Price for Nickel Oxides and Hydroxides in Morocco - 2022
Contents:
- Price for Nickel Oxides and Hydroxides in Morocco (FOB) - 2022
- Price for Nickel Oxides and Hydroxides in Morocco (CIF) - 2022
- Exports of Nickel Oxides and Hydroxides in Morocco
- Imports of Nickel Oxides and Hydroxides in Morocco
Price for Nickel Oxides and Hydroxides in Morocco (FOB) - 2022
In 2022, the average nickel oxides and hydroxides export price amounted to $11,335 per ton, falling by -10.3% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $12,637 per ton in 2021, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +8.4% per year.
Price for Nickel Oxides and Hydroxides in Morocco (CIF) - 2022
The average nickel oxides and hydroxides import price stood at $26,438 per ton in 2022, surging by 34% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2016 an increase of 119%. As a result, import price reached the peak level of $47,727 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +49.0% per year.
Exports of Nickel Oxides and Hydroxides in Morocco
In 2022, overseas shipments of nickel oxides and hydroxideses increased by 146% to 5.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp descent.
In value terms, nickel oxides and hydroxides exports skyrocketed to $63K in 2022. Overall, exports, however, recorded a significant curtailment.
Export of Nickel Oxides and Hydroxides in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 182 | 98.2 | 27.6 | 63.5 | -29.6% |
Thailand | N/A | N/A | 1.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 182 | 98.2 | 28.7 | 63.5 | -29.6% |
Top Export Markets for Nickel Oxides and Hydroxides from Morocco in 2022:
- Brazil (5.6 tons)
Imports of Nickel Oxides and Hydroxides in Morocco
In 2022, overseas purchases of nickel oxides and hydroxideses were finally on the rise to reach 32 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel oxides and hydroxides imports skyrocketed to $846 in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Nickel Oxides and Hydroxides in Morocco (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.0 | 11.0 | 38.0 | 846 | 372.9% |
Spain | 246 | 94.0 | 113 | N/A | -32.2% |
Germany | 11.0 | 22.0 | 12.0 | N/A | 4.4% |
United States | 65.0 | 87.0 | 38.0 | N/A | -23.5% |
France | 21.0 | 20.0 | 6.0 | N/A | -46.5% |
India | 13.0 | 19.0 | 10.0 | N/A | -12.3% |
Italy | 71.0 | 85.0 | 33.0 | N/A | -31.8% |
Others | 21.0 | 18.0 | 6.0 | N/A | -46.5% |
Total | 456 | 356 | 256 | 846 | 22.9% |
Top Suppliers of Nickel Oxides and Hydroxides to Morocco in 2022:
- China (32.0 kg)
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