Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $16,103 per ton, falling by -49% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $37,440 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($362,000 per ton), while the price for China ($10,759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $8,162 per ton in 2022, waning by -33.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in 2017 when the average export price increased by 1,177%. As a result, the export price reached the peak level of $46,933 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($12,162 per ton), while the average price for exports to Swaziland ($1,656 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+33.2%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa
In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses imported into South Africa skyrocketed to 82 tons, increasing by 294% against the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $1.3M in 2022. Overall, imports showed a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 26.9 | 7.0 | 34.0 | 663 | 191.0% |
Germany | 310 | 90.0 | 344 | 331 | 2.2% |
United States | 460 | 135 | 192 | 170 | -28.2% |
Sweden | 83.2 | 60.0 | 7.1 | 56.9 | -11.9% |
United Kingdom | 172 | 21.5 | 41.9 | 47.0 | -35.1% |
India | 19.3 | 2.8 | 4.0 | 33.1 | 19.7% |
Italy | 111 | 136 | 3.1 | 0.1 | -90.3% |
Others | 55.8 | 14.6 | 32.2 | 20.8 | -28.0% |
Total | 1,238 | 467 | 658 | 1,322 | 2.2% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to South Africa in 2022:
- China (61.6 tons)
- Germany (9.3 tons)
- United States (5.1 tons)
- United Kingdom (2.4 tons)
- India (2.0 tons)
- Sweden (1.1 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa
In 2022, overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -21% to 4.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 92% against the previous year. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses dropped notably to $33K in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,215%. As a result, the exports attained the peak of $212K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.0 | 10.4 | 38.6 | 19.9 | 171.0% |
Netherlands | N/A | N/A | 17.2 | 10.9 | -36.6% |
Swaziland | 0.2 | N/A | 0.4 | 2.1 | 119.0% |
Malawi | N/A | 9.2 | N/A | N/A | 0% |
Kenya | N/A | 7.7 | N/A | N/A | 0% |
Djibouti | 3.8 | N/A | N/A | N/A | 0% |
Turkey | N/A | 184 | N/A | N/A | 0% |
Others | 11.1 | 0.4 | 6.7 | 0.4 | -67.0% |
Total | 16.1 | 212 | 63.0 | 33.3 | 27.4% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from South Africa in 2022:
- Germany (1.6 tons)
- Swaziland (1.3 tons)
- Netherlands (1.2 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy plate in South Africa.
Global Market for Nickel And Nickel Alloy Plate. This report provides an in-depth analysis of the global market for nickel and nickel alloy plate.
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