Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Algeria - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Algeria (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Algeria

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Algeria (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $48,358 per ton, which is down by -16.6% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 38% against the previous year. Over the period under review, average import prices attained the peak figure at $58,005 per ton in 2021, and then fell dramatically in the following year.

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 Germany ($154,189 per ton), while the price for the Czech Republic ($30,192 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Algeria

In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Algeria contracted significantly to 869 kg, with a decrease of -36.1% on 2021. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 404% against the previous year. As a result, imports reached the peak of 1.4 tons, and then declined markedly in the following year.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses fell markedly to $42K in 2022. Over the period under review, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 424%. As a result, imports reached the peak of $79K, and then declined remarkably in the following year.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A4.72.819.2102.1%
Germany8.67.55.113.917.4%
FranceN/AN/A4.97.757.1%
SpainN/AN/AN/A1.30%
China14.1N/AN/AN/A0%
Slovenia24.9N/A66.0N/A62.8%
CanadaN/A2.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total47.615.178.942.0-4.1%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Algeria in 2022:

  1. Czech Republic (635.0 kg)
  2. France (119.0 kg)
  3. Germany (90.0 kg)
  4. Spain (25.0 kg)

Source: IndexBox Market Intelligence Platform

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