Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Tanzania - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Tanzania (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Tanzania

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Tanzania (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $672 per ton, with a decrease of -98.3% against the previous year. Over the period under review, the import price saw a sharp decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 73%. Over the period under review, average import prices hit record highs at $40,625 per ton in 2021, and then shrank sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to 0.0% per year.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Tanzania

For the fourth year in a row, Tanzania recorded growth in purchases abroad of nickel; bars, rods and profiles, of nickel alloyses, which increased by 4,882% to 8.8 tons in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses dropped rapidly to $5.9K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 268%.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UgandaN/AN/AN/A5.90%
Others1.14.17.2N/A155.8%
Total1.14.17.25.975.0%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Tanzania in 2022:

  1. Uganda (8.8 tons)

Source: IndexBox Market Intelligence Platform

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