Nickel; Unwrought, Alloys Price in the United Arab Emirates - 2021
Contents:
- Nickel; Unwrought, Alloys Price in the United Arab Emirates (CIF) - 2022
- Nickel; Unwrought, Alloys Price in the United Arab Emirates (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in the United Arab Emirates
- Nickel; Unwrought, Alloys Exports in the United Arab Emirates
Nickel; Unwrought, Alloys Price in the United Arab Emirates (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $29,449 per ton in 2022, growing by 150% against the previous year. In general, the import price recorded pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the UK ($43,448 per ton), while the price for Germany ($19,949 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-1.2%), while the prices for the other major suppliers experienced a decline.
Nickel; Unwrought, Alloys Price in the United Arab Emirates (FOB) - 2022
The average nickel; unwrought, alloys export price stood at $6,989 per ton in 2022, reducing by -70.1% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118%. Over the period under review, the average export prices attained the peak figure at $34,777 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($43,915 per ton), while the average price for exports to the Czech Republic ($3,094 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+20.2%), while the prices for the other major destinations experienced a decline.
Nickel; Unwrought, Alloys Imports in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in overseas purchases of nickel; unwrought, alloyses, when their volume decreased by -98.7% to 8.6 tons. Overall, imports faced a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 174% against the previous year.
In value terms, nickel; unwrought, alloys imports reduced dramatically to $254K in 2022. In general, imports showed a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 109% against the previous year.
| Import of Nickel; Unwrought, Alloys in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 68.8 | 34.0 | 36.9 | 148 | 29.1% |
| United Kingdom | 4.9 | 12.4 | 33.2 | 86.2 | 160.1% |
| Germany | 1.7 | 15.0 | 0.2 | 14.9 | 106.2% |
| Switzerland | 241 | 233 | 106 | N/A | -33.7% |
| Malaysia | N/A | 5,608 | N/A | N/A | 0% |
| South Africa | 2,474 | 406 | 788 | N/A | -43.6% |
| Singapore | 123 | N/A | 6,536 | N/A | 629.0% |
| Others | 166 | 137 | 65.8 | 4.7 | -69.5% |
| Total | 3,078 | 6,446 | 7,566 | 254 | -56.5% |
Top Suppliers of Nickel; Unwrought, Alloys to the United Arab Emirates in 2022:
- United States (5.8 tons)
- United Kingdom (2.0 tons)
- Germany (0.7 tons)
Nickel; Unwrought, Alloys Exports in the United Arab Emirates
After three years of growth, overseas shipments of nickel; unwrought, alloyses decreased by -75.2% to 27 tons in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 362% against the previous year. As a result, the exports reached the peak of 107 tons, and then plummeted in the following year.
In value terms, nickel; unwrought, alloys exports reduced rapidly to $186K in 2022. Overall, exports recorded a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 211%. As a result, the exports attained the peak of $2.5M, and then fell remarkably in the following year.
| Export of Nickel; Unwrought, Alloys in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 7.2 | 5.7 | 63.2 | 87.2 | 129.6% |
| Czech Republic | N/A | N/A | N/A | 73.0 | 0% |
| Saudi Arabia | N/A | 28.7 | N/A | 25.7 | -5.4% |
| United Kingdom | 92.7 | 34.5 | 70.8 | N/A | -12.6% |
| India | 264 | 730 | 2,357 | N/A | 198.8% |
| Others | 83.2 | 8.0 | 15.7 | N/A | -56.6% |
| Total | 447 | 807 | 2,507 | 186 | -25.3% |
Top Export Markets for Nickel; Unwrought, Alloys from the United Arab Emirates in 2022:
- Czech Republic (23.6 tons)
- Pakistan (2.0 tons)
- Saudi Arabia (1.0 tons)
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This report provides an in-depth analysis of the nickel market in the United Arab Emirates.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in the United Arab Emirates.
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This report provides an in-depth analysis of the nickel market in the United Arab Emirates.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
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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...
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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%
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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
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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.
341
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1233
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...
906
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...
1030
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%
