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

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman

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

In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $40,880 per ton, surging by 65% against the previous year. In general, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 86% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($40,890 per ton) and India ($40,886 per ton), while the price for Belgium ($40,867 per ton) and Qatar ($40,879 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $7,347 per ton, falling by -10.3% against the previous year. Over the period under review, the export price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 508%. The export price peaked at $12,411 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($40,176 per ton), while the average price for exports to the United Arab Emirates totaled $4,544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+70.7%).

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

In 2022, overseas purchases of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -40.7% to 33 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 852% against the previous year. As a result, imports reached the peak of 252 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses fell slightly to $1.3M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 717%. As a result, imports reached the peak of $5.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2311,48342365641.6%
Qatar3.024.67.9432424.1%
Germany4.632.331.468.5146.0%
United Kingdom3.518.716.056.2152.3%
Belgium16480718651.3-32.1%
India2.234.460.839.0160.7%
Switzerland12440746.18.2-59.6%
Japan39.81,760410N/A221.0%
Sweden71.8344N/AN/A379.1%
Singapore19.111331.5N/A28.4%
United States23.9613143N/A144.6%
Others14.793.414.733.531.6%
Total7015,7311,3701,34424.2%

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

  1. United Arab Emirates (16.0 tons)
  2. Qatar (10.6 tons)
  3. Germany (1.7 tons)
  4. United Kingdom (1.4 tons)
  5. Belgium (1.3 tons)
  6. India (1.0 tons)
  7. Switzerland (0.2 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman

In 2022, overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses were finally on the rise to reach 1.6 tons after two years of decline. In general, exports, however, showed a precipitous descent.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $12K in 2022. Over the period under review, exports, however, saw a precipitous slump.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates79.332.71.56.7-56.1%
GermanyN/AN/AN/A5.00%
Others86.353.61.6N/A-86.4%
Total16686.23.111.7-58.7%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Oman in 2022:

  1. United Arab Emirates (1464.0 kg)
  2. Germany (125.0 kg)

Source: IndexBox Market Intelligence Platform

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