Nickel; Unwrought, Alloys Price in Algeria - 2022
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Nickel; Unwrought, Alloys Price in Algeria (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $25,143 per ton, falling by -14.7% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 37%. Over the period under review, average import prices reached the peak figure at $64,045 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($96,434 per ton), while the price for France ($8,348 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+23.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Nickel; Unwrought, Alloys Imports in Algeria
Nickel; unwrought, alloys imports into Algeria skyrocketed to 2 tons in 2022, with an increase of 69% on the previous year. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, nickel; unwrought, alloys imports soared to $50K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Nickel; Unwrought, Alloys in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 14.8 | 20.9 | 12.9 | 30.8 | 27.7% |
Italy | 2.9 | 6.1 | 15.0 | 14.2 | 69.8% |
Germany | 1.5 | 3.7 | 6.8 | 5.1 | 50.4% |
Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
Total | 19.3 | 30.8 | 34.9 | 50.3 | 37.6% |
Top Suppliers of Nickel; Unwrought, Alloys to Algeria in 2022:
- United Kingdom (1141.0 kg)
- Italy (783.0 kg)
- Germany (53.0 kg)
This report provides an in-depth analysis of the nickel market in Algeria.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Algeria.
This report provides an in-depth analysis of the nickel market in Algeria.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%