Chlorides; of Nickel Price in Ethiopia - 2022

Contents:

  1. Chlorides; of Nickel Price in Ethiopia (CIF) - 2022
  2. Chlorides; of Nickel Imports in Ethiopia

Chlorides; of Nickel Price in Ethiopia (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $17,637 per ton, declining by -62.5% against the previous year. In general, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2021 an increase of 198% against the previous year. As a result, import price reached the peak level of $46,991 per ton, and then reduced dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +125.2% per year.

Chlorides; of Nickel Imports in Ethiopia

In 2022, the amount of chlorides; of nickels imported into Ethiopia skyrocketed to 802 kg, rising by 643% compared with 2021 figures. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of nickel imports soared to $14K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 190%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Chlorides; of Nickel in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A0.20.214.1739.6%
ChinaN/A1.5N/AN/A0%
United Kingdom1.4N/AN/AN/A0%
United StatesN/AN/A4.9N/A0%
OthersN/AN/AN/AN/A0%
Total1.41.85.114.1116.0%

Top Suppliers of Chlorides; of Nickel to Ethiopia in 2022:

  1. India (802.0 kg)

Source: IndexBox Market Intelligence Platform

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