Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kenya - 2022

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kenya (CIF) - 2022
  2. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kenya

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kenya (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $13,044 per ton in 2022, shrinking by -13.9% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the peak figure at $36,960 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($13,883 per ton), while the price for India ($9,667 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.4%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kenya

In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses imported into Kenya soared to 227 kg, picking up by 220% against 2021. In general, imports showed moderate growth.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $3K in 2022. Over the period under review, imports, however, continue to indicate a deep contraction.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37.038488.02,485306.5%
SloveniaN/AN/AN/A3020%
India65193129.0174-35.6%
United States1,5072,072511N/A-41.8%
South Africa1,3371,887335N/A-49.9%
Others212140113N/A-27.0%
Total3,7445,4141,0762,961-7.5%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Kenya in 2022:

  1. China (179.0 kg)
  2. Slovenia (30.0 kg)
  3. India (18.0 kg)

Source: IndexBox Market Intelligence Platform

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