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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $12,280 per ton in 2022, declining by -53.6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 152% against the previous year. Over the period under review, average import prices attained the peak figure at $32,909 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($34,793 per ton), while the price for India ($10,720 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 Arab Emirates (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into Oman dropped slightly to 507 kg, which is down by -2.3% on the previous year's figure. Over the period under review, imports saw a dramatic decrease.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds contracted dramatically to $6.2K in 2022. Overall, imports showed a precipitous curtailment. The smallest decline of -32.7% was in 2020.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.22.84.6184.4%
FranceN/AN/AN/A1.00%
United Arab Emirates1.80.31.30.6-30.7%
Switzerland2.62.27.7N/A72.1%
Luxembourg24.7N/AN/AN/A0%
ItalyN/A15.9N/AN/A0%
Others1.01.82.0N/A41.4%
Total30.320.413.76.2-41.1%

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

  1. India (428.0 kg)
  2. United Arab Emirates (50.0 kg)
  3. France (29.0 kg)

Source: IndexBox Market Intelligence Platform

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