Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka - 2022
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka (CIF) - 2022
In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $38,473 per ton, picking up by 26% against the previous year. Overall, the import price showed buoyant growth. The growth pace was the most rapid in 2015 when the average import price increased by 97% against the previous year. Over the period under review, average import prices attained the peak figure at $101,345 per ton in 2019; however, from 2020 to 2022, 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 the United States ($135,939 per ton), while the price for China ($2,972 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 (+4.3%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $40,545 per ton, declining by -5.5% against the previous year. Over the period under review, the export price, however, recorded tangible growth. The growth pace was the most rapid in 2017 an increase of 81%. The export price peaked at $42,900 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +2.7% per year.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka
Imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s into Sri Lanka soared to 2.3 tons in 2022, jumping by 214% on the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports reached 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 soared to $88K in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 71.5 | 9.5 | 5.3 | 51.7 | -10.2% |
| France | 13.2 | 8.3 | 6.4 | 13.2 | 0.0% |
| United Kingdom | 9.9 | 6.6 | 5.1 | 10.6 | 2.3% |
| Italy | 8.2 | 4.7 | 3.3 | 6.3 | -8.4% |
| India | 0.1 | 0.1 | 1.2 | 4.4 | 253.0% |
| Netherlands | 1.1 | 0.7 | 0.5 | 1.0 | -3.1% |
| China | 9.1 | 2.4 | 0.4 | 0.5 | -62.0% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 113 | 32.3 | 22.3 | 87.9 | -8.0% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Sri Lanka in 2022:
- France (526.0 kg)
- India (419.0 kg)
- United States (380.0 kg)
- Italy (364.0 kg)
- United Kingdom (347.0 kg)
- China (177.0 kg)
- Netherlands (59.0 kg)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka
In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Sri Lanka rose notably to 11 kg, with an increase of 10% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports reached the peak of 14 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s rose slightly to $446 in 2022. In general, exports, however, showed a slight decrease.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 462 | 446 | 51.0 | 446 | -1.2% |
| Ethiopia | N/A | N/A | 378 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 462 | 446 | 429 | 446 | -1.2% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Sri Lanka in 2022:
- Maldives (11.0 kg)
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