Price for Nickel Oxides and Hydroxides in Sri Lanka - 2021

Contents:

  1. Price for Nickel Oxides and Hydroxides in Sri Lanka (CIF) - 2022
  2. Imports of Nickel Oxides and Hydroxides in Sri Lanka

Price for Nickel Oxides and Hydroxides in Sri Lanka (CIF) - 2022

In 2022, the average nickel oxides and hydroxides import price amounted to $7,086 per ton, reducing by -10.9% against the previous year. In general, the import price showed a deep reduction. The growth pace was the most rapid in 2019 when the average import price increased by 249% against the previous year. As a result, import price attained the peak level of $41,063 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -4.9% per year.

Imports of Nickel Oxides and Hydroxides in Sri Lanka

In 2022, the amount of nickel oxides and hydroxideses imported into Sri Lanka skyrocketed to 116 kg, with an increase of 66% against 2021 figures. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 716%. As a result, imports reached the peak of 645 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel oxides and hydroxides imports skyrocketed to $822 in 2022. In general, imports, however, continue to indicate a precipitous curtailment.

Import of Nickel Oxides and Hydroxides in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India48230558.082219.5%
Japan1,775N/A54.0N/A-82.6%
United Kingdom6.04,051444N/A760.2%
Others981N/A1.0N/A-96.8%
Total3,2444,356557822-36.7%

Top Suppliers of Nickel Oxides and Hydroxides to Sri Lanka in 2022:

  1. India (116.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel oxides and hydroxides - Sri Lanka