Price for Nickel; Tubes and Pipes, Not Alloyed in Panama - 2022

Price for Nickel; Tubes and Pipes, Not Alloyed in Panama (CIF) - 2022

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $9,677 per ton, rising by 17% against the previous year. In general, the import price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 99% against the previous year. The import price peaked at $24,389 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.5% per year.

Imports of Nickel; Tubes and Pipes, Not Alloyed in Panama

In 2022, imports of nickel; tubes and pipes, not alloyeds into Panama reached 867 kg, flattening at the previous year. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $8.4K in 2022. In general, imports, however, showed a pronounced setback.