Price for Nickel; Plates, Sheets, Strip and Foil in Libya - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Libya (CIF) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Libya
Price for Nickel; Plates, Sheets, Strip and Foil in Libya (CIF) - 2022
The average import price for nickel; plates, sheets, strip and foils stood at $62,486 per ton in 2022, growing by 3.9% against the previous year. Overall, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 103% against the previous year. Over the period under review, average import prices reached the peak figure at $65,068 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Germany ($66,786 per ton), while the price for the UK totaled $38,354 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Plates, Sheets, Strip and Foil in Libya
In 2022, purchases abroad of nickel; plates, sheets, strip and foils decreased by -9.9% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,586%. As a result, imports reached the peak of 2.2 tons, and then shrank in the following year.
In value terms, imports of nickel; plates, sheets, strip and foils dropped to $126K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,459% against the previous year. As a result, imports reached the peak of $135K, and then fell in the following year.
Import of Nickel; Plates, Sheets, Strip and Foil in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.1 | 2.2 | 116 | 107 | 922.8% |
United Kingdom | 2.5 | 5.9 | 17.4 | 15.8 | 84.9% |
Others | 0.3 | 0.5 | 1.8 | 3.7 | 131.0% |
Total | 2.9 | 8.7 | 135 | 126 | 251.6% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Libya in 2022:
- Germany (1597.0 kg)
- United Kingdom (413.0 kg)
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