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

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana (CIF) - 2022
  2. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana

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

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $22,920 per ton, shrinking by -33.8% against the previous year. In general, the import price recorded a abrupt decline. The growth pace was the most rapid in 2019 an increase of 6.9% against the previous year. Over the period under review, average import prices hit record highs at $75,167 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($47,270 per ton), while the price for Turkey ($708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Ghana contracted notably to 5.5 tons, with a decrease of -23.9% on the year before. Overall, imports saw a precipitous contraction.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s shrank sharply to $127K in 2022. In general, imports saw a dramatic downturn. The smallest decline of -42.8% was in 2020.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3,5982,13415.4112-68.5%
United States3871661847.0-73.8%
Australia14.98.17.91.4-54.5%
United Arab Emirates20.18.36.01.1-62.0%
France1.82.35.51.0-17.8%
Singapore4.32.94.80.7-45.4%
Israel7.53.22.40.3-65.8%
Others92.134.725.23.3-67.0%
Total4,1252,359251127-68.7%

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

  1. United Kingdom (4428.0 kg)
  2. United Arab Emirates (251.0 kg)
  3. Israel (197.0 kg)
  4. United States (148.0 kg)
  5. Australia (133.0 kg)
  6. Singapore (95.0 kg)
  7. France (91.0 kg)

Source: IndexBox Market Intelligence Platform

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