Sulphates; of Nickel Price in Morocco - 2022
Contents:
Sulphates; of Nickel Price in Morocco (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $6,967 per ton, surging by 37% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of nickel import price increased by +134.6% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($58,352 per ton), while the price for Germany ($5,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Nickel Imports in Morocco
In 2022, approx. 11 tons of sulphates; of nickels were imported into Morocco; standing approx. at 2021. In general, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 8.1%.
In value terms, sulphates; of nickel imports skyrocketed to $74K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.5 | 0.1 | 15.1 | 30.1 | 291.9% |
| Austria | 30.2 | 20.1 | 20.7 | 27.8 | -2.7% |
| Germany | 13.0 | 12.4 | 17.9 | 16.2 | 7.6% |
| Finland | 15.6 | 11.0 | N/A | N/A | -29.5% |
| Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Total | 59.4 | 43.7 | 53.8 | 74.4 | 7.8% |
Top Suppliers of Sulphates; of Nickel to Morocco in 2022:
- Belgium (3.8 tons)
- Austria (3.7 tons)
- Germany (3.1 tons)
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