Price for Nickel; Tubes and Pipes, Not Alloyed in France - 2023
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in France (FOB) - 2023
- Price for Nickel; Tubes and Pipes, Not Alloyed in France (CIF) - 2022
- Exports of Nickel; Tubes and Pipes, Not Alloyed in France
- Imports of Nickel; Tubes and Pipes, Not Alloyed in France
Price for Nickel; Tubes and Pipes, Not Alloyed in France (FOB) - 2023
The average export price for nickel; tubes and pipes, not alloyeds stood at $59,288 per ton in November 2023, falling by -39.8% against the previous month. In general, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in March 2023 when the average export price increased by 223% m-o-m. The export price peaked at $216K per ton in April 2023; however, from May 2023 to November 2023, 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 December 2022 to November 2023, the rate of growth in terms of prices for Italy amounted to +0.4% per month.
Price for Nickel; Tubes and Pipes, Not Alloyed in France (CIF) - 2022
In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $73,438 per ton, declining by -70.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 301%. The import price peaked at $377,690 per ton in 2020; however, from 2021 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 the United States ($297,836 per ton), while the price for Italy ($40,987 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tubes and Pipes, Not Alloyed in France
After three years of growth, shipments abroad of nickel; tubes and pipes, not alloyeds decreased by -18.6% to 34 tons in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 42 tons, and then declined notably in the following year.
In value terms, exports of nickel; tubes and pipes, not alloyeds dropped to $2.1M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. As a result, the exports attained the peak of $2.5M, and then shrank in the following year.
| Export of Nickel; Tubes and Pipes, Not Alloyed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,279 | 1,447 | 2,195 | 1,828 | 12.6% |
| United States | 2.7 | 22.4 | 102 | 176 | 302.5% |
| Others | 126 | 140 | 154 | 119 | -1.9% |
| Total | 1,408 | 1,610 | 2,452 | 2,122 | 14.7% |
Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from France in 2022:
- Germany (33.2 tons)
- United States (0.6 tons)
Imports of Nickel; Tubes and Pipes, Not Alloyed in France
For the third year in a row, France recorded decline in overseas purchases of nickel; tubes and pipes, not alloyeds, which decreased by -65.2% to 5.4 tons in 2022. In general, imports saw a sharp decrease. The smallest decline of -51.1% was in 2021.
In value terms, imports of nickel; tubes and pipes, not alloyeds declined remarkably to $394K in 2022. Over the period under review, imports faced a precipitous descent. The smallest decline of -39.7% was in 2020.
| Import of Nickel; Tubes and Pipes, Not Alloyed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.6 | 11.4 | 3.4 | 0.1 | -82.5% |
| Italy | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Switzerland | N/A | 0.3 | N/A | 0.1 | -42.3% |
| Germany | 0.2 | N/A | 0.1 | N/A | -29.3% |
| United Kingdom | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Ukraine | 0.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 19.8 | 11.9 | 3.9 | 0.4 | -72.8% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to France in 2022:
- Italy (2761.0 kg)
- Switzerland (1154.0 kg)
- United Kingdom (927.0 kg)
- United States (275.0 kg)
- Germany (177.0 kg)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in France.
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Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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