Price for Nickel; Tube and Pipe Fittings in Algeria - 2022

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Algeria (CIF) - 2022
2. Imports of Nickel; Tube and Pipe Fittings in Algeria

Price for Nickel; Tube and Pipe Fittings in Algeria (CIF) - 2022

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $106,000 per ton, surging by 195% against the previous year. Over the period under review, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($114,636 per ton), while the price for France totaled $103,361 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+61.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Tube and Pipe Fittings in Algeria

In 2022, supplies from abroad of nickel; tube and pipe fittingses decreased by -94.3% to 47 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 422%. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; tube and pipe fittings imports fell notably to $5K in 2022. Overall, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 711% against the previous year. As a result, imports reached the peak of $691K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Nickel; Tube and Pipe Fittings to Algeria in 2022:

1. France (36.0 kg)
2. United Arab Emirates (11.0 kg)

Source: IndexBox Market Intelligence Platform