Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada - 2024
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada (FOB) - 2024
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $67,231 per ton in 2022, jumping by 64% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +134.0% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Sweden ($119,227 per ton), while the price for China ($21,877 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada (FOB) - 2024
The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $150K per ton in June 2023, shrinking by -33.6% against the previous month. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in February 2023 an increase of 188% m-o-m. As a result, the export price reached the peak level of $235K per ton. From March 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($153K per ton), while the average price for exports to the UK totaled $39,250 per ton.
From January 2023 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.7%), 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 Canada
In 2022, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 42% to 960 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a noticeable descent.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $65M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.1 | 14.9 | 18.9 | 39.8 | 32.5% |
| Sweden | 1.5 | 10.0 | 3.1 | 11.3 | 96.0% |
| Italy | 1.6 | 0.4 | 0.7 | 3.9 | 34.6% |
| China | 0.6 | 0.3 | 2.0 | 2.8 | 67.1% |
| Japan | 0.5 | 0.6 | 0.8 | 2.0 | 58.7% |
| Argentina | N/A | N/A | N/A | 1.3 | 0% |
| Germany | 2.9 | 0.8 | 0.7 | 0.2 | -59.0% |
| France | 2.2 | N/A | 0.1 | N/A | -78.7% |
| Others | 4.6 | 3.0 | 1.3 | 3.1 | -12.3% |
| Total | 31.0 | 30.0 | 27.6 | 64.5 | 27.7% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Canada in 2022:
- United States (570.5 tons)
- China (129.5 tons)
- Sweden (95.0 tons)
- Italy (63.5 tons)
- Japan (30.6 tons)
- Argentina (18.6 tons)
- Germany (3.1 tons)
- France (1.4 tons)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada
Exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Canada soared to 272 tons in 2022, growing by 28% compared with the previous year. Over the period under review, exports enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 124%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $39M in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 191% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 4.6 | 21.8 | 35.3 | 46.2% |
| Argentina | N/A | N/A | 0.7 | 0.7 | 0.0% |
| Costa Rica | N/A | N/A | N/A | 0.6 | 0% |
| Poland | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| United Kingdom | 1.0 | 0.9 | 0.2 | 0.3 | -33.1% |
| Singapore | 1.0 | 0.6 | 0.2 | 0.2 | -41.5% |
| France | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| Germany | 0.8 | 0.2 | N/A | 0.1 | -50.0% |
| Others | 0.8 | 1.5 | 1.4 | 0.9 | 4.0% |
| Total | 15.6 | 8.4 | 24.5 | 38.7 | 35.4% |
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Canada in 2022:
- United States (225.2 tons)
- Costa Rica (15.5 tons)
- Poland (6.2 tons)
- Singapore (4.9 tons)
- Argentina (4.5 tons)
- United Kingdom (4.2 tons)
- France (2.7 tons)
- Germany (1.4 tons)
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This report provides an in-depth analysis of the market for nickel pipes and fittings in Canada.
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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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