Price for Nickel; Bars, Rods, Profiles and Wire in Uzbekistan - 2023

Contents:

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

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

The average import price for nickel; bars, rods, profiles and wires stood at $40,913 per ton in 2022, rising by 35% against the previous year. Over the period under review, import price indicated a strong increase from 2017 to 2022: its price increased at an average annual rate of +15.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods, profiles and wires increased by +104.5% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($190,531 per ton), while the price for China amounted to $40,003 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of nickel; bars, rods, profiles and wires imported into Uzbekistan surged to 14 tons, growing by 131% against the previous year's figure. Overall, imports, however, continue to indicate a deep reduction.

In value terms, imports of nickel; bars, rods, profiles and wires soared to $566K in 2022. Over the period under review, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods, Profiles and Wire in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China41527.11215509.8%
Russia5.223.230.2N/A141.0%
United Arab Emirates1.783.621.3N/A254.0%
Others37.94.18.815.7-25.5%
Total4601381825667.2%

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

  1. China (13.8 tons)

Source: IndexBox Market Intelligence Platform

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