Price for Nickel; Tubes and Pipes, of Nickel Alloys in Singapore - 2023
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in Singapore (CIF) - 2022
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in Singapore (FOB) - 2022
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Singapore
- Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Singapore
Price for Nickel; Tubes and Pipes, of Nickel Alloys in Singapore (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $37,404 per ton in 2022, reducing by -18.6% against the previous year. Overall, the import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the peak figure at $58,489 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 UK ($63,490 per ton), while the price for China ($15,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes and Pipes, of Nickel Alloys in Singapore (FOB) - 2022
The average export price for nickel; tubes and pipes, of nickel alloyses stood at $16,611 per ton in 2022, reducing by -12.1% against the previous year. Over the period under review, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 300%. The export price peaked at $61,397 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($136,382 per ton), while the average price for exports to Indonesia ($13,553 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 Myanmar (+73.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Singapore
In 2022, after two years of decline, there was significant growth in supplies from abroad of nickel; tubes and pipes, of nickel alloyses, when their volume increased by 33% to 577 tons. Overall, imports, however, recorded a abrupt setback.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses expanded sharply to $22M in 2022. In general, imports, however, faced a abrupt descent.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.4 | 3.9 | 7.4 | 9.9 | 42.8% |
| United Kingdom | 4.4 | 2.4 | 3.3 | 4.4 | 0.0% |
| China | 0.5 | 0.5 | 1.0 | 2.4 | 68.7% |
| United States | 2.6 | 2.0 | 2.4 | 1.7 | -13.2% |
| Italy | 0.5 | 0.2 | 1.9 | 0.8 | 17.0% |
| Indonesia | 19.9 | 15.2 | N/A | 0.8 | -65.7% |
| Austria | N/A | N/A | 0.5 | 0.5 | 0.0% |
| Malaysia | 1.2 | 1.0 | 0.9 | 0.1 | -56.3% |
| Others | 1.0 | 1.5 | 2.5 | 1.0 | 0.0% |
| Total | 33.5 | 26.7 | 19.9 | 21.6 | -13.6% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Singapore in 2022:
- Germany (198.2 tons)
- China (159.0 tons)
- United Kingdom (69.3 tons)
- Indonesia (44.6 tons)
- Italy (39.9 tons)
- United States (33.9 tons)
- Austria (17.5 tons)
- Malaysia (1.4 tons)
Exports of Nickel; Tubes and Pipes, of Nickel Alloys in Singapore
In 2022, exports of nickel; tubes and pipes, of nickel alloyses from Singapore skyrocketed to 1K tons, picking up by 56% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 114%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $17M in 2022. Overall, exports, however, faced a deep downturn.
| Export of Nickel; Tubes and Pipes, of Nickel Alloys in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.8 | 0.3 | 6.9 | 10.0 | 52.9% |
| India | 0.5 | 0.5 | 0.1 | 1.3 | 37.5% |
| Malaysia | 1.5 | 1.4 | 1.3 | 1.2 | -7.2% |
| United Arab Emirates | 0.2 | 0.1 | 0.2 | 1.0 | 71.0% |
| China | 0.8 | 0.7 | 0.9 | 0.9 | 4.0% |
| United States | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Thailand | N/A | N/A | N/A | 0.6 | 0% |
| Saudi Arabia | N/A | N/A | 1.1 | 0.5 | -54.5% |
| Brazil | 19.9 | 15.2 | 0.1 | N/A | -92.9% |
| Others | 0.6 | 0.3 | 1.5 | 0.7 | 5.3% |
| Total | 26.5 | 18.5 | 12.2 | 16.8 | -14.1% |
Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from Singapore in 2022:
- Indonesia (741.1 tons)
- Malaysia (65.4 tons)
- India (53.4 tons)
- United Arab Emirates (45.6 tons)
- Thailand (27.2 tons)
- Saudi Arabia (19.5 tons)
- United States (19.4 tons)
- China (15.5 tons)
- Brazil (0.1 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Singapore.
453
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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