Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $62,115 per ton in 2022, jumping by 186% against the previous year. Over the period under review, the import price saw a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the Czech Republic ($128,384 per ton), while the price for China ($43,714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $135,000 per ton, remaining constant against the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 36%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2014 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +28.6% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain
In 2022, purchases abroad of nickel; bars, rods and profiles, of nickel alloyses decreased by -66.8% to 1.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of 4.9 tons, and then declined significantly in the following year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses reduced to $101K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, imports reached the peak of $107K, and then shrank in the following year.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 1.0 | 0.5 | 36.7 | 155.5% |
| Czech Republic | 2.0 | 2.7 | 11.0 | 28.1 | 141.3% |
| Germany | 31.0 | 9.1 | 43.8 | 22.4 | -10.3% |
| United States | 13.0 | 6.1 | 2.7 | 8.3 | -13.9% |
| India | 0.2 | 0.8 | 2.2 | 4.3 | 178.1% |
| Switzerland | 7.1 | 4.5 | 1.3 | N/A | -57.2% |
| Ireland | 6.4 | 2.3 | 4.1 | N/A | -20.0% |
| Sweden | 12.4 | 11.8 | 20.2 | N/A | 27.6% |
| Italy | 12.7 | 5.6 | 4.5 | N/A | -40.5% |
| Netherlands | 8.3 | 2.5 | 9.4 | N/A | 6.4% |
| Saudi Arabia | 0.9 | 0.7 | 1.7 | N/A | 37.4% |
| Others | 7.2 | 5.1 | 5.5 | 1.6 | -39.4% |
| Total | 103 | 52.1 | 107 | 101 | -0.7% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Bahrain in 2022:
- China (840.0 kg)
- Germany (337.0 kg)
- Czech Republic (219.0 kg)
- United States (122.0 kg)
- India (86.0 kg)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain
After two years of decline, overseas shipments of nickel; bars, rods and profiles, of nickel alloyses decreased by -50% to 2 kg in 2022. Over the period under review, exports faced a sharp reduction.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses shrank markedly to $270 in 2022. In general, exports recorded a dramatic curtailment.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.6 | N/A | N/A | 0.3 | -56.3% |
| Free Zones | 20.1 | N/A | N/A | N/A | 0% |
| United States | 71.5 | N/A | N/A | N/A | 0% |
| Others | 20.1 | N/A | 0.5 | N/A | -84.2% |
| Total | 115 | N/A | 0.5 | 0.3 | -86.2% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Bahrain in 2022:
- Saudi Arabia (2.0 kg)
1565
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