Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Angola - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Angola (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Angola

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Angola (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $24,400 per ton, with an increase of 164% against the previous year. In general, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 379% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($48,429 per ton), while the price for Namibia ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+21.3%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Angola

In 2022, purchases abroad of nickel; bars, rods and profiles, not alloyeds was finally on the rise to reach 30 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a significant curtailment.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $732 in 2022. Over the period under review, imports, however, showed a abrupt curtailment.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa75826932.0678-3.6%
Portugal14939.03.053.0-29.1%
Namibia4.01.01.01.0-37.0%
OthersN/AN/A1.0N/A0%
Total91130937.0732-7.0%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Angola in 2022:

  1. Portugal (15.0 kg)
  2. South Africa (14.0 kg)
  3. Namibia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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