Price for Nickel; Tube and Pipe Fittings in Lithuania - 2023

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Lithuania (FOB) - 2022
2. Price for Nickel; Tube and Pipe Fittings in Lithuania (CIF) - 2022
3. Exports of Nickel; Tube and Pipe Fittings in Lithuania
4. Imports of Nickel; Tube and Pipe Fittings in Lithuania

Price for Nickel; Tube and Pipe Fittings in Lithuania (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $29,126 per ton in 2022, waning by -60.9% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 428%. As a result, the export price attained the peak level of $118,303 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($86,564 per ton), while the average price for exports to Uzbekistan amounted to $28,299 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Tube and Pipe Fittings in Lithuania (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $28,993 per ton in 2022, falling by -17.5% against the previous year. In general, the import price continues to indicate a slight reduction. The growth pace was the most rapid in 2017 an increase of 115%. Over the period under review, average import prices hit record highs at $50,343 per ton in 2014; however, from 2015 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 Estonia ($44,217 per ton), while the price for Italy ($27,205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in Lithuania

In 2022, nickel; tube and pipe fittings exports from Lithuania shrank rapidly to 7.1 tons, dropping by -42.7% on the previous year's figure. In general, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 245% against the previous year.

In value terms, nickel; tube and pipe fittings exports dropped markedly to $206K in 2022. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 651% against the previous year. As a result, the exports attained the peak of $922K, and then declined notably in the following year.

Top Export Markets for Nickel; Tube and Pipe Fittings from Lithuania in 2022:

1. Uzbekistan (7.0 tons)
2. Kazakhstan (0.1 tons)

Imports of Nickel; Tube and Pipe Fittings in Lithuania

In 2022, approx. 4.9 tons of nickel; tube and pipe fittingses were imported into Lithuania; with a decrease of -80.6% compared with 2021. Over the period under review, imports recorded a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 1,072% against the previous year. As a result, imports reached the peak of 25 tons, and then declined markedly in the following year.

In value terms, nickel; tube and pipe fittings imports declined rapidly to $143K in 2022. Overall, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 914%. As a result, imports attained the peak of $891K, and then contracted notably in the following year.

Top Suppliers of Nickel; Tube and Pipe Fittings to Lithuania in 2022:

1. Italy (4.6 tons)
2. Estonia (0.2 tons)
3. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform