Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $40,778 per ton, jumping by 113% against the previous year. Overall, the import price enjoyed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($40,907 per ton) and Germany ($40,883 per ton), while the price for Italy ($40,833 per ton) and India ($40,882 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait (FOB) - 2022
In 2021, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $11,617 per ton, stabilizing at the previous year. Overall, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $26,624 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2014 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +19.6% per year.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait
For the third consecutive year, Kuwait recorded decline in purchases abroad of nickel; plates, sheets, strip and foil, of nickel alloyses, which decreased by -15.4% to 5.7 tons in 2022. In general, imports faced a sharp decline. The smallest decline of -1.5% was in 2021.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $233K in 2022. Over the period under review, imports saw a abrupt downturn.
| Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 44.9 | 20.7 | 8.0 | 137 | 45.0% |
| Germany | 45.2 | 13.9 | 5.3 | 64.5 | 12.6% |
| United States | 9.2 | 4.8 | 4.6 | 22.9 | 35.5% |
| Italy | 10.0 | 6.1 | 3.7 | 5.4 | -18.6% |
| China | 24.1 | 0.8 | 23.6 | 0.4 | -74.5% |
| Belgium | 48.3 | 39.3 | 31.9 | N/A | -18.7% |
| France | 29.6 | 24.3 | 19.8 | N/A | -18.2% |
| Japan | 33.3 | 27.7 | 6.8 | N/A | -54.8% |
| United Arab Emirates | 11.8 | 0.4 | 0.6 | N/A | -77.5% |
| Taiwan (Chinese) | 8.2 | 7.4 | 6.6 | N/A | -10.3% |
| Others | 23.8 | 15.0 | 18.6 | 2.6 | -52.2% |
| Total | 288 | 160 | 129 | 233 | -6.8% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Kuwait in 2022:
- India (3363.0 kg)
- Germany (1577.0 kg)
- United States (559.0 kg)
- Italy (132.0 kg)
- China (25.0 kg)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait
Exports of nickel; plates, sheets, strip and foil, of nickel alloyses from Kuwait was estimated at 2.2 tons in 2021, remaining stable against the previous year. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the near future.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses totaled $25K in 2021. Overall, exports saw a abrupt shrinkage. The smallest decline of 99.9% was in 2020.
| Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | N/A | N/A | 25.3 | 0% | |
| Germany | 11.0 | N/A | N/A | 0% | |
| Saudi Arabia | 21.8 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 32.7 | N/A | 25.3 | -12.0% | |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Kuwait in 2022:
- United States (2.2 tons)
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