Chlorides; of Nickel Price in Kenya - 2022
Contents:
Chlorides; of Nickel Price in Kenya (CIF) - 2022
The average chlorides; of nickel import price stood at $8,719 per ton in 2022, increasing by 41% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 74%. As a result, import price reached the peak level of $19,326 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($50,000 per ton), while the price for India stood at $8,375 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.0%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Nickel Imports in Kenya
In 2022, after three years of growth, there was significant decline in purchases abroad of chlorides; of nickels, when their volume decreased by -77.3% to 121 kg. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 696%. As a result, imports reached the peak of 533 kg, and then shrank dramatically in the following year.
In value terms, chlorides; of nickel imports fell sharply to $1.1K in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 711%. As a result, imports reached the peak of $3.3K, and then declined dramatically in the following year.
| Import of Chlorides; of Nickel in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 27.0 | 142 | 1,375 | 1,005 | 233.9% |
| China | 85.0 | 200 | 1,708 | N/A | 348.3% |
| Others | 29.0 | 65.0 | 218 | 50.0 | 19.9% |
| Total | 141 | 407 | 3,301 | 1,055 | 95.6% |
Top Suppliers of Chlorides; of Nickel to Kenya in 2022:
- India (120.0 kg)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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