Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore (FOB) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore (CIF) - 2022
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore (FOB) - 2022
In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $31,600 per ton, falling by -26% against the previous year. Overall, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2017 an increase of 79% against the previous year. Over the period under review, the average export prices reached the peak figure at $44,417 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($157,418 per ton), while the average price for exports to Indonesia ($19,144 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 Thailand (+31.5%), 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 Singapore (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $41,913 per ton, declining by -22.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. The import price peaked at $66,700 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($108,295 per ton), while the price for China ($16,526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.9%), 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 Singapore
In 2022, shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s was finally on the rise to reach 1.3K tons after two years of decline. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached 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 $40M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.6 | 3.0 | 9.7 | 17.4 | 69.1% |
| Thailand | N/A | N/A | 0.1 | 10.7 | 10600.0% |
| Malaysia | 1.9 | 1.6 | 2.1 | 1.9 | 0.0% |
| India | 0.6 | 0.7 | 0.1 | 1.8 | 44.2% |
| China | 1.6 | 2.4 | 1.7 | 1.8 | 4.0% |
| Saudi Arabia | 1.4 | 0.3 | 1.4 | 1.6 | 4.6% |
| United Arab Emirates | 0.7 | 0.7 | 0.3 | 1.4 | 26.0% |
| Brazil | 19.9 | 15.2 | 0.3 | 0.3 | -75.3% |
| Others | 2.2 | 4.1 | 3.9 | 3.5 | 16.7% |
| Total | 31.7 | 27.9 | 19.7 | 40.5 | 8.5% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Singapore in 2022:
- Indonesia (909.0 tons)
- India (90.0 tons)
- Malaysia (71.2 tons)
- Thailand (68.2 tons)
- United Arab Emirates (48.8 tons)
- Saudi Arabia (23.6 tons)
- China (19.9 tons)
- Brazil (2.6 tons)
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore
After two years of decline, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 55% to 743 tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $31M in 2022. Over the period under review, imports, however, recorded a deep contraction.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 4.0 | 7.9 | 10.1 | 38.5% |
| United Kingdom | 5.6 | 3.7 | 5.1 | 7.3 | 9.2% |
| Indonesia | 19.9 | 15.2 | N/A | 3.0 | -46.8% |
| United States | 3.9 | 3.6 | 3.4 | 2.9 | -9.4% |
| China | 0.5 | 0.5 | 1.1 | 2.6 | 73.2% |
| Malaysia | 1.7 | 1.8 | 1.0 | 1.4 | -6.3% |
| Italy | 1.3 | 3.4 | 2.7 | 1.2 | -2.6% |
| Australia | 0.1 | 0.6 | 0.1 | 0.5 | 71.0% |
| Others | 1.4 | 1.6 | 4.4 | 2.2 | 16.3% |
| Total | 38.1 | 34.4 | 25.8 | 31.1 | -6.5% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Singapore in 2022:
- Germany (190.9 tons)
- United Kingdom (170.3 tons)
- China (155.2 tons)
- Indonesia (64.4 tons)
- Italy (47.0 tons)
- United States (37.9 tons)
- Australia (21.2 tons)
- Malaysia (13.1 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Singapore.
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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