Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden - 2023

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (FOB) - 2022
  2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (CIF) - 2022
  3. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden
  4. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (FOB) - 2022

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $117,267 per ton, picking up by 18% against the previous year. Overall, the export price showed a temperate expansion. The growth pace was the most rapid in 2019 when the average export price increased by 112% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($217,215 per ton), while the average price for exports to the Czech Republic ($24,144 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 Canada (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (CIF) - 2022

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $20,651 per ton, jumping by 20% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 29%. The import price peaked at $93,018 per ton in 2013; however, from 2014 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 UK ($91,109 per ton), while the price for Poland ($7,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Sweden was estimated at 818 tons, rising by 3.4% on the previous year's figure. In general, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $96M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.546.146.662.09.3%
Canada1.49.72.914.0115.4%
China15.10.116.79.4-14.6%
Czech Republic0.40.33.93.2100.0%
Germany3.24.74.33.1-1.1%
Netherlands0.51.40.20.4-7.2%
United Kingdom2.60.80.30.3-51.3%
Others4.24.34.03.6-5.0%
Total75.067.379.096.08.6%

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Sweden in 2022:

  1. United States (285.6 tons)
  2. China (167.2 tons)
  3. Czech Republic (133.9 tons)
  4. Canada (118.3 tons)
  5. Germany (62.7 tons)
  6. United Kingdom (4.5 tons)
  7. Netherlands (3.7 tons)

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden

In 2022, overseas purchases of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -2.1% to 507 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of 518 tons, and then contracted slightly in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $10M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 115% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.61.14.45.1104.1%
KuwaitN/A1.62.32.627.5%
United Kingdom0.60.30.80.914.5%
United States0.80.50.60.7-4.4%
Poland0.10.10.20.344.2%
Italy1.20.20.10.1-56.3%
Singapore0.5N/AN/AN/A0%
Others1.30.30.60.8-14.9%
Total5.24.18.910.526.4%

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Sweden in 2022:

  1. Kuwait (277.8 tons)
  2. Germany (144.0 tons)
  3. Poland (37.7 tons)
  4. United States (16.1 tons)
  5. United Kingdom (10.1 tons)
  6. Italy (3.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - Sweden