Price for Nickel; Waste and Scrap in Ghana - 2022
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Price for Nickel; Waste and Scrap in Ghana (FOB) - 2022
In 2022, the average nickel; waste and scrap export price amounted to $7,985 per ton, increasing by 3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 87%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -5.3% per year.
Exports of Nickel; Waste and Scrap in Ghana
In 2022, shipments abroad of nickel; waste and scraps decreased by -84% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 173%.
In value terms, nickel; waste and scrap exports fell sharply to $11K in 2022. Over the period under review, exports showed a pronounced slump. The pace of growth was the most pronounced in 2020 when exports increased by 220% against the previous year.
Export of Nickel; Waste and Scrap in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 12.3 | 38.3 | 22.7 | 10.9 | -3.9% |
Italy | N/A | N/A | 43.9 | N/A | 0% |
Germany | N/A | 1.1 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.3 | 39.4 | 66.5 | 10.9 | -3.9% |
Top Export Markets for Nickel; Waste and Scrap from Ghana in 2022:
- Netherlands (1.4 tons)
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