Price for Nickel; Tubes and Pipes, Not Alloyed in South Africa - 2024

Contents:

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

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

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $113,472 per ton, which is down by -16.9% against the previous year. Over the period under review, the import price, however, posted resilient growth. The pace of growth was the most pronounced in 2021 an increase of 168% against the previous year. As a result, import price attained the peak level of $136,541 per ton, and then reduced remarkably in the following year.

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 ($250,814 per ton), while the price for Italy stood at $64,258 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; tubes and pipes, not alloyeds amounted to $18,778 per ton, increasing by 105% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 177%. As a result, the export price reached the peak level of $37,509 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($26,028 per ton), while the average price for exports to Mozambique ($4,000 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 Namibia (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tubes and Pipes, Not Alloyed in South Africa

Imports of nickel; tubes and pipes, not alloyeds into South Africa skyrocketed to 163 kg in 2022, increasing by 47% on the previous year. Overall, imports, however, showed a dramatic descent.

In value terms, imports of nickel; tubes and pipes, not alloyeds soared to $18K in 2022. In general, imports, however, recorded a deep slump.

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

1. Italy (120.0 kg)
2. Germany (43.0 kg)

Exports of Nickel; Tubes and Pipes, Not Alloyed in South Africa

In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; tubes and pipes, not alloyeds, when their volume decreased by -78.7% to 54 kg. In general, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year.

In value terms, exports of nickel; tubes and pipes, not alloyeds fell notably to $1K in 2022. Overall, exports recorded a significant decline. The smallest decline of -32.7% was in 2020.

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

1. Namibia (36.0 kg)
2. Botswana (13.0 kg)
3. Mozambique (5.0 kg)

Source: IndexBox Market Intelligence Platform