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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $24,563 per ton in 2022, rising by 23% against the previous year. In general, the import price continues to indicate measured growth. The pace of growth appeared the most rapid in 2017 an increase of 114%. As a result, import price reached the peak level of $48,357 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Switzerland ($142,250 per ton), while the price for India ($18,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 80 kg of nickel; bars, rods and profiles, of nickel alloyses were imported into Uganda; growing by 1,900% against 2021 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,733%. As a result, imports attained the peak of 85 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses soared to $2K in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 3,055%. As a result, imports attained the peak of $3K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.041422.01,341430.1%
Switzerland72.02,32153.056999.2%
India14.02625.055.057.8%
OthersN/AN/AN/AN/A0%
Total95.02,99780.01,965174.5%

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

  1. Germany (73.0 kg)
  2. Switzerland (4.0 kg)
  3. India (3.0 kg)

Source: IndexBox Market Intelligence Platform

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