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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $61,412 per ton in 2022, dropping by -51.8% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $177,329 per ton. From 2020 to 2022, the average 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 France ($586,923 per ton), while the price for China ($8,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.2%), 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 Poland (FOB) - 2023

In August 2023, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $19,971 per ton, waning by -27.9% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 49% month-to-month. The export price peaked at $28,996 per ton in June 2023; however, from July 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 the United States ($531K per ton), while the average price for exports to Norway totaled $31,780 per ton.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Poland soared to 239 tons, increasing by 163% against 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $15M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.87.86.57.3-9.4%
France3.02.73.23.22.2%
ChinaN/AN/A0.31.1266.7%
Germany0.30.60.40.838.7%
Italy0.20.50.30.535.7%
Austria0.50.30.20.3-15.7%
BelgiumN/AN/A0.1N/A0%
Others0.80.70.71.420.5%
Total14.712.711.614.70.0%

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

  1. China (141.3 tons)
  2. Germany (33.9 tons)
  3. United States (22.7 tons)
  4. Austria (12.5 tons)
  5. Italy (12.0 tons)
  6. France (5.4 tons)
  7. Belgium (2.7 tons)

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

In 2022, shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -12.6% to 168 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 31%.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s rose modestly to $3.9M in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.1%.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1,3671,5892,1682,44921.5%
Russia2951,2321,27163929.4%
IndiaN/AN/A1.619512087.5%
GermanyN/AN/A88.0191117.0%
SwedenN/AN/A15.938.0139.0%
Mexico2,623280N/AN/A-89.3%
Others583398240342-16.3%
Total4,8683,5003,7843,854-7.5%

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

  1. Czech Republic (140.8 tons)
  2. Russia (15.3 tons)
  3. India (3.7 tons)
  4. Germany (3.6 tons)
  5. Sweden (2.6 tons)

Source: IndexBox Market Intelligence Platform

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