Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Kenya - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Kenya (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Kenya

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Kenya (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $96,267 per ton, rising by 308% against the previous year. In general, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($165,625 per ton), while the price for China stood at $17,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.3%).

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Kenya

Imports of nickel; bars, rods and profiles, not alloyeds into Kenya shrank remarkably to 15 kg in 2022, waning by -94.1% compared with 2021 figures. Over the period under review, imports continue to indicate a precipitous contraction. The smallest decline of -53% was in 2021.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds plummeted to $1.4K in 2022. In general, imports recorded a precipitous descent. The smallest decline of -40.2% was in 2021.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom17.81.52.61.3-58.2%
ChinaN/AN/AN/A0.10%
Vietnam1.5N/AN/AN/A0%
India12.78.63.5N/A-47.5%
OthersN/AN/AN/AN/A0%
Total32.110.16.01.4-64.8%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Kenya in 2022:

  1. United Kingdom (8.0 kg)
  2. China (7.0 kg)

Source: IndexBox Market Intelligence Platform

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