Price for Nickel Oxides and Hydroxides in Pakistan - 2023
Contents:
- Price for Nickel Oxides and Hydroxides in Pakistan (CIF) - 2022
- Imports of Nickel Oxides and Hydroxides in Pakistan
Price for Nickel Oxides and Hydroxides in Pakistan (CIF) - 2022
In 2022, the average nickel oxides and hydroxides import price amounted to $4,390 per ton, approximately mirroring the previous year. Overall, the import price enjoyed mild growth. The growth pace was the most rapid in 2014 an increase of 51% against the previous year. The import price peaked at $11,243 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($10,436 per ton), while the price for the United States ($2,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+60.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel Oxides and Hydroxides in Pakistan
After three years of growth, supplies from abroad of nickel oxides and hydroxideses decreased by -0.2% to 5.2 tons in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 359% against the previous year.
In value terms, nickel oxides and hydroxides imports dropped modestly to $23K in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 435%.
| Import of Nickel Oxides and Hydroxides in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.0 | 19.1 | 18.5 | 18.5 | 109.9% |
| Japan | 2.1 | 3.4 | 4.1 | 4.0 | 24.0% |
| United States | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 4.3 | 22.8 | 22.9 | 22.9 | 74.6% |
Top Suppliers of Nickel Oxides and Hydroxides to Pakistan in 2022:
- South Korea (4.7 tons)
- Japan (0.4 tons)
- United States (0.1 tons)
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