Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France - 2023

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (FOB) - 2022
  2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (CIF) - 2023
  3. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France
  4. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (FOB) - 2022

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $42,396 per ton, rising by 41% against the previous year. In general, the export price, however, saw a mild shrinkage. Over the period under review, the average export prices reached the peak figure at $56,209 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($113,085 per ton), while the average price for exports to the Netherlands ($20,488 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 the United States (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (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 $181K per ton, picking up by 4.3% against the previous month. Over the period under review, import price indicated a remarkable increase from December 2022 to August 2023: its price increased at an average monthly rate of +8.0% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +47.3% against May 2023 indices. The pace of growth was the most pronounced in February 2023 when the average import price increased by 66% month-to-month. As a result, import price attained the peak level of $184K per ton. From March 2023 to August 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($771K per ton), while the price for Switzerland ($84,121 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France

After three years of growth, shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -36.3% to 1.8K tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 31% against the previous year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $76M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of $85M, and then fell in the following year.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.228.140.823.031.1%
United States20.419.318.116.8-6.3%
China12.65.94.313.52.3%
JapanN/AN/A9.04.4-51.1%
Italy5.84.63.62.9-20.6%
Netherlands3.11.21.42.8-3.3%
South Korea0.4N/A0.10.931.0%
Spain2.62.10.80.6-38.7%
Others15.19.47.211.5-8.7%
Total70.370.885.276.52.9%

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from France in 2022:

  1. Germany (939.3 tons)
  2. China (195.4 tons)
  3. United States (148.5 tons)
  4. Netherlands (138.5 tons)
  5. Italy (83.5 tons)
  6. Japan (50.2 tons)
  7. South Korea (41.2 tons)
  8. Spain (12.9 tons)

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France

In 2022, after three years of growth, there was significant decline in supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -25.4% to 1.4K tons. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports attained the peak of 1.9K tons, and then shrank markedly in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s dropped rapidly to $55M in 2022. Over the period under review, imports recorded a sharp descent. The smallest decline of -31.7% was in 2020.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.716.726.522.267.8%
United States19211745.312.5-59.8%
United Kingdom2.62.13.97.240.4%
Italy4.62.93.94.3-2.2%
India0.40.30.62.481.7%
Switzerland0.10.50.51.3135.1%
Belgium0.90.81.81.210.1%
Others5.12.82.63.7-10.1%
Total21014485.154.9-36.1%

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to France in 2022:

  1. Germany (1015.0 tons)
  2. Italy (97.5 tons)
  3. United States (89.0 tons)
  4. India (55.4 tons)
  5. United Kingdom (39.8 tons)
  6. Switzerland (36.7 tons)
  7. Belgium (30.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - France