Price for Nickel; Tubes and Pipes, Not Alloyed in Angola - 2022

Contents:

1. Price for Nickel; Tubes and Pipes, Not Alloyed in Angola (CIF) - 2022
2. Imports of Nickel; Tubes and Pipes, Not Alloyed in Angola

Price for Nickel; Tubes and Pipes, Not Alloyed in Angola (CIF) - 2022

The average import price for nickel; tubes and pipes, not alloyeds stood at $19,275 per ton in 2022, falling by -47.5% against the previous year. Overall, the import price saw a noticeable decline. The growth pace was the most rapid in 2021 an increase of 89% against the previous year. The import price peaked at $77,833 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Portugal ($29,000 per ton), while the price for Namibia ($9,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.0%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Tubes and Pipes, Not Alloyed in Angola

In 2022, purchases abroad of nickel; tubes and pipes, not alloyeds increased by 76% to 51 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt slump.

In value terms, imports of nickel; tubes and pipes, not alloyeds dropped to $983 in 2022. Overall, imports, however, recorded a precipitous contraction. The smallest decline of -7% was in 2021.

Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Angola in 2022:

1. United Kingdom (49.0 kg)
2. Namibia (1.0 kg)
3. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform