Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Saudi Arabia - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Saudi Arabia (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Saudi Arabia
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Saudi Arabia (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $12,975 per ton in 2021, declining by -41% against the previous year. Overall, the import price faced a abrupt downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $43,808 per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($35,136 per ton), while the price for the Czech Republic ($7,330 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+2.9%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Saudi Arabia
In 2021, approx. 307 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into Saudi Arabia; with an increase of 116% against the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached 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 soared to $4M in 2021. Overall, imports, however, continue to indicate a deep slump.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| India | 643 | 478 | 1,362 | 45.5% |
| Germany | 1,391 | 760 | 625 | -33.0% |
| United States | 341 | 522 | 342 | 0.1% |
| Czech Republic | N/A | N/A | 306 | 0% |
| China | 1,795 | N/A | N/A | 0% |
| Switzerland | 1,067 | 408 | N/A | -61.8% |
| Others | 427 | 956 | 1,345 | 77.5% |
| Total | 5,665 | 3,124 | 3,981 | -16.2% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Saudi Arabia in 2022:
- Czech Republic (41.8 tons)
- India (39.0 tons)
- Germany (18.0 tons)
- United States (9.7 tons)
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