Price for Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates (FOB) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates (CIF) - 2022
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $4,227 per ton, dropping by -90.8% against the previous year. In general, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by 82%. As a result, the export price attained the peak level of $67,777 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($4,857 per ton), while the average price for exports to Tunisia totaled $3,024 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (0.0%).
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $12,100 per ton in 2022, falling by -12.1% against the previous year. Overall, the import price saw a deep setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the peak figure at $29,626 per ton in 2013; however, from 2014 to 2022, 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 ($67,669 per ton), while the price for China ($4,522 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.5%), while the prices for the other major suppliers experienced a decline.
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from the United Arab Emirates skyrocketed to 116 tons, jumping by 32,895% compared with the previous year. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds soared to $491K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | N/A | N/A | N/A | 263 | 0% |
| Iraq | N/A | N/A | N/A | 136 | 0% |
| Others | 7.5 | 11.9 | 16.2 | 91.7 | 130.4% |
| Total | 7.5 | 11.9 | 16.2 | 491 | 303.0% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from the United Arab Emirates in 2022:
- Tunisia (87.0 tons)
- Iraq (28.0 tons)
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates
Imports of nickel; bars, rods and profiles, not alloyeds into the United Arab Emirates soared to 10 tons in 2022, rising by 21% against the previous year's figure. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 266%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds rose notably to $125K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 6.3 | 20.6 | 40.3 | 159.7% |
| India | 13.0 | 4.4 | 17.2 | 39.6 | 45.0% |
| China | 0.9 | 2.7 | 17.4 | 39.0 | 251.2% |
| Italy | 24.3 | 35.0 | 36.6 | 2.1 | -55.8% |
| United States | 3.2 | 9.6 | 10.4 | 1.1 | -29.9% |
| Kuwait | N/A | N/A | 9.6 | N/A | 0% |
| Others | 0.8 | 2.1 | 6.1 | 3.0 | 55.4% |
| Total | 44.5 | 60.0 | 118 | 125 | 41.1% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to the United Arab Emirates in 2022:
- China (8.6 tons)
- India (1.0 tons)
- Germany (0.6 tons)
- Italy (0.1 tons)
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