Price for Nickel; Unwrought, Not Alloyed in Egypt - 2023

Contents:

  1. Price for Nickel; Unwrought, Not Alloyed in Egypt (CIF) - 2022
  2. Imports of Nickel; Unwrought, Not Alloyed in Egypt

Price for Nickel; Unwrought, Not Alloyed in Egypt (CIF) - 2022

In 2022, the average nickel; unwrought, not alloyed import price amounted to $24,430 per ton, rising by 35% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $24,805 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($24,431 per ton) and Norway ($24,430 per ton), while the price for Canada ($24,426 per ton) and Italy ($24,429 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Unwrought, Not Alloyed in Egypt

In 2022, supplies from abroad of nickel; unwrought, not alloyeds decreased by -30.1% to 222 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 8.6%. As a result, imports attained the peak of 415 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, nickel; unwrought, not alloyed imports shrank to $5.4M in 2022. Over the period under review, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 0.8%.

Import of Nickel; Unwrought, Not Alloyed in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1,2005329242,39425.9%
France4388796931,03133.0%
Netherlands12.855.388.1616263.7%
Russia25619417038915.0%
Finland489378203206-25.0%
United Kingdom10333836.618421.3%
Belgium25.022.195.215784.5%
Italy1,6131,3191,197110-59.1%
Canada26259846047.8-43.3%
United Arab Emirates184145133N/A-15.0%
Australia705528516N/A-14.4%
Brazil429321276N/A-19.8%
Others467401964285-15.2%
Total6,1825,7095,7555,421-4.3%

Top Suppliers of Nickel; Unwrought, Not Alloyed to Egypt in 2022:

  1. Norway (98.0 tons)
  2. France (42.2 tons)
  3. Netherlands (25.2 tons)
  4. Russia (15.9 tons)
  5. Finland (8.4 tons)
  6. United Kingdom (7.5 tons)
  7. Belgium (6.4 tons)
  8. Italy (4.5 tons)
  9. Canada (2.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, not alloyed - Egypt