Price for Nickel; Wire, Not Alloyed in Sri Lanka - 2021

Contents:

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

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

In 2022, the average nickel; wire, not alloyed import price amounted to $44,186 per ton, shrinking by -6.7% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, not alloyed import price increased by +1.7% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of 93% against the previous year. Over the period under review, average import prices attained the maximum at $47,368 per ton in 2021, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +5.7% per year.

Imports of Nickel; Wire, Not Alloyed in Sri Lanka

In 2022, after two years of decline, there was significant growth in purchases abroad of nickel; wire, not alloyeds, when their volume increased by 47% to 140 kg. Over the period under review, imports, however, continue to indicate a precipitous decrease.

In value terms, nickel; wire, not alloyed imports soared to $6.2K in 2022. Overall, imports, however, showed a sharp reduction.

Import of Nickel; Wire, Not Alloyed in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore12.97.94.56.2-21.7%
Others0.8N/AN/AN/A0%
Total13.87.94.56.2-23.4%

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

  1. Singapore (140.0 kg)

Source: IndexBox Market Intelligence Platform

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