Price for Nickel; Bars, Rods, Profiles and Wire in Tanzania - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Tanzania (CIF) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Tanzania
Price for Nickel; Bars, Rods, Profiles and Wire in Tanzania (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $3,544 per ton in 2022, rising by 32% against the previous year. Overall, the import price enjoyed a notable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 232%. The import price peaked at $6,191 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,677 per ton), while the price for South Africa ($1,750 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 (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Bars, Rods, Profiles and Wire in Tanzania
In 2022, supplies from abroad of nickel; bars, rods, profiles and wires was finally on the rise to reach 2.8 tons after two years of decline. Overall, imports posted perceptible 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, profiles and wires surged to $9.8K in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | N/A | N/A | 5,525 | 0% |
| India | 975 | 339 | 954 | 1,463 | 14.5% |
| China | 489 | 241 | 457 | 1,129 | 32.2% |
| United Kingdom | 2,283 | 792 | 1,060 | 1,056 | -22.7% |
| United Arab Emirates | 278 | 137 | 263 | 513 | 22.7% |
| Kenya | 151 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 56.0 | N/A | N/A | 0% |
| Others | 416 | 63.0 | 98.0 | 160 | -27.3% |
| Total | 4,592 | 1,628 | 2,832 | 9,846 | 28.9% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Tanzania in 2022:
- Uganda (1536.0 kg)
- China (601.0 kg)
- India (263.0 kg)
- United Kingdom (186.0 kg)
- United Arab Emirates (159.0 kg)
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