Price for Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland - 2024

Contents:

1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland (CIF) - 2024
2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland
4. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland (CIF) - 2024

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $100K per ton in September 2023, reducing by -30.5% against the previous month. In general, the import price, however, enjoyed noticeable growth. The growth pace was the most rapid in July 2023 an increase of 194% against the previous month. As a result, import price reached the peak level of $251K per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($124K per ton), while the price for Italy ($53,062 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Switzerland (FOB) - 2022

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $130,344 per ton in 2022, remaining stable against the previous year. In general, the export price, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2018 an increase of 44%. The export price peaked at $131,017 per ton in 2021, and then dropped modestly in the following year.

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 United States ($371,147 per ton), while the average price for exports to India ($53,493 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 India (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Switzerland recorded growth in supplies from abroad of nickel; tubes and pipes, of nickel alloyses, which increased by 68% to 131 tons in 2022. In general, imports enjoyed 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 surged to $8.3M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Italy (61.6 tons)
2. United States (23.3 tons)
3. Germany (21.5 tons)
4. United Kingdom (19.9 tons)
5. France (1.6 tons)
6. Sweden (0.3 tons)

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

In 2022, shipments abroad of nickel; tubes and pipes, of nickel alloyses was finally on the rise to reach 61 tons after two years of decline. In general, exports, however, recorded a abrupt setback.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $8M in 2022. Over the period under review, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Switzerland in 2022:

1. Italy (24.2 tons)
2. France (13.2 tons)
3. United States (6.6 tons)
4. India (5.3 tons)
5. Germany (4.2 tons)
6. Slovenia (3.2 tons)
7. South Korea (1.7 tons)

Source: IndexBox Market Intelligence Platform