Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil - 2024

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (CIF) - 2024
  2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (FOB) - 2022
  3. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil
  4. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (CIF) - 2024

In September 2023, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $66,455 per ton, reducing by -5.9% against the previous month. Overall, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in April 2023 an increase of 51% month-to-month. The import price peaked at $135K per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($1.2M per ton), while the price for Italy ($23,081 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (FOB) - 2022

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $78,003 per ton, increasing by 59% against the previous year. Overall, the export price, however, showed a noticeable decline. The export price peaked at $107,307 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($155,713 per ton), while the average price for exports to Paraguay ($23,584 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 Nigeria (+64.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil

In 2022, supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -28.8% to 155 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s declined to $11M in 2022. Over the period under review, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of $41M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.36.04.85.0-11.9%
United Kingdom1.50.81.32.010.1%
China0.51.20.71.026.0%
Germany3.71.43.20.9-37.6%
FranceN/A1.20.70.8-18.4%
Spain0.20.30.30.426.0%
Italy0.80.50.30.3-27.9%
Indonesia17.828.60.8N/A-78.8%
Others1.31.31.00.8-14.9%
Total33.241.413.011.2-30.4%

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Brazil in 2022:

  1. United States (67.9 tons)
  2. China (28.4 tons)
  3. United Kingdom (20.0 tons)
  4. Germany (10.2 tons)
  5. Italy (8.0 tons)
  6. France (7.3 tons)
  7. Spain (4.8 tons)

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil

After three years of growth, overseas shipments of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -35.6% to 35 tons in 2022. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 7.5%. As a result, the exports reached the peak of 54 tons, and then declined rapidly in the following year.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s expanded slightly to $2.7M in 2022. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 7.9%.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3372192,0041,94679.4%
AngolaN/AN/AN/A3410%
ChinaN/A65.823.290.017.0%
United Arab Emirates31826620959.3-42.9%
Malaysia67.23.21.833.4-20.8%
Norway2,0846545.832.0-75.1%
Paraguay35.3N/AN/A27.8-7.7%
Mexico116N/A0.410.0-55.8%
Chile119N/A2.31.3-77.8%
QatarN/A1.42760.4-46.5%
Singapore1300.7N/A0.2-88.5%
Saudi ArabiaN/A5530.4N/A-99.9%
Saint LuciaN/A5530.4N/A-99.9%
Others16.8124111162112.8%
Total3,2232,4422,6342,704-5.7%

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Brazil in 2022:

  1. United States (25.3 tons)
  2. Angola (4.0 tons)
  3. United Arab Emirates (1.3 tons)
  4. Paraguay (1.2 tons)
  5. Malaysia (0.8 tons)
  6. China (0.6 tons)
  7. Mexico (0.1 tons)
  8. Norway (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - Brazil