Price for Nickel; Tubes and Pipes, Not Alloyed in Bahrain - 2022
Contents:
- Price for Nickel; Tubes and Pipes, Not Alloyed in Bahrain (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, Not Alloyed in Bahrain
Price for Nickel; Tubes and Pipes, Not Alloyed in Bahrain (CIF) - 2022
The average import price for nickel; tubes and pipes, not alloyeds stood at $24,200 per ton in 2022, declining by -2% against the previous year. In general, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 46% against the previous year. As a result, import price attained the peak level of $43,600 per ton. From 2020 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 South Korea ($172,095 per ton), while the price for the United Arab Emirates ($378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Tubes and Pipes, Not Alloyed in Bahrain
Imports of nickel; tubes and pipes, not alloyeds into Bahrain expanded to 160 kg in 2022, picking up by 3.2% compared with the previous year. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 96% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of nickel; tubes and pipes, not alloyeds amounted to $3.9K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Nickel; Tubes and Pipes, Not Alloyed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.3 | 3.4 | 3.6 | 3.6 | 16.1% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Total | 2.4 | 3.8 | 3.8 | 3.9 | 17.6% |
Top Suppliers of Nickel; Tubes and Pipes, Not Alloyed to Bahrain in 2022:
- United Arab Emirates (135.0 kg)
- South Korea (21.0 kg)
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