Price for Nickel; Bars, Rods, Profiles and Wire in Algeria - 2022

Contents:

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

Price for Nickel; Bars, Rods, Profiles and Wire in Algeria (CIF) - 2022

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $47,247 per ton, waning by -20.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 57%. Over the period under review, average import prices hit record highs at $68,080 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($283,204 per ton), while the price for Bahrain ($35,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+57.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods, Profiles and Wire in Algeria

In 2022, imports of nickel; bars, rods, profiles and wires into Algeria soared to 4.2 tons, rising by 166% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 202%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of nickel; bars, rods, profiles and wires surged to $196K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 174%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Nickel; Bars, Rods, Profiles and Wire in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A1380%
Czech RepublicN/A9.92.819.239.3%
Germany8.67.55.113.917.4%
TurkeyN/A7.7N/A10.215.1%
FranceN/AN/A18.47.7-58.2%
China14.1N/A0.62.8-41.7%
Slovenia24.9N/A66.0N/A62.8%
Others2.58.8N/A5.026.0%
Total50.134.093.019657.6%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Algeria in 2022:

  1. Bahrain (3834.0 kg)
  2. France (85.0 kg)
  3. Czech Republic (71.0 kg)
  4. China (71.0 kg)
  5. Germany (49.0 kg)
  6. Turkey (37.0 kg)

Source: IndexBox Market Intelligence Platform

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