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

Contents:

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

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

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $11,354 per ton, stabilizing at the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $36,659 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +186.8% per year.

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

Imports of nickel; bars, rods, profiles and wires into Sudan amounted to 1 tons in 2022, remaining stable against 2021 figures. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 3,916% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of nickel; bars, rods, profiles and wires amounted to $11K in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 3,157% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Nickel; Bars, Rods, Profiles and Wire in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.30.711.5386.3%
Saudi ArabiaN/AN/A10.7N/A0%
Others0.4N/AN/AN/A0%
Total0.60.311.411.5167.6%

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

  1. China (1.0 tons)

Source: IndexBox Market Intelligence Platform

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