Price for Nickel; Tubes and Pipes, of Nickel Alloys in Bahrain - 2022

Contents:

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

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

In 2022, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $36,143 per ton, rising by 89% against the previous year. In general, the import price, however, recorded a perceptible contraction. Over the period under review, average import prices hit record highs at $48,734 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($71,271 per ton), while the price for Spain ($13,901 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+636.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $45,915 per ton in 2022, rising by 9.3% against the previous year. Over the period under review, the export price saw a noticeable increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 52%. As a result, the export price reached the peak level of $107,613 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +2.4% per year.

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

After three years of growth, overseas purchases of nickel; tubes and pipes, of nickel alloyses decreased by -91.5% to 11 tons in 2022. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 365%.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses shrank sharply to $396K in 2022. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 208%.

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

1. India (2168.0 kg)
2. Spain (1593.0 kg)
3. Germany (1481.0 kg)
4. China (1432.0 kg)
5. South Korea (1181.0 kg)
6. United Arab Emirates (902.0 kg)
7. Italy (560.0 kg)
8. Netherlands (463.0 kg)
9. United Kingdom (440.0 kg)
10. United States (280.0 kg)
11. Japan (198.0 kg)

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

After two years of decline, overseas shipments of nickel; tubes and pipes, of nickel alloyses increased by 131% to 1.9 tons in 2022. Overall, exports, however, faced a precipitous decrease.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $88K in 2022. In general, exports, however, faced a dramatic slump.

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

1. Saudi Arabia (1892.0 kg)

Source: IndexBox Market Intelligence Platform