In 2023, Germany emerged as the leading global exporter of nickel tubes and pipes, with a market share considerably higher than that of other countries. Italy and Switzerland follow suit but with notable declining trends compared to their previous year's export values. Analyzing the variations, Germany exhibited marginal decline, while Italy and Switzerland saw significant decreases. China, despite being lower-ranked, showed a slight increase in exports. The Netherlands experienced substantial positive growth. Future forecasts suggest increased contributions from Asian markets due to competitive pricing, while European exporters may face challenges from regulatory changes and evolving demand patterns owing to technological advancements and sustainability initiatives.
Top countries in Export of Nickel Tubes and Pipe by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 9,318,600 | 2023 | +1.36% | -0.09% | View data |
2 | 2 Italy | 5,440,500 | 2023 | -1.4% | -5.61% | View data |
3 | 3 Switzerland | 4,204,800 | 2023 | -0.18% | -7.02% | View data |
4 | 4 United Kingdom | 4,170,000 | 2023 | -2.96% | -6.08% | View data |
5 | 5 Japan | 3,422,600 | 2023 | +4.34% | -20.89% | View data |
6 | 6 France | 2,642,300 | 2023 | +0.022% | -1.87% | View data |
7 | 7 China | 1,585,300 | 2023 | +4.59% | +1.94% | View data |
8 | 8 United States | 982,320 | 2023 | -14.81% | -12.91% | View data |
9 | 9 Lithuania | 612,560 | 2023 | +6.02% | +1.97% | View data |
10 | 10 Sweden | 136,420 | 2023 | +4.43% | +0.53% | View data |