Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Pakistan - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Pakistan (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Pakistan
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Pakistan (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $15,115 per ton in 2022, growing by 66% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The import price peaked at $23,679 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($31,530 per ton), while the price for Italy ($10,774 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Pakistan
In 2022, imports of nickel; bars, rods and profiles, of nickel alloyses into Pakistan shrank significantly to 3.4 tons, which is down by -86.5% against 2021 figures. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 1,662% against the previous year. As a result, imports reached the peak of 25 tons, and then contracted rapidly in the following year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses reduced notably to $51K in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 658% against the previous year. As a result, imports reached the peak of $228K, and then contracted dramatically in the following year.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 0.2 | 10.8 | 40.0 | 159.1% |
| France | 2.6 | 6.0 | N/A | 5.2 | 26.0% |
| Germany | 2.4 | N/A | 4.6 | 5.0 | 27.7% |
| Italy | 12.4 | N/A | N/A | 0.9 | -58.3% |
| United States | 39.5 | N/A | 0.2 | 0.1 | -86.4% |
| South Korea | N/A | N/A | 161 | N/A | 0% |
| United Kingdom | 6.4 | 4.2 | 8.9 | N/A | 17.9% |
| Japan | 21.3 | 16.6 | 29.1 | N/A | 16.9% |
| Others | 5.3 | 3.0 | 13.7 | N/A | 60.8% |
| Total | 92.2 | 30.1 | 228 | 51.1 | -17.9% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Pakistan in 2022:
- China (2775.0 kg)
- Germany (354.0 kg)
- France (164.0 kg)
- Italy (84.0 kg)
- United States (6.0 kg)
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