Price for Nickel; Tube and Pipe Fittings in Germany - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in Germany (FOB) - 2022
- Price for Nickel; Tube and Pipe Fittings in Germany (CIF) - 2023
- Exports of Nickel; Tube and Pipe Fittings in Germany
- Imports of Nickel; Tube and Pipe Fittings in Germany
Price for Nickel; Tube and Pipe Fittings in Germany (FOB) - 2022
The average export price for nickel; tube and pipe fittingses stood at $98,851 per ton in 2022, growing by 16% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2013 an increase of 33%. As a result, the export price reached the peak level of $145,478 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($233,387 per ton), while the average price for exports to Qatar ($51,600 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 Ireland (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in Germany (CIF) - 2023
The average import price for nickel; tube and pipe fittingses stood at $403K per ton in July 2023, dropping by -14.9% against the previous month. Overall, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in June 2023 an increase of 147% against the previous month. As a result, import price reached the peak level of $473K per ton, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1.3M per ton), while the price for the UK ($225K per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tube and Pipe Fittings in Germany
In 2022, the amount of nickel; tube and pipe fittingses exported from Germany dropped to 155 tons, with a decrease of -13.9% on the year before. In general, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year.
In value terms, nickel; tube and pipe fittings exports shrank to $15M in 2022. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
| Export of Nickel; Tube and Pipe Fittings in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | 0.4 | 0.6 | 1.8 | 162.1% |
| China | 0.4 | 1.2 | 1.3 | 1.6 | 58.7% |
| Spain | 0.1 | 0.2 | 0.2 | 1.4 | 141.0% |
| Netherlands | 0.2 | 1.7 | 0.5 | 1.3 | 86.6% |
| Ireland | N/A | 0.1 | 0.3 | 1.3 | 260.6% |
| Switzerland | 0.4 | 0.5 | 0.4 | 1.3 | 48.1% |
| United Arab Emirates | 2.3 | 0.8 | 1.3 | 1.2 | -19.5% |
| United States | 18.4 | 1.0 | 5.1 | 0.8 | -64.8% |
| Italy | 2.6 | 1.4 | 0.5 | 0.7 | -35.4% |
| United Kingdom | 0.9 | 1.1 | 0.6 | 0.6 | -12.6% |
| Saudi Arabia | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Qatar | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Russia | 0.9 | 0.1 | 0.1 | N/A | -66.7% |
| Others | 3.1 | 4.1 | 4.1 | 2.6 | -5.7% |
| Total | 29.5 | 13.0 | 15.3 | 15.3 | -19.7% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Germany in 2022:
- Russia (undefined tons)
- Singapore (28.7 tons)
- Netherlands (21.7 tons)
- China (15.4 tons)
- Spain (14.6 tons)
- United Arab Emirates (11.4 tons)
- Italy (9.4 tons)
- Switzerland (6.5 tons)
- Qatar (6.4 tons)
- United Kingdom (6.2 tons)
- Ireland (5.6 tons)
- United States (4.4 tons)
- Saudi Arabia (3.8 tons)
Imports of Nickel; Tube and Pipe Fittings in Germany
In 2022, supplies from abroad of nickel; tube and pipe fittingses was finally on the rise to reach 31 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a significant curtailment.
In value terms, nickel; tube and pipe fittings imports soared to $5.2M in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment.
| Import of Nickel; Tube and Pipe Fittings in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,994 | 2,109 | 915 | 1,416 | -22.1% |
| United Kingdom | 572 | 197 | 1,177 | 1,415 | 35.2% |
| Italy | 11,581 | 947 | 716 | 1,175 | -53.4% |
| China | 448 | 147 | 303 | 254 | -17.2% |
| France | 421 | 269 | 48.7 | 193 | -22.9% |
| Belgium | 169 | 116 | 123 | 141 | -5.9% |
| Switzerland | 266 | 447 | 328 | 99.0 | -28.1% |
| India | 1.3 | 44.2 | 127 | 84.0 | 301.3% |
| Denmark | 3.6 | 6.7 | 2.9 | 51.3 | 142.4% |
| South Korea | 9.7 | 3.3 | 19.5 | 36.4 | 55.4% |
| Others | 348 | 516 | 481 | 316 | -3.2% |
| Total | 16,814 | 4,802 | 4,240 | 5,180 | -32.5% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Germany in 2022:
- United Kingdom (9.0 tons)
- United States (6.5 tons)
- Italy (5.6 tons)
- China (2.6 tons)
- France (1.4 tons)
- South Korea (1.0 tons)
- Denmark (0.8 tons)
- India (0.8 tons)
- Belgium (0.8 tons)
- Switzerland (0.6 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Germany.
459
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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