Nickel; Unwrought, Alloys Price in Tanzania - 2022
Contents:
- Nickel; Unwrought, Alloys Price in Tanzania (CIF) - 2022
- Nickel; Unwrought, Alloys Imports in Tanzania
Nickel; Unwrought, Alloys Price in Tanzania (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $19,049 per ton in 2022, flattening at the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, alloys import price increased by +43.0% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 70% against the previous year. The import price peaked at $21,333 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.9% per year.
Nickel; Unwrought, Alloys Imports in Tanzania
For the fourth year in a row, Tanzania recorded growth in purchases abroad of nickel; unwrought, alloyses, which increased by 0.5% to 820 kg in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 965% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, nickel; unwrought, alloys imports reached $16K in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,106% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Nickel; Unwrought, Alloys in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.7 | 8.1 | 0.8 | 15.6 | 181.4% |
| South Africa | N/A | N/A | 14.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.7 | 8.1 | 15.5 | 15.6 | 181.4% |
Top Suppliers of Nickel; Unwrought, Alloys to Tanzania in 2022:
- India (820.0 kg)
315
This report provides an in-depth analysis of the nickel market in Tanzania.
1157
This report provides an in-depth analysis of the global nickel market.
315
This report provides an in-depth analysis of the nickel market in Tanzania.
1011
This report provides an in-depth analysis of the global nickel market.
1157
This report provides an in-depth analysis of the global nickel market.
78
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1185
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...
814
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...
998
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%
1808
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
885
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.
78
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1185
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...
814
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...
998
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%
