Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Iraq - 2022

Contents:

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

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

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $54,037 per ton in 2022, surging by 14% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($78,467 per ton), while the price for Turkey ($12,727 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 (+16.2%), 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 Iraq

In 2022, supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses increased by 3.6% to 455 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced reduction.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $25K in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, of Nickel Alloys in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.03.92.811.933.5%
United States0.40.40.46.5153.3%
Germany8.38.10.86.1-9.8%
TurkeyN/AN/AN/A0.10%
France2.1N/AN/AN/A0%
Czech RepublicN/AN/A16.8N/A0%
Netherlands1.76.8N/AN/A300.0%
OthersN/AN/AN/AN/A0%
Total17.619.220.824.611.8%

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

  1. United States (180.0 kg)
  2. United Arab Emirates (152.0 kg)
  3. Germany (112.0 kg)
  4. Turkey (11.0 kg)

Source: IndexBox Market Intelligence Platform

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