Chlorides; of Nickel Price in Iran - 2021
Contents:
Chlorides; of Nickel Price in Iran (CIF) - 2022
The average chlorides; of nickel import price stood at $7,708 per ton in 2022, surging by 29% against the previous year. Over the period under review, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2021 an increase of 44%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($11,869 per ton), while the price for Germany ($3,779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Nickel Imports in Iran
After three years of growth, supplies from abroad of chlorides; of nickels decreased by -4.1% to 63 tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of 65 tons, and then contracted modestly in the following year.
In value terms, chlorides; of nickel imports soared to $482K in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Chlorides; of Nickel in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 60.4 | 111 | 313 | 350 | 79.6% |
| India | 10.4 | 26.0 | 38.4 | 34.6 | 49.3% |
| Italy | 2.8 | 4.0 | 5.8 | 25.7 | 109.4% |
| United Arab Emirates | 16.3 | 13.1 | 5.9 | 13.5 | -6.1% |
| Germany | 9.9 | 7.7 | 3.1 | 8.0 | -6.9% |
| Others | 26.4 | 25.2 | 23.7 | 50.0 | 23.7% |
| Total | 126 | 187 | 390 | 482 | 56.4% |
Top Suppliers of Chlorides; of Nickel to Iran in 2022:
- Turkey (44.4 tons)
- Italy (4.2 tons)
- India (4.2 tons)
- United Arab Emirates (2.5 tons)
- Germany (2.1 tons)
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