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

Contents:

  1. Price for Nickel; Tube and Pipe Fittings in Spain (FOB) - 2023
  2. Price for Nickel; Tube and Pipe Fittings in Spain (CIF) - 2022
  3. Exports of Nickel; Tube and Pipe Fittings in Spain
  4. Imports of Nickel; Tube and Pipe Fittings in Spain

Price for Nickel; Tube and Pipe Fittings in Spain (FOB) - 2023

In July 2023, the average export price for nickel; tube and pipe fittingses amounted to $8,674 per ton, surging by 25% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 39% against the previous month. As a result, the export price attained the peak level of $8,759 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In July 2023, the highest price was recorded for prices to Italy ($8,726 per ton) and France ($6,977 per ton), while the average price for exports to Romania ($6,310 per ton) and Belgium ($6,680 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for nickel; tube and pipe fittingses stood at $6,672 per ton in 2022, waning by -7.5% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21%. The import price peaked at $11,724 per ton in 2017; however, from 2018 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 the Czech Republic ($29,298 per ton), while the price for Poland ($4,526 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+44.2%), while the prices for the other major suppliers experienced a decline.

Exports of Nickel; Tube and Pipe Fittings in Spain

In 2022, exports of nickel; tube and pipe fittingses from Spain surged to 2.5K tons, jumping by 47% against the year before. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings exports skyrocketed to $17M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Tube and Pipe Fittings in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.92.55.48.564.8%
Belgium1.01.72.73.551.8%
Italy0.91.01.71.16.9%
Germany0.20.40.70.858.7%
Poland0.40.30.40.720.5%
Ireland0.20.10.20.426.0%
Romania0.20.20.40.314.5%
Portugal0.30.40.40.30.0%
United Kingdom3.23.8N/AN/A18.7%
Others0.90.30.71.16.9%
Total9.210.612.516.621.7%

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

  1. France (1292.4 tons)
  2. Belgium (553.4 tons)
  3. Italy (137.1 tons)
  4. Germany (128.4 tons)
  5. Poland (115.8 tons)
  6. Romania (63.2 tons)
  7. Ireland (59.3 tons)
  8. Portugal (41.6 tons)
  9. United Kingdom (0.6 tons)

Imports of Nickel; Tube and Pipe Fittings in Spain

In 2022, the amount of nickel; tube and pipe fittingses imported into Spain skyrocketed to 1.4K tons, with an increase of 173% on 2021 figures. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings imports surged to $9.5M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Tube and Pipe Fittings in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8757551,1772,40440.1%
Germany1,1861,0621,5942,37526.0%
Poland2232062162,299117.6%
Czech RepublicN/AN/A1521,262730.3%
France55.610411617546.6%
Others47443249196126.6%
Total2,8142,5583,7479,47649.9%

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

  1. Poland (508.0 tons)
  2. Germany (487.7 tons)
  3. Italy (321.9 tons)
  4. Czech Republic (43.1 tons)
  5. France (37.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tube and pipe fittings - Spain