Price for Nickel; Wire, Not Alloyed in Iran - 2021

Contents:

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

Price for Nickel; Wire, Not Alloyed in Iran (CIF) - 2022

The average nickel; wire, not alloyed import price stood at $23,363 per ton in 2022, shrinking by -11.3% against the previous year. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25%. The import price peaked at $34,609 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($50,502 per ton), while the price for China ($9,695 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.3%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Wire, Not Alloyed in Iran

In 2022, nickel; wire, not alloyed imports into Iran skyrocketed to 37 tons, with an increase of 117% against the previous year. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 217% against the previous year. As a result, imports reached the peak of 73 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; wire, not alloyed imports surged to $863K in 2022. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 218%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Nickel; Wire, Not Alloyed in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3041,16527462827.4%
Austria14132673.91645.2%
Germany36.983.818.740.83.4%
India20.328.17.219.1-2.0%
China5.419.70.36.03.6%
Others4.37.773.85.58.6%
Total5121,63044886319.0%

Top Suppliers of Nickel; Wire, Not Alloyed to Iran in 2022:

  1. Turkey (26.4 tons)
  2. Austria (8.1 tons)
  3. India (0.9 tons)
  4. Germany (0.8 tons)
  5. China (0.6 tons)

Source: IndexBox Market Intelligence Platform

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