Price for Nickel; Tubes and Pipes, Not Alloyed in the Philippines - 2023
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in the Philippines (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, Not Alloyed in the Philippines
Price for Nickel; Tubes and Pipes, Not Alloyed in the Philippines (CIF) - 2022
The average import price for nickel; tubes and pipes, not alloyeds stood at $23,318 per ton in 2022, with an increase of 343% against the previous year. Over the period under review, the import price saw a mild increase. Over the period under review, average import prices hit record highs at $27,225 per ton in 2015; however, from 2016 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 Germany ($195,500 per ton), while the price for Singapore ($5,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+113.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, Not Alloyed in the Philippines
In 2022, imports of nickel; tubes and pipes, not alloyeds into the Philippines shrank dramatically to 85 kg, waning by -97.6% against 2021 figures. In general, imports showed a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 410%. As a result, imports reached the peak of 3.5 tons, and then fell markedly in the following year.
In value terms, imports of nickel; tubes and pipes, not alloyeds contracted remarkably to $2K in 2022. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 133%.
| Import of Nickel; Tubes and Pipes, Not Alloyed in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 2.7 | 4.0 | 0.8 | -45.6% |
| Australia | 4.4 | 0.9 | 1.5 | 0.3 | -59.1% |
| China | 0.3 | 0.5 | 1.9 | 0.3 | 0.0% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| Singapore | 10.7 | 2.0 | 6.3 | 0.1 | -78.9% |
| France | 16.5 | N/A | N/A | N/A | 0% |
| India | N/A | N/A | 1.8 | N/A | 0% |
| Japan | 0.7 | 0.1 | 0.1 | N/A | -62.2% |
| United Arab Emirates | N/A | N/A | 2.6 | N/A | 0% |
| Others | N/A | 1.7 | N/A | N/A | 0% |
| Total | 32.6 | 7.8 | 18.3 | 2.0 | -60.6% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to the Philippines in 2022:
- China (28.0 kg)
- Singapore (21.0 kg)
- Denmark (21.0 kg)
- Australia (6.0 kg)
- Germany (4.0 kg)
- Netherlands (3.0 kg)
- Japan (2.0 kg)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in the Philippines.
454
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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