Price for Nickel; Tubes and Pipes, Not Alloyed in Japan - 2023

Contents:

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

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

The average import price for nickel; tubes and pipes, not alloyeds stood at $32,739 per ton in 2022, shrinking by -18.9% against the previous year. In general, the import price saw a pronounced reduction. The growth pace was the most rapid in 2018 an increase of 30%. The import price peaked at $54,918 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($48,678 per ton), while the price for Italy ($32,322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nickel; tubes and pipes, not alloyeds stood at $126,625 per ton in 2022, which is down by -10.8% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 88%. Over the period under review, the average export prices reached the maximum at $185,721 per ton in 2017; however, from 2018 to 2022, the 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 South Korea ($122,129 per ton), while the average price for exports to Romania ($46,463 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 South Korea (+7.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 64 tons of nickel; tubes and pipes, not alloyeds were imported into Japan; growing by 92% on 2021. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 289% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of nickel; tubes and pipes, not alloyeds skyrocketed to $2.1M in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 329% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Japan in 2022:

1. Italy (59.1 tons)
2. Thailand (3.0 tons)
3. United States (1.5 tons)

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

Exports of nickel; tubes and pipes, not alloyeds from Japan surged to 7.7 tons in 2022, with an increase of 83% compared with the previous year. Overall, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; tubes and pipes, not alloyeds surged to $970K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 71% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. South Korea (6.3 tons)
2. China (0.9 tons)
3. Romania (0.2 tons)
4. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform