Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Pakistan - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Pakistan (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Pakistan
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Pakistan (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $15,867 per ton in 2022, dropping by -45.9% against the previous year. In general, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2020 an increase of 158%. Over the period under review, average import prices reached the maximum at $29,344 per ton in 2021, and then fell dramatically in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($16,278 per ton), while the price for China amounted to $15,670 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+16.7%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Pakistan
After two years of decline, purchases abroad of nickel; bars, rods and profiles, not alloyeds increased by 176% to 6.2 tons in 2022. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $98K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 51.3 | 2.2 | 65.3 | 12.8% |
| Canada | 50.6 | N/A | 40.4 | 32.6 | -13.6% |
| Japan | N/A | N/A | 22.9 | N/A | 0% |
| Others | N/A | 9.7 | N/A | N/A | 0% |
| Total | 50.6 | 61.0 | 65.5 | 97.9 | 24.6% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Pakistan in 2022:
- China (4.2 tons)
- Canada (2.0 tons)
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