Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Myanmar - 2023

Contents:

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

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

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $61,330 per ton, standing approx. at the previous year. Over the period under review, the import price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 366% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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

From 2018 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

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

In 2022, overseas purchases of nickel; bars, rods and profiles, of nickel alloyses decreased by 0% to 100 kg, falling for the second year in a row after two years of growth. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 40,400%. As a result, imports reached the peak of 405 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses amounted to $6.1K in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 188,475%. As a result, imports reached the peak of $7.5K. 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 Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A6.10%
SingaporeN/AN/AN/AN/A0%
ChinaN/A0.1N/AN/A0%
OthersN/A7.5N/AN/A0%
TotalN/A7.5N/A6.1-9.8%

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

  1. Germany (100.0 kg)

Source: IndexBox Market Intelligence Platform

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