Chlorides; of Nickel Price in Pakistan - 2023

Contents:

  1. Chlorides; of Nickel Price in Pakistan (CIF) - 2022
  2. Chlorides; of Nickel Imports in Pakistan

Chlorides; of Nickel Price in Pakistan (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $5,224 per ton, reducing by -15.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $6,209 per ton, and then declined significantly 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 Japan ($12,246 per ton), while the price for China ($3,556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Nickel Imports in Pakistan

In 2022, the amount of chlorides; of nickels imported into Pakistan shrank dramatically to 25 tons, waning by -26.1% against the previous year's figure. Overall, imports faced a abrupt slump. The smallest decline of -1.5% was in 2020.

In value terms, chlorides; of nickel imports contracted remarkably to $131K in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $211K, and then shrank significantly in the following year.

Import of Chlorides; of Nickel in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)51.272.110355.32.6%
France58.028.329.420.2-29.6%
South Korea43.06.735.018.8-24.1%
China13.826.819.67.0-20.2%
Japan11.68.74.86.0-19.7%
Others8.537.319.323.941.1%
Total186180211131-11.0%

Top Suppliers of Chlorides; of Nickel to Pakistan in 2022:

  1. Taiwan (Chinese) (11.7 tons)
  2. France (4.4 tons)
  3. South Korea (3.5 tons)
  4. China (2.0 tons)
  5. Japan (0.5 tons)

Source: IndexBox Market Intelligence Platform

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