Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ghana - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ghana (CIF) - 2022
  2. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ghana

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ghana (CIF) - 2022

In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $25,491 per ton, standing approx. at the previous year. Over the period under review, the import price posted a modest expansion. The most prominent rate of growth was recorded in 2014 an increase of 504%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($75,181 per ton), while the price for the UK ($7,210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ghana

In 2022, overseas purchases of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by 0% to 2.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate tangible growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $70K in 2022. Overall, imports continue to indicate a prominent expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.1N/AN/A30.740.4%
United States25.5N/AN/A16.3-13.9%
India0.3N/AN/A7.8196.2%
Germany1.7N/AN/A7.060.3%
United Kingdom19.6N/AN/A6.7-30.1%
South Africa0.6N/AN/A0.60.0%
OthersN/AN/AN/A0.50%
Total58.9N/AN/A69.65.7%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Ghana in 2022:

  1. United Kingdom (936.0 kg)
  2. Germany (824.0 kg)
  3. Netherlands (409.0 kg)
  4. United States (389.0 kg)
  5. India (109.0 kg)
  6. South Africa (64.0 kg)

Source: IndexBox Market Intelligence Platform

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