Nickel; Unwrought, Alloys Price in Oman - 2022
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Nickel; Unwrought, Alloys Price in Oman (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $5,645 per ton in 2022, shrinking by -21.1% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by 114%. The import price peaked at $43,299 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,174 per ton), while the price for the United Arab Emirates amounted to $600 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-27.3%).
Nickel; Unwrought, Alloys Imports in Oman
For the fourth consecutive year, Oman recorded growth in supplies from abroad of nickel; unwrought, alloyses, which increased by 9.6% to 172 kg in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, nickel; unwrought, alloys imports contracted to $971 in 2022. Overall, imports, however, recorded a deep reduction.
Import of Nickel; Unwrought, Alloys in Oman (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,432 | 1,244 | 1,089 | 947 | -12.9% |
United Arab Emirates | 76.0 | 52.0 | 35.0 | 24.0 | -31.9% |
Others | N/A | 6.0 | N/A | N/A | 0% |
Total | 1,508 | 1,302 | 1,124 | 971 | -13.6% |
Top Suppliers of Nickel; Unwrought, Alloys to Oman in 2022:
- United States (132.0 kg)
- United Arab Emirates (40.0 kg)
This report provides an in-depth analysis of the nickel market in Oman.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Oman.
This report provides an in-depth analysis of the nickel market in Oman.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%