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

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda
  4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda

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

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $697 per ton, shrinking by -21.7% against the previous year. Overall, the import price showed a sharp descent. The growth pace was the most rapid in 2014 an increase of 91% against the previous year. The import price peaked at $12,375 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -18.8% per year.

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

The average export price for nickel; bars, rods and profiles, not alloyeds stood at $8,742 per ton in 2022, surging by 12% against the previous year. In general, the export price saw a significant increase. The growth pace was the most rapid in 2013 an increase of 80% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +20.4% per year.

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

In 2022, overseas purchases of nickel; bars, rods and profiles, not alloyeds decreased by -18.8% to 1.1 tons, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 7.9% against the previous year. As a result, imports reached the peak of 2.6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds shrank sharply to $775 in 2022. Over the period under review, imports recorded a significant curtailment.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.42.31.10.720.5%
China4.3N/AN/AN/A0%
Others0.61.00.2N/A-42.3%
Total5.33.31.20.8-46.8%

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

  1. United Arab Emirates (1111.0 kg)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda

Exports of nickel; bars, rods and profiles, not alloyeds from Uganda contracted to 66 kg in 2022, dropping by -12% against the previous year's figure. Over the period under review, exports saw a sharp curtailment. The smallest decline of -10.7% was in 2021.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds declined to $577 in 2022. Overall, exports saw a mild downturn. The smallest decline of -1.2% was in 2020.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda5315915845772.8%
South Sudan67.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total598591584577-1.2%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Uganda in 2022:

  1. Rwanda (66.0 kg)

Source: IndexBox Market Intelligence Platform

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