Price for Nickel; Wire, of Nickel Alloys in Egypt - 2023

Contents:

1. Price for Nickel; Wire, of Nickel Alloys in Egypt (CIF) - 2022
2. Price for Nickel; Wire, of Nickel Alloys in Egypt (FOB) - 2022
3. Imports of Nickel; Wire, of Nickel Alloys in Egypt
4. Exports of Nickel; Wire, of Nickel Alloys in Egypt

Price for Nickel; Wire, of Nickel Alloys in Egypt (CIF) - 2022

In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $39,057 per ton, dropping by -5.3% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, of nickel alloys import price increased by +121.8% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 134%. The import price peaked at $52,004 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($424,079 per ton), while the price for Taiwan (Chinese) ($4,125 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Wire, of Nickel Alloys in Egypt (FOB) - 2022

In 2020, the average export price for nickel; wire, of nickel alloyses amounted to $30,429 per ton, with a decrease of -30.8% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $44,000 per ton in 2019, and then shrank sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2013 to 2020, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.

Imports of Nickel; Wire, of Nickel Alloys in Egypt

In 2022, purchases abroad of nickel; wire, of nickel alloyses decreased by -15.9% to 15 tons, falling for the second consecutive year after two years of growth. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 183% against the previous year. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; wire, of nickel alloys imports contracted remarkably to $570K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 70%.

Top Suppliers of Nickel; Wire, of Nickel Alloys to Egypt in 2022:

1. Taiwan (Chinese) (4.4 tons)
2. France (4.1 tons)
3. India (1.3 tons)
4. Russia (1.2 tons)
5. United States (1.0 tons)
6. Switzerland (0.7 tons)
7. Netherlands (0.5 tons)

Exports of Nickel; Wire, of Nickel Alloys in Egypt

Nickel; wire, of nickel alloys exports from Egypt soared to 7 kg in 2020, increasing by 600% on 2019. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; wire, of nickel alloys exports surged to $213 in 2020. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Wire, of Nickel Alloys from Egypt in 2022:

1. Denmark (7.0 kg)

Source: IndexBox Market Intelligence Platform