Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the United Arab Emirates - 2022

Contents:

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

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $24,881 per ton, increasing by 2.3% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. The import price peaked at $27,586 per ton in 2012; however, from 2013 to 2022, 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 Germany ($37,817 per ton), while the price for Japan ($10,856 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.8%), 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 the United Arab Emirates (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $18,602 per ton in 2022, picking up by 13% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2013 an increase of 24%. As a result, the export price attained the peak level of $33,415 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($61,796 per ton), while the average price for exports to Saudi Arabia ($8,658 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 Italy (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the United Arab Emirates

In 2022, purchases abroad of nickel; plates, sheets, strip and foil, of nickel alloyses was finally on the rise to reach 144 tons after two years of decline. Overall, imports, however, recorded a deep slump.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $3.6M in 2022. Over the period under review, imports, however, saw a abrupt curtailment.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3994428011,24045.9%
United States1,400456253937-12.5%
India26026737586449.2%
Netherlands54920699.7208-27.6%
France13.910723668.169.8%
Japan827515N/A39.1-63.8%
Sweden14072.571.98.5-60.7%
Italy2691164785.1-73.3%
United Kingdom3811651323.8-78.5%
Others347116273215-14.7%
Total4,5872,4612,7203,589-7.9%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to the United Arab Emirates in 2022:

  1. India (47.1 tons)
  2. United States (38.2 tons)
  3. Germany (32.8 tons)
  4. Netherlands (15.4 tons)
  5. Japan (3.6 tons)
  6. France (2.2 tons)
  7. Sweden (0.5 tons)
  8. Italy (0.2 tons)
  9. United Kingdom (0.1 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the United Arab Emirates

In 2022, shipments abroad of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -34.2% to 64 tons, falling for the second year in a row after two years of growth. In general, exports showed a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 95%. As a result, the exports reached the peak of 206 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses contracted dramatically to $1.2M in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. As a result, the exports reached the peak of $3.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman3972,462633342-4.8%
India684738678215-32.0%
ItalyN/AN/AN/A1660%
KazakhstanN/AN/AN/A1390%
Saudi Arabia9.024.816.093.8118.4%
QatarN/AN/AN/A68.00%
AzerbaijanN/AN/AN/A54.80%
Iran5651131641.0-87.9%
Others30.013.410510953.7%
Total1,6853,3511,5961,189-11.0%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from the United Arab Emirates in 2022:

  1. Oman (22.2 tons)
  2. India (15.6 tons)
  3. Saudi Arabia (10.8 tons)
  4. Qatar (4.3 tons)
  5. Italy (4.2 tons)
  6. Kazakhstan (2.3 tons)
  7. Azerbaijan (1.4 tons)

Source: IndexBox Market Intelligence Platform

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