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

Contents:

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

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

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $26,418 per ton in 2022, almost unchanged from the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +52.0% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 59%. Over the period under review, average import prices attained the maximum at $31,581 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($59,123 per ton), while the price for Singapore ($7,403 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), 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 Indonesia (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $27,139 per ton in 2022, dropping by -13.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 294%. As a result, the export price attained the peak level of $62,326 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 Japan ($82,241 per ton), while the average price for exports to Timor-Leste ($2,635 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 UK (+5.6%), 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 Indonesia

After three years of growth, supplies from abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -45.4% to 461 tons in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 845 tons, and then contracted sharply in the following year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s dropped significantly to $12M in 2022. Over the period under review, imports, however, posted measured growth. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $22M, and then dropped dramatically in the following year.

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

1. Germany (166.8 tons)
2. Singapore (117.0 tons)
3. Japan (53.6 tons)
4. China (48.3 tons)
5. United Kingdom (42.6 tons)
6. Italy (11.9 tons)
7. South Korea (7.7 tons)

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

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, which increased by 306% to 137 tons in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached 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 $3.7M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 265%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United Kingdom (90.3 tons)
2. Singapore (20.8 tons)
3. Brazil (14.5 tons)
4. Timor-Leste (6.4 tons)
5. Japan (5.5 tons)

Source: IndexBox Market Intelligence Platform