In 2023, the United States dominated the global export market for nickel alloy tubes and pipes, followed by Germany, the United Kingdom, and Italy. Sweden and China experienced significant growth, while Japan saw a notable decline. Minor players like Norway and the Czech Republic showed impressive growth, with increases of 31.47% and 46.44%, respectively. The 5-year CAGR suggests consistent gains in emerging markets like India and Spain, while some European countries are experiencing stagnation or decline.
Future trends to watch include:
- Continued dominance of the United States but watch for increased competition from China.
- Potential recovery or further decline for Japan depending on macroeconomic factors.
- Emerging growth from smaller markets like Norway and the Czech Republic.
Top countries in Export of Nickel Alloy Tubes and Pipe Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 33.29 | 2023 | +4.11% | +1.58% | View data |
| 2 | 2 Germany | 11.28 | 2023 | +0.94% | +0.24% | View data |
| 3 | 3 United Kingdom | 10.67 | 2023 | +0.35% | +0.5% | View data |
| 4 | 4 Italy | 10.59 | 2023 | +3.55% | +2.39% | View data |
| 5 | 5 Sweden | 8.61 | 2023 | +1.63% | +6.75% | View data |
| 6 | 6 China | 7.77 | 2023 | +4.8% | +5.1% | View data |
| 7 | 7 France | 7.77 | 2023 | -4.13% | -0.25% | View data |
| 8 | 8 Japan | 5.94 | 2023 | -14.34% | -16.64% | View data |
| 9 | 9 Netherlands | 3.85 | 2023 | +3.33% | +1.85% | View data |
| 10 | 10 United Arab Emirates | 1.74 | 2023 | +3.11% | +1.3% | View data |
