Price for Nickel; Wire, of Nickel Alloys in Oman - 2021

Contents:

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

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

In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $31,712 per ton, approximately equating the previous year. In general, the import price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 36%. Over the period under review, average import prices attained the peak figure at $51,164 per ton in 2013; however, from 2014 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 Switzerland ($45,315 per ton), while the price for Sweden ($17,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for nickel; wire, of nickel alloyses stood at $25,981 per ton in 2022, growing by 4.4% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $31,880 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -1.9% per year.

Imports of Nickel; Wire, of Nickel Alloys in Oman

Nickel; wire, of nickel alloys imports into Oman reduced modestly to 35 tons in 2022, stabilizing at the previous year. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2% against the previous year.

In value terms, nickel; wire, of nickel alloys imports stood at $1.1M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern.

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

1. United Arab Emirates (13.6 tons)
2. China (10.4 tons)
3. Switzerland (3.0 tons)
4. Qatar (2.6 tons)
5. United States (2.4 tons)
6. Sweden (1.1 tons)
7. Luxembourg (1.0 tons)

Exports of Nickel; Wire, of Nickel Alloys in Oman

After two years of decline, shipments abroad of nickel; wire, of nickel alloyses increased by 1% to 316 kg in 2022. Over the period under review, exports, however, continue to indicate a slight decline.

In value terms, nickel; wire, of nickel alloys exports stood at $8.2K in 2022. In general, exports, however, continue to indicate a abrupt decline.

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

1. United Arab Emirates (316.0 kg)

Source: IndexBox Market Intelligence Platform