Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Tanzania - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Tanzania (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Tanzania
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Tanzania (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $12,238 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 139% against the previous year. Over the period under review, average import prices hit record highs at $14,275 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 India ($12,320 per ton), while the price for China totaled $4,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+24.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Tanzania
In 2022, imports of nickel; bars, rods and profiles, not alloyeds into Tanzania surged to 101 kg, picking up by 19% against the year before. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $1.2K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | 504 | 1,232 | 144.4% |
| China | 667 | 778 | 404 | 4.0 | -81.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 667 | 778 | 908 | 1,236 | 22.8% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Tanzania in 2022:
- India (100.0 kg)
- China (1.0 kg)
1545
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