Nickel; Unwrought, Alloys Price in Kuwait - 2022
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Nickel; Unwrought, Alloys Price in Kuwait (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $27,403 per ton in 2022, with an increase of 25% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 92% against the previous year. As a result, import price reached the peak level of $77,399 per ton. From 2019 to 2022, the average 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 ($196,000 per ton), while the price for China ($5,742 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.
Nickel; Unwrought, Alloys Imports in Kuwait
Nickel; unwrought, alloys imports into Kuwait reduced to 149 kg in 2022, with a decrease of -7.5% against 2021 figures. In general, imports recorded a dramatic slump. The smallest decline of -6.4% was in 2021.
In value terms, nickel; unwrought, alloys imports skyrocketed to $4.1K in 2022. Overall, imports recorded a precipitous slump.
| Import of Nickel; Unwrought, Alloys in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 3.5 | 2.4 | 2.9 | -31.7% |
| China | 1.7 | 0.8 | 0.5 | 0.6 | -29.3% |
| India | 0.4 | 0.1 | 0.4 | 0.5 | 7.7% |
| Others | 1.1 | 0.3 | 0.2 | 0.2 | -43.3% |
| Total | 12.3 | 4.6 | 3.5 | 4.1 | -30.7% |
Top Suppliers of Nickel; Unwrought, Alloys to Kuwait in 2022:
- China (97.0 kg)
- India (34.0 kg)
- United States (17.0 kg)
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This report provides an in-depth analysis of the nickel market in Kuwait.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Kuwait.
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This report provides an in-depth analysis of the nickel market in Kuwait.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
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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...
996
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%
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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
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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.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1184
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...
811
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...
996
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%
