Price for Nickel; Unwrought, Not Alloyed in Egypt - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Egypt (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 1,200 | 532 | 924 | 2,394 | 25.9% |
France | 438 | 879 | 693 | 1,031 | 33.0% |
Netherlands | 12.8 | 55.3 | 88.1 | 616 | 263.7% |
Russia | 256 | 194 | 170 | 389 | 15.0% |
Finland | 489 | 378 | 203 | 206 | -25.0% |
United Kingdom | 103 | 338 | 36.6 | 184 | 21.3% |
Belgium | 25.0 | 22.1 | 95.2 | 157 | 84.5% |
Italy | 1,613 | 1,319 | 1,197 | 110 | -59.1% |
Canada | 262 | 598 | 460 | 47.8 | -43.3% |
United Arab Emirates | 184 | 145 | 133 | N/A | -15.0% |
Australia | 705 | 528 | 516 | N/A | -14.4% |
Brazil | 429 | 321 | 276 | N/A | -19.8% |
Others | 467 | 401 | 964 | 285 | -15.2% |
Total | 6,182 | 5,709 | 5,755 | 5,421 | -4.3% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Egypt in 2022:
- Norway (98.0 tons)
- France (42.2 tons)
- Netherlands (25.2 tons)
- Russia (15.9 tons)
- Finland (8.4 tons)
- United Kingdom (7.5 tons)
- Belgium (6.4 tons)
- Italy (4.5 tons)
- Canada (2.0 tons)
This report provides an in-depth analysis of the nickel market in Egypt.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Egypt.
This report provides an in-depth analysis of the nickel market in Egypt.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%