Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama - 2024
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama (CIF) - 2022
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama (FOB) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama
- Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $12,395 per ton in 2022, rising by 65% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 116% against the previous year. The import price peaked at $38,784 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($70,400 per ton), while the price for Free Zones ($6,761 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.0%), 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 Panama (FOB) - 2022
In 2020, the average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $130,000 per ton, waning by -44.2% against the previous year. Overall, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 497%. The export price peaked at $232,963 per ton in 2019, and then declined remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2020, the rate of growth in terms of prices for Barbados amounted to +36.0% per year.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama
In 2022, purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by 268% to 276 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp reduction.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $3.4K in 2022. Overall, imports, however, continue to indicate a precipitous descent.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 2.6 | 0.2 | 0.6 | 1.4 | -18.6% |
| United States | 2.0 | 3.2 | N/A | 1.3 | -13.4% |
| South Korea | N/A | N/A | N/A | 0.7 | 0% |
| China | N/A | 1.1 | N/A | N/A | 0% |
| Mexico | 7.9 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 36.1 | N/A | N/A | N/A | 0% |
| Honduras | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.1 | N/A | N/A | 0% |
| Total | 49.0 | 6.6 | 0.6 | 3.4 | -58.9% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Panama in 2022:
- Free Zones (205.0 kg)
- United States (61.0 kg)
- South Korea (10.0 kg)
Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama
In 2020, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Panama dropped dramatically to 2 kg, shrinking by -99.2% against the previous year's figure. In general, exports saw a significant decrease.
In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s shrank rapidly to $260 in 2020. Overall, exports saw a precipitous setback.
| Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Venezuela | 5.5 | 0.3 | -94.5% | ||
| Dominican Republic | 9.5 | N/A | 0% | ||
| Trinidad and Tobago | 40.7 | N/A | 0% | ||
| Others | 1.4 | N/A | 0% | ||
| Total | 57.1 | 0.3 | -99.5% | ||
Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Panama in 2022:
- Venezuela (2.0 kg)
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