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

Contents:

  1. Price for Nickel; Tube and Pipe Fittings in Uzbekistan (CIF) - 2022
  2. Imports of Nickel; Tube and Pipe Fittings in Uzbekistan

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

The average import price for nickel; tube and pipe fittingses stood at $5,358 per ton in 2022, picking up by 16% against the previous year. Overall, import price indicated a strong expansion from 2017 to 2022: its price increased at an average annual rate of +12.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; tube and pipe fittings import price increased by +7.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,359 per ton), while the price for Lithuania amounted to $3,667 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+167.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Tube and Pipe Fittings in Uzbekistan

In 2022, the amount of nickel; tube and pipe fittingses imported into Uzbekistan declined sharply to 5.8 tons, shrinking by -51.1% against the previous year's figure. Overall, imports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 202%. As a result, imports reached the peak of 12 tons, and then declined markedly in the following year.

In value terms, nickel; tube and pipe fittings imports contracted notably to $31K in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 262%. As a result, imports reached the peak of $55K, and then shrank dramatically in the following year.

Import of Nickel; Tube and Pipe Fittings in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A10.231.3206.9%
South Korea8.90.5N/AN/A-94.4%
GermanyN/AN/A2.1N/A0%
Lithuania10.86.713.8N/A13.0%
Turkey1.30.42.7N/A44.1%
Others10.87.626.2N/A55.8%
Total31.715.255.031.3-0.4%

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

  1. Lithuania (undefined tons)
  2. Italy (5.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tube and pipe fittings - Uzbekistan