Price for Nickel; Tubes and Pipes, Not Alloyed in Bangladesh - 2022
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in Bangladesh (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, Not Alloyed in Bangladesh
Price for Nickel; Tubes and Pipes, Not Alloyed in Bangladesh (CIF) - 2022
The average import price for nickel; tubes and pipes, not alloyeds stood at $117,350 per ton in 2022, dropping by -9.6% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes and pipes, not alloyeds increased by +50.9% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 96%. The import price peaked at $137,226 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 India ($241,175 per ton), while the price for the Netherlands ($21,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Tubes and Pipes, Not Alloyed in Bangladesh
In 2022, imports of nickel; tubes and pipes, not alloyeds into Bangladesh declined rapidly to 515 kg, reducing by -61% on 2021 figures. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of 1.3 tons, and then reduced rapidly in the following year.
In value terms, imports of nickel; tubes and pipes, not alloyeds shrank sharply to $60K in 2022. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $171K, and then contracted dramatically in the following year.
| Import of Nickel; Tubes and Pipes, Not Alloyed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 49.7 | 64.7 | 146 | 39.8 | -7.1% |
| India | 8.6 | 10.9 | 14.9 | 13.7 | 16.8% |
| China | 11.2 | 10.3 | 10.2 | 6.9 | -14.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 69.6 | 86.0 | 171 | 60.4 | -4.6% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Bangladesh in 2022:
- Switzerland (412.0 kg)
- India (57.0 kg)
- China (45.0 kg)
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