Price for Nickel; Tubes and Pipes, Not Alloyed in Norway - 2024

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Norway (CIF) - 2022
2. Price for Nickel; Tubes and Pipes, Not Alloyed in Norway (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, Not Alloyed in Norway
4. Exports of Nickel; Tubes and Pipes, Not Alloyed in Norway

Price for Nickel; Tubes and Pipes, Not Alloyed in Norway (CIF) - 2022

The average import price for nickel; tubes and pipes, not alloyeds stood at $170,200 per ton in 2022, increasing by 116% against the previous year. In general, the import price recorded a measured expansion. The growth pace was the most rapid in 2021 an increase of 292% against the previous year. The import price peaked at $414,392 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($402,750 per ton), while the price for Italy ($14,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Tubes and Pipes, Not Alloyed in Norway (FOB) - 2022

In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $14,424 per ton, with a decrease of -3.8% against the previous year. In general, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2013 an increase of 79%. Over the period under review, the average export prices reached the maximum at $47,143 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($22,429 per ton), while the average price for exports to Finland ($182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+651.6%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Tubes and Pipes, Not Alloyed in Norway

In 2022, the amount of nickel; tubes and pipes, not alloyeds imported into Norway skyrocketed to 30 kg, rising by 58% against the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 138% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $5.1K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 830%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Norway in 2022:

1. Denmark (11.0 kg)
2. Netherlands (8.0 kg)
3. Germany (4.0 kg)
4. United Kingdom (3.0 kg)
5. United States (1.0 kg)
6. Italy (1.0 kg)
7. Sweden (1.0 kg)
8. Switzerland (1.0 kg)

Exports of Nickel; Tubes and Pipes, Not Alloyed in Norway

In 2022, exports of nickel; tubes and pipes, not alloyeds from Norway skyrocketed to 33 kg, rising by 560% on the previous year. In general, exports, however, faced a dramatic setback.

In value terms, exports of nickel; tubes and pipes, not alloyeds surged to $476 in 2022. Over the period under review, exports, however, saw a dramatic descent.

Top Export Markets for Nickel; Tubes and Pipes, Not Alloyed from Norway in 2022:

1. United Kingdom (21.0 kg)
2. Finland (11.0 kg)
3. Denmark (1.0 kg)

Source: IndexBox Market Intelligence Platform