Price for Nickel; Wire, Not Alloyed in Egypt - 2022
Contents:
- Price for Nickel; Wire, Not Alloyed in Egypt (CIF) - 2022
- Imports of Nickel; Wire, Not Alloyed in Egypt
Price for Nickel; Wire, Not Alloyed in Egypt (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $37,784 per ton in 2022, declining by -14.7% against the previous year. Overall, the import price saw a slight slump. The pace of growth was the most pronounced in 2018 an increase of 32%. The import price peaked at $51,889 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 ($45,658 per ton), while the price for the UK ($25,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+41.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Wire, Not Alloyed in Egypt
In 2022, the amount of nickel; wire, not alloyeds imported into Egypt skyrocketed to 978 kg, growing by 2,026% on 2021 figures. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 10,900%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, nickel; wire, not alloyed imports surged to $37K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 209,440%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Nickel; Wire, Not Alloyed in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 20.7 | 1.4 | 25.4 | 10.8% |
| India | N/A | 6.4 | 0.4 | 8.8 | 17.3% |
| United Kingdom | N/A | 3.2 | 0.2 | 2.2 | -17.1% |
| Others | N/A | 1.1 | 0.1 | 0.5 | -32.6% |
| Total | N/A | 31.4 | 2.0 | 36.9 | 8.4% |
Top Suppliers of Nickel; Wire, Not Alloyed to Egypt in 2022:
- France (689.0 kg)
- India (193.0 kg)
- United Kingdom (85.0 kg)
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