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

Contents:

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

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

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $24,528 per ton, falling by -41.6% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of 111% against the previous year. The import price peaked at $75,630 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24,782 per ton), while the price for China ($1,429 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of nickel; bars, rods, profiles and wires into Libya soared to 2.7 tons, increasing by 405% on 2021. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods, profiles and wires surged to $66K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods, Profiles and Wire in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.118.820.761.156.0%
United Arab EmiratesN/A0.20.73.8335.9%
Italy2.1N/AN/A1.5-10.6%
ChinaN/A10.0N/AN/A0%
SwitzerlandN/AN/A1.2N/A0%
Slovenia5.3N/AN/AN/A0%
Others0.55.3N/AN/A960.0%
Total23.934.322.566.540.7%

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

  1. Germany (2466.0 kg)
  2. United Arab Emirates (154.0 kg)
  3. Italy (70.0 kg)
  4. China (21.0 kg)

Source: IndexBox Market Intelligence Platform

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