Sulphates; of Nickel Price in Oman - 2021

Contents:

  1. Sulphates; of Nickel Price in Oman (CIF) - 2022
  2. Sulphates; of Nickel Imports in Oman

Sulphates; of Nickel Price in Oman (CIF) - 2022

In 2022, the average sulphates; of nickel import price amounted to $5,461 per ton, dropping by -36.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 243% against the previous year. Over the period under review, average import prices reached the maximum at $8,560 per ton in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($13,806 per ton), while the price for the United Arab Emirates ($120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.4%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Nickel Imports in Oman

After two years of decline, overseas purchases of sulphates; of nickels increased by 63% to 13 kg in 2022. In general, imports, however, showed a abrupt slump.

In value terms, sulphates; of nickel imports expanded remarkably to $71 in 2022. Overall, imports, however, saw a noticeable reduction.

Import of Sulphates; of Nickel in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore76.073.065.065.0-5.1%
United Kingdom1.01.01.01.00.0%
United Arab EmiratesN/AN/AN/AN/A0%
Others2.01.01.05.035.7%
Total79.075.067.071.0-3.5%

Top Suppliers of Sulphates; of Nickel to Oman in 2022:

  1. Singapore (5.0 kg)
  2. United Kingdom (1.0 kg)
  3. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform

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