Chlorides; of Nickel Price in Iraq - 2022

Contents:

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

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

In 2022, the average chlorides; of nickel import price amounted to $8,638 per ton, with an increase of 40% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($29,000 per ton), while the price for Turkey totaled $6,288 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.3%).

Chlorides; of Nickel Imports in Iraq

In 2022, purchases abroad of chlorides; of nickels decreased by -58.9% to 58 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 26%.

In value terms, chlorides; of nickel imports declined notably to $501 in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 6.5%.

Import of Chlorides; of Nickel in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey482637780327-12.1%
India28518087.0174-15.2%
OthersN/AN/AN/AN/A0%
Total767817867501-13.2%

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

  1. Turkey (52.0 kg)
  2. India (6.0 kg)

Source: IndexBox Market Intelligence Platform

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