Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kenya - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kenya (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kenya
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kenya (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $19,952 per ton in 2022, surging by 21% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, of nickel alloyses increased by +80.8% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of 40% against the previous year. As a result, import price attained the peak level of $20,331 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +6.3% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kenya
For the third year in a row, Kenya recorded decline in purchases abroad of nickel; bars, rods and profiles, of nickel alloyses, which decreased by -42.3% to 3.1 tons in 2022. In general, imports continue to indicate a sharp decline. The smallest decline of -7.8% was in 2020.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses fell notably to $61K in 2022. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 0.6% against the previous year. As a result, imports attained the peak of $92K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 70.0 | 81.2 | 72.3 | 61.4 | -4.3% |
| United Kingdom | 4.8 | 1.9 | 1.5 | N/A | -44.1% |
| Belgium | 9.2 | 3.7 | 2.8 | N/A | -44.8% |
| Others | 7.7 | 5.4 | 11.2 | N/A | 20.6% |
| Total | 91.6 | 92.2 | 87.9 | 61.4 | -12.5% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Kenya in 2022:
- India (3.1 tons)
1582
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...
902
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...
646
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...
