Chlorides; of Nickel Price in Morocco - 2022
Contents:
Chlorides; of Nickel Price in Morocco (CIF) - 2022
The average chlorides; of nickel import price stood at $8,810 per ton in 2022, surging by 25% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of nickel import price increased by +66.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44% 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.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,422 per ton), while the price for France stood at $8,452 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Chlorides; of Nickel Imports in Morocco
In 2022, approx. 452 kg of chlorides; of nickels were imported into Morocco; declining by -90.2% compared with 2021 figures. Overall, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 7.7%.
In value terms, chlorides; of nickel imports fell significantly to $4K in 2022. In general, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year.
| Import of Chlorides; of Nickel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.1 | 2.6 | 22.7 | 2.4 | -22.2% |
| Germany | 29.3 | 12.6 | 3.1 | 1.6 | -62.1% |
| Spain | N/A | 4.7 | N/A | N/A | 0% |
| South Korea | 3.7 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | 6.8 | N/A | 0% |
| Italy | N/A | 2.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.1 | 22.7 | 32.6 | 4.0 | -52.8% |
Top Suppliers of Chlorides; of Nickel to Morocco in 2022:
- France (285.0 kg)
- Germany (167.0 kg)
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