Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran - 2022

Contents:

1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran (CIF) - 2022
2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran (FOB) - 2022
3. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran
4. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran (CIF) - 2022

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $11,430 per ton in 2022, dropping by -5.7% against the previous year. Overall, the import price showed a abrupt downturn. The growth pace was the most rapid in 2017 an increase of 41%. As a result, import price attained the peak level of $42,143 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -7.1% per year.

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran (FOB) - 2022

The average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $4,936 per ton in 2022, shrinking by -17.7% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. As a result, the export price reached the peak level of $27,727 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($10,059 per ton), while the average price for exports to Turkey stood at $4,666 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (-4.8%).

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran

In 2022, purchases abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies increased by 318% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $163K in 2022. Overall, imports, however, faced a deep reduction.

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Iran in 2022:

1. Turkey (14.2 tons)

Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Iran

In 2022, approx. 24 tons of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies were exported from Iran; remaining constant against the previous year's figure. Over the period under review, exports continue to indicate a precipitous shrinkage.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies contracted notably to $117K in 2022. Overall, exports saw a dramatic slump.

Top Export Markets for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Iran in 2022:

1. Turkey (22.5 tons)
2. Afghanistan (1.2 tons)

Source: IndexBox Market Intelligence Platform