Price for Nickel Oxides and Hydroxides in the United Arab Emirates - 2021
Contents:
- Price for Nickel Oxides and Hydroxides in the United Arab Emirates (CIF) - 2022
- Imports of Nickel Oxides and Hydroxides in the United Arab Emirates
Price for Nickel Oxides and Hydroxides in the United Arab Emirates (CIF) - 2022
The average nickel oxides and hydroxides import price stood at $17,569 per ton in 2022, with an increase of 3.7% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel oxides and hydroxides import price decreased by -10.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. Over the period under review, average import prices reached the peak figure at $19,551 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($29,000 per ton), while the price for France ($17,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel Oxides and Hydroxides in the United Arab Emirates
Nickel oxides and hydroxides imports into the United Arab Emirates plummeted to 620 kg in 2022, which is down by -33.6% against the previous year's figure. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 206%. As a result, imports attained the peak of 934 kg, and then fell rapidly in the following year.
In value terms, nickel oxides and hydroxides imports declined rapidly to $11K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 165% against the previous year. As a result, imports attained the peak of $16K, and then dropped dramatically in the following year.
| Import of Nickel Oxides and Hydroxides in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.8 | 5.3 | 15.6 | 10.8 | 23.0% |
| Others | 0.3 | 0.6 | 0.2 | 0.1 | -30.7% |
| Total | 6.1 | 6.0 | 15.8 | 10.9 | 21.3% |
Top Suppliers of Nickel Oxides and Hydroxides to the United Arab Emirates in 2022:
- India (615.0 kg)
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