Price for Nickel; Tube and Pipe Fittings in Ecuador - 2022

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Ecuador (CIF) - 2022
2. Price for Nickel; Tube and Pipe Fittings in Ecuador (FOB) - 2022
3. Imports of Nickel; Tube and Pipe Fittings in Ecuador
4. Exports of Nickel; Tube and Pipe Fittings in Ecuador

Price for Nickel; Tube and Pipe Fittings in Ecuador (CIF) - 2022

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $13,415 per ton, with a decrease of -26.9% against the previous year. In general, the import price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 107% against the previous year. As a result, import price reached the peak level of $59,537 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,013 per ton), while the price for Turkey ($9,868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.1%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Tube and Pipe Fittings in Ecuador (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $45,206 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,617%. As a result, the export price reached the peak level of $71,014 per ton. From 2020 to 2022, the average 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 United States ($886,167 per ton), while the average price for exports to Bolivia totaled $20,947 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+128.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tube and Pipe Fittings in Ecuador

In 2022, approx. 48 tons of nickel; tube and pipe fittingses were imported into Ecuador; rising by 140% against 2021 figures. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 450% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nickel; tube and pipe fittings imports surged to $648K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 290% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Nickel; Tube and Pipe Fittings to Ecuador in 2022:

1. Turkey (38.4 tons)
2. China (7.7 tons)
3. Italy (0.9 tons)

Exports of Nickel; Tube and Pipe Fittings in Ecuador

In 2022, shipments abroad of nickel; tube and pipe fittingses decreased by 0% to 214 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 38%. As a result, the exports reached the peak of 402 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, nickel; tube and pipe fittings exports amounted to $9.7K in 2022. In general, exports continue to indicate a dramatic decline. The smallest decline of -6.7% was in 2020.

Top Export Markets for Nickel; Tube and Pipe Fittings from Ecuador in 2022:

1. Bolivia (208.0 kg)
2. United States (6.0 kg)

Source: IndexBox Market Intelligence Platform