Price for Nickel; Plates, Sheets, Strip and Foil in Bahrain - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Bahrain (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil in Bahrain (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Bahrain
- Exports of Nickel; Plates, Sheets, Strip and Foil in Bahrain
Price for Nickel; Plates, Sheets, Strip and Foil in Bahrain (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foils amounted to $23,699 per ton, reducing by -24.3% against the previous year. Overall, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 an increase of 45% against the previous year. The import price peaked at $37,713 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($30,182 per ton), while the price for China ($4,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Plates, Sheets, Strip and Foil in Bahrain (FOB) - 2022
In 2022, the average export price for nickel; plates, sheets, strip and foils amounted to $20,579 per ton, shrinking by -9.9% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nickel; plates, sheets, strip and foils decreased by -13.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 78%. As a result, the export price reached the peak level of $31,356 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($28,510 per ton), while the average price for exports to Saudi Arabia ($9,884 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+41.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Plates, Sheets, Strip and Foil in Bahrain
In 2022, approx. 38 tons of nickel; plates, sheets, strip and foils were imported into Bahrain; jumping by 576% compared with the previous year. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foils skyrocketed to $904K in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Plates, Sheets, Strip and Foil in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 156 | 98.3 | 39.8 | 403 | 37.2% |
| United States | 9.6 | 22.5 | 31.9 | 224 | 185.8% |
| Sweden | 42.4 | 52.9 | 65.4 | 149 | 52.0% |
| Japan | 6.7 | 18.2 | 10.3 | 41.0 | 82.9% |
| United Kingdom | 1.9 | 22.6 | 9.5 | 29.0 | 148.1% |
| Saudi Arabia | 5.5 | 9.7 | 8.3 | 27.9 | 71.8% |
| Others | 20.4 | 25.9 | 11.7 | 31.0 | 15.0% |
| Total | 242 | 250 | 177 | 904 | 55.2% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Bahrain in 2022:
- Germany (13.3 tons)
- Sweden (8.9 tons)
- United States (8.7 tons)
- Saudi Arabia (2.9 tons)
- Japan (1.8 tons)
- United Kingdom (1.7 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil in Bahrain
In 2022, the amount of nickel; plates, sheets, strip and foils exported from Bahrain soared to 27 tons, increasing by 176% on the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 468%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of nickel; plates, sheets, strip and foils soared to $546K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 446% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Nickel; Plates, Sheets, Strip and Foil in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.7 | 11.0 | 87.5 | 484 | 463.8% |
| Saudi Arabia | 7.8 | 7.0 | 103 | 21.8 | 40.9% |
| India | 21.0 | 20.1 | 19.4 | 16.6 | -7.5% |
| Oman | N/A | 2.1 | 2.6 | 11.5 | 134.0% |
| Others | N/A | N/A | 7.0 | 12.0 | 71.4% |
| Total | 31.5 | 40.2 | 220 | 546 | 158.8% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Bahrain in 2022:
- United Arab Emirates (23.1 tons)
- Saudi Arabia (2.2 tons)
- India (0.6 tons)
- Oman (0.4 tons)
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