Price for Nickel; Wire, Not Alloyed in Jordan - 2022
Contents:
- Price for Nickel; Wire, Not Alloyed in Jordan (CIF) - 2022
- Imports of Nickel; Wire, Not Alloyed in Jordan
Price for Nickel; Wire, Not Alloyed in Jordan (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $39,643 per ton in 2022, with an increase of 39% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2019 an increase of 158%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($41,981 per ton), while the price for the United Arab Emirates amounted to $32,353 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%).
Imports of Nickel; Wire, Not Alloyed in Jordan
In 2022, purchases abroad of nickel; wire, not alloyeds decreased by -70.3% to 70 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. As a result, imports reached the peak of 538 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; wire, not alloyed imports declined rapidly to $2.8K in 2022. Overall, imports saw a precipitous decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nickel; Wire, Not Alloyed in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.5 | 12.6 | 3.9 | 2.2 | -33.6% |
| United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
| United States | N/A | N/A | 2.8 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 7.5 | 12.6 | 6.7 | 2.8 | -28.0% |
Top Suppliers of Nickel; Wire, Not Alloyed to Jordan in 2022:
- Germany (53.0 kg)
- United Arab Emirates (17.0 kg)
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