Price for Nickel; Tube and Pipe Fittings in India - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in India (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in India (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in India
- Exports of Nickel; Tube and Pipe Fittings in India
Price for Nickel; Tube and Pipe Fittings in India (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $46,897 per ton in 2022, remaining constant against the previous year. In general, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2014 an increase of 94% against the previous year. The import price peaked at $80,420 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 ($84,064 per ton), while the price for the United Arab Emirates ($17,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in India (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $64,437 per ton, jumping by 44% against the previous year. Overall, the export price showed a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 98% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Poland ($506,082 per ton), while the average price for exports to Nepal ($7,314 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 Sweden (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in India
In 2022, approx. 208 tons of nickel; tube and pipe fittingses were imported into India; surging by 137% compared with the year before. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; tube and pipe fittings imports skyrocketed to $9.7M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tube and Pipe Fittings in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 635 | 209 | 990 | 2,052 | 47.8% |
| Italy | 746 | 1,652 | 567 | 1,784 | 33.7% |
| Romania | 7.0 | N/A | N/A | 1,017 | 425.7% |
| South Korea | 576 | 132 | 631 | 790 | 11.1% |
| United Arab Emirates | 30.3 | 35.0 | 116 | 722 | 187.8% |
| Netherlands | 145 | 193 | 414 | 543 | 55.3% |
| United Kingdom | 795 | 174 | 231 | 497 | -14.5% |
| Singapore | 7.2 | 7.2 | 43.7 | 482 | 306.0% |
| United States | 1,985 | 1,172 | 673 | 414 | -40.7% |
| Spain | 15.5 | 19.9 | 1.1 | 310 | 171.4% |
| Germany | 191 | 184 | 215 | 154 | -6.9% |
| Japan | 45.8 | 59.9 | 91.5 | N/A | 41.3% |
| Others | 180 | 445 | 182 | 972 | 75.4% |
| Total | 5,358 | 4,283 | 4,157 | 9,737 | 22.0% |
Top Suppliers of Nickel; Tube and Pipe Fittings to India in 2022:
- United Arab Emirates (41.8 tons)
- China (41.4 tons)
- Italy (33.6 tons)
- Romania (23.3 tons)
- South Korea (18.1 tons)
- Singapore (13.9 tons)
- Spain (8.5 tons)
- Netherlands (6.7 tons)
- United States (6.5 tons)
- United Kingdom (4.9 tons)
- Germany (1.8 tons)
Exports of Nickel; Tube and Pipe Fittings in India
Nickel; tube and pipe fittings exports from India skyrocketed to 48 tons in 2022, rising by 143% compared with the year before. In general, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; tube and pipe fittings exports skyrocketed to $3.1M in 2022. Overall, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Tube and Pipe Fittings in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,109 | 584 | 191 | 1,114 | 0.2% |
| Poland | N/A | N/A | 74.0 | 445 | 501.4% |
| United States | 7.9 | 32.7 | 82.2 | 285 | 230.4% |
| Kuwait | 191 | 28.8 | 12.9 | 188 | -0.5% |
| Sweden | N/A | N/A | 1.2 | 185 | 15316.7% |
| Singapore | 21.5 | 3.5 | 16.7 | 138 | 85.8% |
| United Arab Emirates | 230 | 158 | 206 | 135 | -16.3% |
| Germany | N/A | N/A | N/A | 123 | 0% |
| Oman | 30.7 | 49.2 | 85.4 | 40.1 | 9.3% |
| Vietnam | N/A | N/A | N/A | 35.1 | 0% |
| Spain | N/A | N/A | N/A | 32.7 | 0% |
| Nepal | N/A | 10.1 | 2.0 | 25.1 | 57.6% |
| Egypt | 218 | 29.6 | 49.3 | 11.5 | -62.5% |
| Others | 410 | 189 | 168 | 360 | -4.2% |
| Total | 2,217 | 1,085 | 889 | 3,117 | 12.0% |
Top Export Markets for Nickel; Tube and Pipe Fittings from India in 2022:
- Saudi Arabia (20.1 tons)
- United Arab Emirates (6.0 tons)
- Nepal (3.4 tons)
- Kuwait (3.1 tons)
- Singapore (2.8 tons)
- Oman (2.0 tons)
- United States (1.8 tons)
- Vietnam (1.8 tons)
- Sweden (1.5 tons)
- Spain (1.0 tons)
- Poland (0.9 tons)
- Germany (0.7 tons)
- Egypt (0.1 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in India.
462
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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