Price for Nickel; Tubes and Pipes, of Nickel Alloys in Germany - 2023

Contents:

1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Germany (FOB) - 2022
2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Germany (CIF) - 2023
3. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Germany
4. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Germany

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Germany (FOB) - 2022

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $47,616 per ton in 2022, surging by 16% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 27%. As a result, the export price reached the peak level of $59,078 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($156,042 per ton), while the average price for exports to Indonesia ($19,765 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 Bulgaria (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Germany (CIF) - 2023

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $92,362 per ton in August 2023, jumping by 54% against the previous month. In general, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($968K per ton), while the price for the UK ($105K per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Germany

For the fourth year in a row, Germany recorded growth in overseas shipments of nickel; tubes and pipes, of nickel alloyses, which increased by 8.7% to 3.3K tons in 2022. The total export volume increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses surged to $159M in 2022. The total export value increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Germany in 2022:

1. France (1184.6 tons)
2. Italy (624.0 tons)
3. United Kingdom (297.4 tons)
4. Indonesia (261.2 tons)
5. United States (215.9 tons)
6. Netherlands (103.0 tons)
7. Poland (99.8 tons)
8. Austria (51.3 tons)
9. Bulgaria (51.3 tons)
10. India (20.4 tons)

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Germany

In 2022, overseas purchases of nickel; tubes and pipes, of nickel alloyses decreased by -48.1% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 148% against the previous year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses shrank to $54M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 72%.

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Germany in 2022:

1. France (827.9 tons)
2. Italy (170.0 tons)
3. Sweden (75.8 tons)
4. United Kingdom (60.5 tons)
5. China (56.5 tons)
6. United States (54.6 tons)
7. Czech Republic (35.9 tons)
8. Netherlands (28.1 tons)
9. Costa Rica (22.2 tons)

Source: IndexBox Market Intelligence Platform