Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ethiopia - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ethiopia (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ethiopia
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ethiopia (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $34,000 per ton, declining by -16.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 78% against the previous year. Over the period under review, average import prices attained the peak figure at $62,846 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($45,400 per ton), while the price for China totaled $5,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.7%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ethiopia
In 2022, imports of nickel; bars, rods and profiles, of nickel alloyses into Ethiopia skyrocketed to 7 kg, picking up by 40% compared with the year before. Overall, imports posted significant growth. 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, of nickel alloyses skyrocketed to $238 in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 123 | 107 | 145 | 227 | 22.7% |
| China | N/A | N/A | N/A | 11.0 | 0% |
| India | 28.0 | 29.0 | 58.0 | N/A | 43.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 151 | 136 | 203 | 238 | 16.4% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Ethiopia in 2022:
- Germany (5.0 kg)
- China (2.0 kg)
1583
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
1697
In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
903
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
648
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...
