Chlorides; of Nickel Price in Kuwait - 2022
Contents:
Chlorides; of Nickel Price in Kuwait (CIF) - 2022
In 2022, the average chlorides; of nickel import price amounted to $7,300 per ton, rising by 2.2% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 34%. As a result, import price attained the peak level of $7,833 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 China ($12,275 per ton), while the price for India amounted to $7,067 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%).
Chlorides; of Nickel Imports in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of chlorides; of nickels, when their volume decreased by -20% to 40 kg. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 158%.
In value terms, chlorides; of nickel imports reduced remarkably to $292 in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 140%.
| Import of Chlorides; of Nickel in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 87.0 | 209 | 330 | 270 | 45.9% |
| China | 7.0 | 17.0 | 27.0 | 22.0 | 46.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 94.0 | 226 | 357 | 292 | 45.9% |
Top Suppliers of Chlorides; of Nickel to Kuwait in 2022:
- India (38.0 kg)
- China (2.0 kg)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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