Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Egypt - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Egypt (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Egypt
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Egypt (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $41,343 per ton in 2022, rising by 18% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, of nickel alloyses increased by +95.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 33%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($41,350 per ton), while the price for India stood at $41,254 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Egypt
Imports of nickel; bars, rods and profiles, of nickel alloyses into Egypt fell notably to 1.9 tons in 2022, reducing by -42.3% on the previous year's figure. Overall, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 1,506%.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses fell rapidly to $78K in 2022. In general, imports showed a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 2,040%.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.0 | N/A | 6.3 | 72.4 | 117.9% |
| India | 17.5 | 0.5 | 9.4 | 5.4 | -32.4% |
| Russia | 29.7 | 0.3 | 3.6 | N/A | -65.2% |
| Slovenia | 77.8 | 0.7 | 12.3 | N/A | -60.2% |
| United Kingdom | 43.6 | 0.3 | 7.4 | N/A | -58.8% |
| France | 16.9 | 0.2 | 1.9 | N/A | -66.5% |
| United States | 239 | 2.6 | 66.6 | N/A | -47.2% |
| Others | 42.4 | 0.6 | 6.3 | N/A | -61.5% |
| Total | 474 | 5.3 | 114 | 77.8 | -45.2% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Egypt in 2022:
- Germany (1751.0 kg)
- India (130.0 kg)
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