Price for Nickel; Unwrought, Not Alloyed in Sri Lanka - 2021
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Sri Lanka (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Sri Lanka
Price for Nickel; Unwrought, Not Alloyed in Sri Lanka (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $22,512 per ton, surging by 5.2% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. The import price peaked at $26,675 per ton in 2015; however, from 2016 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 India ($1,262,000 per ton), while the price for Hong Kong SAR totaled $20,731 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+45.9%).
Imports of Nickel; Unwrought, Not Alloyed in Sri Lanka
In 2022, approx. 697 kg of nickel; unwrought, not alloyeds were imported into Sri Lanka; reducing by -33.7% compared with the previous year. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, imports reached the peak of 1.1 tons, and then shrank remarkably in the following year.
In value terms, nickel; unwrought, not alloyed imports reduced remarkably to $16K in 2022. In general, imports saw a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 153% against the previous year. As a result, imports attained the peak of $22K, and then fell remarkably in the following year.
| Import of Nickel; Unwrought, Not Alloyed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 8.4 | 20.9 | 14.4 | 30.9% |
| Singapore | 16.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.5 | 1.6 | 1.3 | 61.2% |
| Total | 16.9 | 8.9 | 22.5 | 15.7 | -2.4% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Sri Lanka in 2022:
- Hong Kong SAR (696.0 kg)
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This report provides an in-depth analysis of the nickel market in Sri Lanka.
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This report provides an in-depth analysis of the nickel market in Sri Lanka.
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This report provides an in-depth analysis of the nickel market in Sri Lanka.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
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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%
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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.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
845
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...
1011
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%
