Price for Nickel; Wire, Not Alloyed in New Zealand - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in New Zealand (CIF) - 2022
- Imports of Nickel; Wire, Not Alloyed in New Zealand
Price for Nickel; Wire, Not Alloyed in New Zealand (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $1,537,730 per ton, surging by 90% against the previous year. Over the period under review, the import price recorded buoyant growth. The growth pace was the most rapid in 2021 an increase of 231%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,024,978 per ton), while the price for Australia stood at $1,606,639 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+1.2%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Wire, Not Alloyed in New Zealand
In 2022, purchases abroad of nickel; wire, not alloyeds decreased by -87.5% to 3 kg, falling for the second year in a row after two years of growth. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of 26 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; wire, not alloyed imports shrank significantly to $4.4K in 2022. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 197%. As a result, imports attained the peak of $19K, and then contracted markedly in the following year.
| Import of Nickel; Wire, Not Alloyed in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 0.2 | 2.5 | 1150.0% |
| United States | 0.5 | 1.0 | 1.0 | 1.8 | 53.3% |
| Switzerland | 0.5 | 1.1 | 1.0 | N/A | 41.4% |
| Netherlands | 3.5 | 3.2 | 2.3 | N/A | -18.9% |
| Others | 0.5 | 1.0 | 14.7 | 0.1 | -41.5% |
| Total | 5.0 | 6.4 | 19.2 | 4.4 | -4.2% |
Top Suppliers of Nickel; Wire, Not Alloyed to New Zealand in 2022:
- Australia (2.0 kg)
- United States (1.0 kg)
1540
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