Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (FOB) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (CIF) - 2023
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (FOB) - 2022
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $50,127 per ton in 2022, with an increase of 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $58,766 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($171,358 per ton), while the average price for exports to Indonesia ($19,893 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 China (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (CIF) - 2023
In August 2023, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $102K per ton, picking up by 54% against the previous month. Over the period under review, the import price posted a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($968K per ton), while the price for China ($51,381 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
For the fourth year in a row, Germany recorded growth in shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 8.2% to 3.7K tons in 2022. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 9.1% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s surged to $186M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.0 | 42.4 | 33.6 | 35.3 | -15.3% |
| France | 6.7 | 16.2 | 26.9 | 34.0 | 71.8% |
| Italy | 35.2 | 23.1 | 15.7 | 27.0 | -8.5% |
| United Kingdom | 4.8 | 7.5 | 9.9 | 13.5 | 41.2% |
| China | 2.6 | 5.1 | 7.6 | 10.5 | 59.2% |
| Netherlands | 2.5 | 5.9 | 3.1 | 6.8 | 39.6% |
| Indonesia | N/A | 7.5 | 9.6 | 5.2 | -16.7% |
| Austria | 2.5 | 1.4 | 1.1 | 4.4 | 20.7% |
| Spain | 1.1 | 1.4 | 1.2 | 3.7 | 49.8% |
| Poland | 0.8 | 0.9 | 1.5 | 2.9 | 53.6% |
| Others | 30.0 | 32.1 | 38.0 | 43.1 | 12.8% |
| Total | 144 | 144 | 148 | 186 | 8.9% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Germany in 2022:
- France (1199.6 tons)
- Italy (787.7 tons)
- United Kingdom (311.6 tons)
- Indonesia (263.2 tons)
- United States (243.5 tons)
- Netherlands (119.7 tons)
- Austria (96.4 tons)
- Poland (66.7 tons)
- Spain (61.3 tons)
- China (61.0 tons)
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany
In 2022, after three years of growth, there was significant decline in supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -46.8% to 1.4K tons. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 72% against the previous year.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s dropped to $63M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports reached the peak of $71M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.4 | 26.0 | 38.1 | 19.9 | 28.4% |
| United States | 15.9 | 11.9 | 8.6 | 11.6 | -10.0% |
| Italy | 16.3 | 11.2 | 5.0 | 9.0 | -18.0% |
| United Kingdom | 3.0 | 5.6 | 4.2 | 4.6 | 15.3% |
| Sweden | 3.8 | 4.8 | 3.8 | 3.9 | 0.9% |
| Netherlands | 0.4 | 2.5 | 3.0 | 2.2 | 76.5% |
| Switzerland | 2.3 | 2.0 | 1.4 | 2.0 | -4.6% |
| China | 1.0 | 0.6 | 0.9 | 1.3 | 9.1% |
| Others | 4.1 | 6.2 | 5.6 | 8.2 | 26.0% |
| Total | 56.0 | 70.8 | 70.5 | 62.6 | 3.8% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Germany in 2022:
- France (856.1 tons)
- Italy (182.4 tons)
- Sweden (76.4 tons)
- United Kingdom (70.4 tons)
- China (59.3 tons)
- United States (58.6 tons)
- Switzerland (36.5 tons)
- Netherlands (31.2 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Germany.
461
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
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