Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates - 2022

Contents:

1. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates (FOB) - 2022
2. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates (CIF) - 2022
3. Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates
4. Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates

Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $4,958 per ton, surging by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices hit record highs at $35,819 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($27,861 per ton), while the average price for exports to Saudi Arabia stood at $4,834 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-6.4%).

Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates (CIF) - 2022

The average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $48,438 per ton in 2022, surging by 13% against the previous year. Overall, the import price recorded strong growth. The growth pace was the most rapid in 2013 when the average import price increased by 166%. The import price peaked at $52,875 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($99,000 per ton), while the price for the United States ($13,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.8%), while the prices for the other major suppliers experienced a decline.

Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates

After three years of growth, shipments abroad of nickel; oxide sinters and other intermediate products of nickel metallurgies decreased by -53.2% to 80 tons in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 683% against the previous year.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies contracted sharply to $397K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 296%.

Top Export Markets for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from the United Arab Emirates in 2022:

1. Saudi Arabia (79.6 tons)

Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in overseas purchases of nickel; oxide sinters and other intermediate products of nickel metallurgies, which decreased by -15.8% to 48 kg in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies dropped to $2.3K in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -5.2% was in 2021.

Top Suppliers of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to the United Arab Emirates in 2022:

1. United Kingdom (46.0 kg)
2. United States (1.0 kg)
3. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform