Nickel; Unwrought, Alloys Price in Egypt - 2023

Contents:

  1. Nickel; Unwrought, Alloys Price in Egypt (FOB) - 2022
  2. Nickel; Unwrought, Alloys Price in Egypt (CIF) - 2022
  3. Nickel; Unwrought, Alloys Exports in Egypt
  4. Nickel; Unwrought, Alloys Imports in Egypt

Nickel; Unwrought, Alloys Price in Egypt (FOB) - 2022

The average nickel; unwrought, alloys export price stood at $28,151 per ton in 2022, falling by -34.3% against the previous year. In general, the export price showed a sharp descent. The export price peaked at $1,903,300 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($28,151 per ton), while the average price for exports to Japan stood at $28,151 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.4%).

Nickel; Unwrought, Alloys Price in Egypt (CIF) - 2022

In 2022, the average nickel; unwrought, alloys import price amounted to $17,875 per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 71% against the previous year. Over the period under review, average import prices reached the peak figure at $22,051 per ton in 2015; however, from 2016 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 ($69,646 per ton), while the price for Italy ($15,597 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Nickel; Unwrought, Alloys Exports in Egypt

In 2022, the amount of nickel; unwrought, alloyses exported from Egypt surged to 30 tons, increasing by 1,473% on the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; unwrought, alloys exports skyrocketed to $835K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nickel; Unwrought, Alloys in Egypt (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands27.16212191.5%
JapanN/A2140%
Others53.7N/A0%
Total80.8835933.4%

Top Export Markets for Nickel; Unwrought, Alloys from Egypt in 2022:

  1. Netherlands (22.0 tons)
  2. Japan (7.6 tons)

Nickel; Unwrought, Alloys Imports in Egypt

In 2022, overseas purchases of nickel; unwrought, alloyses decreased by 0% to 8.7 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 87%. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; unwrought, alloys imports stood at $155K in 2022. Over the period under review, imports showed a mild decrease. The growth pace was the most rapid in 2020 when imports increased by 93%. As a result, imports reached the peak of $309K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Nickel; Unwrought, Alloys in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18.9127N/A69.154.1%
Italy48.047.1N/A22.7-22.1%
Norway19.038.8N/A21.84.7%
South Africa4.611.2N/A15.850.9%
Canada10.54.2N/A8.9-5.4%
Turkey23.541.3N/A8.8-27.9%
Germany22.430.4N/A3.3-47.2%
Others14.09.2N/A4.3-32.5%
Total161309N/A155-1.3%

Top Suppliers of Nickel; Unwrought, Alloys to Egypt in 2022:

  1. Germany (undefined tons)
  2. France (4.0 tons)
  3. Italy (1.5 tons)
  4. Norway (1.3 tons)
  5. South Africa (0.9 tons)
  6. Canada (0.5 tons)
  7. Turkey (0.3 tons)

Source: IndexBox Market Intelligence Platform

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