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

Contents:

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

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

In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $51,832 per ton, with a decrease of -7.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $72,903 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($144,152 per ton), while the average price for exports to Austria ($30,668 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 the Netherlands (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for nickel; tubes and pipes, not alloyeds stood at $45,942 per ton in 2022, rising by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($63,173 per ton), while the price for Italy ($42,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 70 tons of nickel; tubes and pipes, not alloyeds were exported from Switzerland; with an increase of 53% against the year before. Over the period under review, exports, however, saw a relatively flat trend pattern.

In value terms, exports of nickel; tubes and pipes, not alloyeds surged to $3.6M in 2022. Overall, exports, however, saw a relatively flat trend pattern.

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

1. China (20.3 tons)
2. Austria (18.3 tons)
3. Germany (11.1 tons)
4. Poland (6.5 tons)
5. United Kingdom (4.3 tons)
6. Italy (2.3 tons)
7. Belgium (1.7 tons)
8. India (1.2 tons)
9. Netherlands (0.6 tons)

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

In 2022, approx. 47 tons of nickel; tubes and pipes, not alloyeds were imported into Switzerland; picking up by 15% on 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 65%. As a result, imports attained the peak of 60 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $2.1M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 57% against the previous year. 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 Switzerland in 2022:

1. Italy (35.3 tons)
2. Germany (9.1 tons)
3. United Kingdom (1.8 tons)

Source: IndexBox Market Intelligence Platform