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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $66,663 per ton in July 2023, reducing by -60.2% against the previous month. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 1,235% against the previous month. As a result, import price reached the peak level of $629K 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 ($229K per ton), while the price for Italy ($27,178 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 (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $20,092 per ton, dropping by -3.5% against the previous year. Overall, the export price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 81%. Over the period under review, the average export prices reached the maximum at $20,813 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($299,000 per ton), while the average price for exports to Iran ($5,003 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 Italy (+70.3%), 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 Turkey

In 2022, approx. 111 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Turkey; growing by 84% compared with the previous year. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $8.4M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (46.9 tons)
2. United States (34.3 tons)
3. Serbia (7.4 tons)
4. South Korea (6.6 tons)
5. United Kingdom (6.2 tons)
6. China (3.4 tons)
7. Germany (2.9 tons)

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

In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Turkey skyrocketed to 41 tons, picking up by 151% compared with the year before. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue 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 $818K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 169%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Iran (14.7 tons)
2. Uzbekistan (12.4 tons)
3. United States (5.6 tons)
4. Netherlands (4.5 tons)
5. Romania (1.9 tons)
6. Norway (0.8 tons)

Source: IndexBox Market Intelligence Platform