Price for Nickel; Tubes and Pipes, of Nickel Alloys in Poland - 2023

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Poland (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $41,609 per ton in 2022, declining by -33.4% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $115,400 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($102,734 per ton), while the price for Austria ($11,076 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Poland (FOB) - 2023

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $19,787 per ton in August 2023, which is down by -26.8% against the previous month. Over the period under review, export price indicated a slight expansion from December 2022 to August 2023: its price increased at an average monthly rate of +1.6% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for nickel; tubes and pipes, of nickel alloyses decreased by -26.8% against July 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 35% month-to-month. Over the period under review, the average export prices reached the maximum at $27,041 per ton in July 2023, and then dropped significantly in the following month.

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

From December 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +2.1% per month.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Poland

In 2022, imports of nickel; tubes and pipes, of nickel alloyses into Poland skyrocketed to 131 tons, increasing by 109% against 2021. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses skyrocketed to $5.4M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Poland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	3,767	3,319	2,723	3,320	-4.1%
China	2.2	27.6	145	839	625.2%
Italy	134	502	264	284	28.5%
Austria	531	319	234	278	-19.4%
Germany	112	318	258	243	29.5%
India	0.4	N/A	N/A	224	724.3%
Netherlands	N/A	4.2	53.7	128	452.1%
United Kingdom	206	45.1	93.0	28.1	-48.5%
Others	338	117	143	96.7	-34.1%
Total	5,090	4,652	3,913	5,441	2.2%

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Poland in 2022:

China (47.6 tons)
United States (34.9 tons)
Austria (25.1 tons)
Italy (8.7 tons)
Germany (6.6 tons)
Netherlands (3.7 tons)
India (2.2 tons)
United Kingdom (0.6 tons)

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Poland

After three years of growth, shipments abroad of nickel; tubes and pipes, of nickel alloyses decreased by -11.2% to 169 tons in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 48%.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses declined to $3.4M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 53%.