Price for Nickel; Tube and Pipe Fittings in Romania - 2023

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Romania (FOB) - 2022
2. Price for Nickel; Tube and Pipe Fittings in Romania (CIF) - 2022
3. Exports of Nickel; Tube and Pipe Fittings in Romania
4. Imports of Nickel; Tube and Pipe Fittings in Romania

Price for Nickel; Tube and Pipe Fittings in Romania (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $80,313 per ton in 2022, rising by 82% against the previous year. Overall, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 158%. As a result, the export price reached the peak level of $124,893 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($547,573 per ton), while the average price for exports to India ($57,991 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 South Korea (+50.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for nickel; tube and pipe fittingses stood at $40,058 per ton in 2022, with an increase of 5% against the previous year. In general, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 107% against the previous year. Over the period under review, average import prices attained the maximum at $55,933 per ton in 2017; however, from 2018 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 Singapore ($377,759 per ton), while the price for Hungary ($10,047 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in Romania

In 2022, overseas shipments of nickel; tube and pipe fittingses decreased by -41.2% to 34 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 317% against the previous year.

In value terms, nickel; tube and pipe fittings exports rose notably to $2.7M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 294%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Tube and Pipe Fittings from Romania in 2022:

1. Netherlands (undefined tons)
2. Oman (18.0 tons)
3. Saudi Arabia (7.9 tons)
4. India (4.9 tons)
5. United Arab Emirates (0.7 tons)
6. United Kingdom (0.5 tons)
7. Italy (0.3 tons)

Imports of Nickel; Tube and Pipe Fittings in Romania

For the fourth year in a row, Romania recorded growth in overseas purchases of nickel; tube and pipe fittingses, which increased by 22% to 55 tons in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 51%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, nickel; tube and pipe fittings imports soared to $2.2M in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 62%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Hungary (39.7 tons)
2. Italy (3.9 tons)
3. Poland (3.9 tons)
4. China (2.1 tons)
5. Greece (1.5 tons)

Source: IndexBox Market Intelligence Platform