Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Oman - 2022

Contents:

  1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Oman (CIF) - 2022
  2. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Oman

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Oman (CIF) - 2022

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $15,001 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50%. The import price peaked at $44,786 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 the UK ($30,227 per ton), while the price for the United Arab Emirates ($10,468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.2%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Oman

In 2022, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies into Oman fell rapidly to 970 kg, with a decrease of -62.2% against the year before. Overall, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies fell dramatically to $15K in 2022. Over the period under review, imports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, imports attained the peak of $39K, and then shrank remarkably in the following year.

Import of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates11.48.311.76.6-16.7%
NorwayN/AN/AN/A6.60%
United Kingdom1.63.027.01.3-6.7%
Qatar18.49.7N/AN/A-47.3%
OthersN/AN/AN/AN/A0%
Total31.421.138.814.6-22.5%

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Oman in 2022:

  1. United Arab Emirates (628.0 kg)
  2. Norway (298.0 kg)
  3. United Kingdom (44.0 kg)

Source: IndexBox Market Intelligence Platform

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