Price for Nickel; Wire, of Nickel Alloys in Sri Lanka - 2021
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Sri Lanka (CIF) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Sri Lanka
Price for Nickel; Wire, of Nickel Alloys in Sri Lanka (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $17,196 per ton, declining by -28.9% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 12%. Over the period under review, average import prices attained the peak figure at $35,786 per ton in 2014; however, from 2015 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 Germany ($71,715 per ton), while the price for China ($5,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Sri Lanka
In 2022, approx. 626 kg of nickel; wire, of nickel alloyses were imported into Sri Lanka; with a decrease of -18% against the previous year. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 671%. As a result, imports reached the peak of 763 kg, and then declined sharply in the following year.
In value terms, nickel; wire, of nickel alloys imports plummeted to $11K in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 503% against the previous year. As a result, imports reached the peak of $18K, and then fell notably in the following year.
| Import of Nickel; Wire, of Nickel Alloys in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | N/A | 6.1 | 4.9 | 265.9% |
| Sweden | 0.3 | 0.6 | 2.1 | 1.7 | 78.3% |
| Germany | 1.1 | 0.5 | 0.8 | 0.8 | -10.1% |
| Japan | 1.9 | 0.7 | 0.7 | 0.7 | -28.3% |
| Italy | 1.3 | 0.2 | 0.7 | 0.6 | -22.7% |
| United States | 2.3 | 0.4 | 0.2 | 0.6 | -36.1% |
| India | 0.2 | 0.2 | 0.7 | 0.5 | 35.7% |
| China | 0.7 | N/A | 0.6 | 0.5 | -10.6% |
| Others | 0.4 | 0.4 | 6.5 | 0.3 | -9.1% |
| Total | 8.3 | 3.1 | 18.5 | 10.8 | 9.2% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Sri Lanka in 2022:
- Singapore (383.0 kg)
- China (100.0 kg)
- Sweden (76.0 kg)
- Japan (20.0 kg)
- India (17.0 kg)
- Italy (15.0 kg)
- Germany (11.0 kg)
- United States (2.0 kg)
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