Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $2,407 per ton in 2022, jumping by 31% against the previous year. Over the period under review, the import price continues to indicate pronounced growth. The pace of growth was the most pronounced in 2015 an increase of 74%. Over the period under review, average import prices attained the peak figure at $3,523 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($13,587 per ton), while the price for China ($1,414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.5%), 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 Tanzania (FOB) - 2022
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $7,496 per ton in 2022, surging by 165% against the previous year. Over the period under review, the export price recorded a strong expansion. Over the period under review, the average export prices attained the peak figure at $8,347 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +26.9% per year.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Tanzania reduced remarkably to 8 tons, waning by -30.3% compared with the previous year. Overall, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 75% against the previous year.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s declined to $19K in 2022. In general, imports faced a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 87% against the previous year.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 28.8 | N/A | N/A | 8.5 | -33.4% |
| China | 6.0 | 7.8 | 1.3 | 5.8 | -1.1% |
| South Africa | 0.6 | N/A | N/A | 3.8 | 85.0% |
| India | 18.0 | N/A | 18.3 | 0.1 | -82.3% |
| South Korea | 0.3 | N/A | N/A | N/A | 0% |
| Others | 25.2 | 3.5 | 1.6 | 1.1 | -64.8% |
| Total | 78.9 | 11.3 | 21.2 | 19.3 | -37.5% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Tanzania in 2022:
- China (4.1 tons)
- Hong Kong SAR (3.4 tons)
- South Africa (0.3 tons)
- India (0.1 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania
For the fourth consecutive year, Tanzania recorded growth in shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 114% to 2.5 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 6,233% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $19K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,081% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 18.7 | 0% |
| Democratic Republic of the Congo | 0.1 | 2.3 | 3.3 | N/A | 474.5% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 0.1 | 2.5 | 3.3 | 18.7 | 471.8% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Tanzania in 2022:
- Germany (2.5 tons)
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