Price for Nickel; Bars, Rods, Profiles and Wire in Iraq - 2022
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Iraq (CIF) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Iraq
Price for Nickel; Bars, Rods, Profiles and Wire in Iraq (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $20,153 per ton in 2022, falling by -37% against the previous year. In general, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $109,268 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 Germany ($80,053 per ton), while the price for Iran ($5,670 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.8%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Bars, Rods, Profiles and Wire in Iraq
In 2022, the amount of nickel; bars, rods, profiles and wires imported into Iraq surged to 10 tons, picking up by 23% on the year before. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years.
In value terms, imports of nickel; bars, rods, profiles and wires reduced sharply to $207K in 2022. In general, imports, however, faced a precipitous slump. The smallest decline of -3.5% was in 2020.
| Import of Nickel; Bars, Rods, Profiles and Wire in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 162 | 274 | 149 | 130 | -7.1% |
| Iran | 7.5 | 10.6 | 35.1 | 29.8 | 58.4% |
| Germany | 181 | 53.2 | 52.7 | 24.1 | -48.9% |
| Turkey | 4.7 | 3.3 | 3.0 | 8.2 | 20.4% |
| United Kingdom | 31.3 | 29.7 | 13.2 | 4.7 | -46.8% |
| China | 9.3 | 6.1 | 5.2 | 2.9 | -32.2% |
| Others | 10.9 | 14.9 | 8.6 | 7.5 | -11.7% |
| Total | 406 | 392 | 266 | 207 | -20.1% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Iraq in 2022:
- Iran (5.3 tons)
- United Arab Emirates (3.5 tons)
- Turkey (0.8 tons)
- Germany (0.3 tons)
- United Kingdom (0.2 tons)
- China (0.1 tons)
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