Price for Nickel; Tube and Pipe Fittings in Kazakhstan - 2021

Price for Nickel; Tube and Pipe Fittings in Kazakhstan (CIF) - 2022

In 2022, the average import price for nickel; tube and pipe fittingses amounted to $215,479 per ton, increasing by 37% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The pace of growth was the most pronounced in 2017 an increase of 75% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($1,975,016 per ton), while the price for China ($8,892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Tube and Pipe Fittings in Kazakhstan (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $1,283,333 per ton in 2022, with an increase of 2,469% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +21.6% per year.

Imports of Nickel; Tube and Pipe Fittings in Kazakhstan

In 2022, purchases abroad of nickel; tube and pipe fittingses decreased by -19.9% to 21 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports attained the peak of 80 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, nickel; tube and pipe fittings imports rose notably to $4.5M in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Nickel; Tube and Pipe Fittings in Kazakhstan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	940	3,060	554	2,201	32.8%
Canada	72.1	130	528	1,236	157.8%
United Kingdom	491	1,433	414	194	-26.6%
Singapore	1,622	632	280	185	-51.5%
United States	1,586	2,566	318	126	-57.0%
Germany	238	62.2	40.1	53.0	-39.4%
Mexico	1,059	1,765	1,075	47.0	-64.6%
Russia	2.7	18.4	2.5	40.8	147.2%
India	13.6	12.0	5.6	27.4	26.3%
China	0.3	5.4	10.2	14.6	265.1%
Japan	353	446	117	N/A	-42.4%
Others	2,319	272	750	353	-46.6%
Total	8,696	10,402	4,095	4,478	-19.8%

Top Suppliers of Nickel; Tube and Pipe Fittings to Kazakhstan in 2022:

Italy (10.8 tons)
Russia (2.1 tons)
United Kingdom (1.9 tons)
China (1.6 tons)
India (1.1 tons)
Canada (0.6 tons)
Singapore (0.5 tons)
Germany (0.5 tons)
United States (0.3 tons)
Mexico (0.2 tons)

Exports of Nickel; Tube and Pipe Fittings in Kazakhstan

In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; tube and pipe fittingses, when their volume decreased by -94.5% to 3 kg. Overall, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, the exports reached the peak of 55 kg, and then dropped rapidly in the following year.

In value terms, nickel; tube and pipe fittings exports surged to $3.9K in 2022. In general, exports, however, enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.