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

Contents:

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

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

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $15,238 per ton, which is down by -22.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 773% against the previous year. Over the period under review, average import prices attained the maximum at $38,637 per ton in 2016; however, from 2017 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 Italy ($54,507 per ton), while the price for Argentina ($2,791 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+135.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 6,438% to 1.6 tons in 2022. In general, imports posted significant growth. 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 surged to $24K in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.10.20.215.1139.4%
Italy2.90.40.24.112.2%
United States0.2N/A0.13.1149.3%
DenmarkN/AN/AN/A1.00%
Argentina0.2N/AN/A0.20.0%
Others1.00.1N/A0.3-33.1%
Total5.40.70.523.964.2%

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

  1. China (1149.0 kg)
  2. Denmark (177.0 kg)
  3. Argentina (86.0 kg)
  4. United States (77.0 kg)
  5. Italy (75.0 kg)

Source: IndexBox Market Intelligence Platform

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