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

Contents:

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

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

In July 2023, the average import price for nickel; tubes and pipes, of nickel alloyses amounted to $66,000 per ton, dropping by -58.9% against the previous month. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in May 2023 an increase of 941% against the previous month. As a result, import price attained the peak level of $460K per ton. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($225K per ton), while the price for Italy ($27,053 per ton) was amongst the lowest.

From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $136,234 per ton, picking up by 640% against the previous year. Overall, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($461,733 per ton), while the average price for exports to Turkmenistan ($6,177 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 the United States (+203.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of nickel; tubes and pipes, of nickel alloyses imported into Turkey soared to 97 tons, rising by 62% on 2021 figures. Over the period under review, imports showed a remarkable increase. 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 $6.7M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (46.0 tons)
2. United States (34.0 tons)
3. Serbia (7.4 tons)
4. United Kingdom (4.9 tons)
5. China (2.5 tons)
6. Germany (1.4 tons)

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

In 2022, exports of nickel; tubes and pipes, of nickel alloyses from Turkey declined sharply to 2.5 tons, which is down by -78.1% against 2021. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 217%. As a result, the exports attained the peak of 11 tons, and then declined sharply in the following year.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $344K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 504%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Russia (1095.0 kg)
2. United States (318.0 kg)
3. Netherlands (264.0 kg)
4. Egypt (209.0 kg)
5. Turkmenistan (198.0 kg)
6. United Kingdom (108.0 kg)
7. Ukraine (105.0 kg)
8. Germany (93.0 kg)

Source: IndexBox Market Intelligence Platform