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

Contents:

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

Price for Nickel; Tubes and Pipes, of Nickel Alloys in South Africa (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $44,603 per ton in 2022, with an increase of 7.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 32%. As a result, import price reached the peak level of $49,915 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 France ($112,051 per ton), while the price for Spain ($22,620 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nickel; tubes and pipes, of nickel alloyses stood at $5,936 per ton in 2022, falling by -89.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 231%. As a result, the export price reached the peak level of $55,452 per ton, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($8,455 per ton), while the average price for exports to Mozambique stood at $2,085 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+30.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in South Africa

In 2022, purchases abroad of nickel; tubes and pipes, of nickel alloyses decreased by -43.2% to 27 tons, falling for the second consecutive year after two years of growth. In general, imports faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, imports attained the peak of 79 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses contracted significantly to $1.2M in 2022. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 84% against the previous year. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. United Kingdom (17.8 tons)
2. China (3.9 tons)
3. United States (1.7 tons)
4. Italy (1.1 tons)
5. Spain (1.1 tons)
6. France (0.4 tons)

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in South Africa

Exports of nickel; tubes and pipes, of nickel alloyses from South Africa surged to 891 kg in 2022, with an increase of 178% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 222%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses dropped markedly to $5.3K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. As a result, the exports reached the peak of $18K, and then contracted rapidly in the following year.

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

1. Mozambique (600.0 kg)
2. Swaziland (290.0 kg)

Source: IndexBox Market Intelligence Platform