - 2023
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland (CIF) - 2023
In August 2023, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $48,322 per ton, reducing by -25.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 105% month-to-month. The import price peaked at $108K per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +7.9% per month.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland (FOB) - 2022
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $42,587 per ton in 2022, reducing by -48.3% against the previous year. Overall, the export price recorded a mild downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices hit record highs at $92,667 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($110,121 per ton), while the average price for exports to the United States ($31,527 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+12.0%), 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 Finland
In 2022, approx. 24 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Finland; increasing by 34% on 2021 figures. Overall, imports, however, saw a pronounced curtailment.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $1.4M in 2022. The total import value increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 494 | 416 | 483 | 737 | 14.3% |
| Czech Republic | N/A | N/A | N/A | 123 | 0% |
| Sweden | 63.0 | 86.2 | 71.6 | 122 | 24.6% |
| Netherlands | 43.4 | 112 | 281 | 97.5 | 31.0% |
| Italy | 64.2 | 11.1 | 77.4 | 78.0 | 6.7% |
| United States | 86.2 | 431 | 82.8 | 32.6 | -27.7% |
| China | 101 | 1.5 | 0.6 | 0.2 | -87.4% |
| Others | 102 | 227 | 90.7 | 202 | 25.6% |
| Total | 954 | 1,286 | 1,087 | 1,392 | 13.4% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Finland in 2022:
- Germany (16.8 tons)
- Sweden (3.0 tons)
- Italy (1.6 tons)
- Czech Republic (1.6 tons)
- Netherlands (0.6 tons)
- United States (0.1 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland
After three years of growth, shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -24.9% to 1.6 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 181% against the previous year. As a result, the exports attained the peak of 2.1 tons, and then contracted notably in the following year.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s reduced rapidly to $68K in 2022. In general, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of $174K, and then fell dramatically in the following year.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 14.2 | 9.7 | 36.0 | 34.4 | 34.3% |
| Uruguay | 0.6 | N/A | 0.2 | 7.3 | 130.0% |
| Lithuania | N/A | 18.4 | 5.0 | 4.5 | -50.5% |
| Poland | 1.2 | 3.0 | 4.7 | 4.2 | 51.8% |
| United States | 0.3 | 1.5 | 0.9 | 3.5 | 126.8% |
| Kazakhstan | N/A | N/A | N/A | 2.7 | 0% |
| United Kingdom | N/A | 0.1 | N/A | 2.1 | 358.3% |
| China | 0.2 | 0.8 | N/A | 1.8 | 108.0% |
| Czech Republic | 1.9 | 4.0 | N/A | 1.4 | -9.7% |
| Singapore | N/A | N/A | 80.9 | 0.5 | -99.4% |
| Sweden | 19.2 | 5.9 | 40.5 | 0.3 | -75.0% |
| Others | 5.0 | 26.2 | 5.7 | 4.9 | -0.7% |
| Total | 42.7 | 69.6 | 174 | 67.6 | 16.5% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Finland in 2022:
- Estonia (1019.0 kg)
- United States (112.0 kg)
- Poland (88.0 kg)
- Lithuania (71.0 kg)
- Uruguay (66.0 kg)
- China (48.0 kg)
- Kazakhstan (42.0 kg)
- United Kingdom (30.0 kg)
- Czech Republic (24.0 kg)
- Singapore (9.0 kg)
- Sweden (4.0 kg)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Finland.
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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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