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

Contents:

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

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Portugal (CIF) - 2022

In 2022, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $36,383 per ton, rising by 22% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 98% against the previous year. The import price peaked at $58,884 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($111,591 per ton), while the price for Italy ($28,865 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $4,598 per ton in 2022, rising by 7.8% against the previous year. Over the period under review, the export price, however, recorded a sharp slump. The most prominent rate of growth was recorded in 2017 an increase of 97% against the previous year. The export price peaked at $81,198 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($5,056 per ton), while the average price for exports to Morocco amounted to $4,578 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (-6.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of nickel; tubes and pipes, of nickel alloyses into Portugal soared to 32 tons, picking up by 150% against the previous year. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $1.2M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1640.76.980069.6%
Italy3.41.2135202290.2%
United Kingdom11.275.378.454.569.5%
United States49.219.030.045.8-2.4%
Spain16.914.643.33.5-40.8%
ChinaN/A13.130.90.4-82.5%
Others31.326.156.659.123.6%
Total2751503811,16561.8%

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

  1. Sweden (21.8 tons)
  2. Italy (7.0 tons)
  3. United Kingdom (1.8 tons)
  4. United States (0.7 tons)
  5. Spain (0.1 tons)

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

In 2022, the amount of nickel; tubes and pipes, of nickel alloyses exported from Portugal soared to 1.7 tons, increasing by 32% against 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 3,571%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $7.8K in 2022. In general, exports, however, showed a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 1,343%.

Export of Nickel; Tubes and Pipes, of Nickel Alloys in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoroccoN/AN/AN/A7.40%
Angola0.70.42.20.4-17.0%
MozambiqueN/AN/A0.8N/A0%
Austria15.5N/AN/AN/A0%
Cabo Verde0.5N/A2.5N/A123.6%
OthersN/AN/AN/AN/A0%
Total16.70.45.57.8-22.4%

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

  1. Morocco (1621.0 kg)
  2. Angola (72.0 kg)

Source: IndexBox Market Intelligence Platform

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