Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ghana - 2022

Contents:

  1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ghana (CIF) - 2022
  2. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ghana

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ghana (CIF) - 2022

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $8,124 per ton in 2022, leveling off at the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 14% against the previous year. Over the period under review, average import prices attained the peak figure at $13,847 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.2% per year.

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ghana

Imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies into Ghana skyrocketed to 1.4 tons in 2022, jumping by 20% against the previous year. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $11K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.67.99.411.219.3%
OthersN/AN/AN/AN/A0%
Total6.67.99.411.219.3%

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Ghana in 2022:

  1. United States (1.4 tons)

Source: IndexBox Market Intelligence Platform

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