Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $17,405 per ton, dropping by -22.2% against the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 95% against the previous year. Over the period under review, average import prices attained the maximum at $28,946 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 the United Arab Emirates ($26,333 per ton), while the price for the United States ($14,789 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.6%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $2,546 per ton in 2022, approximately mirroring the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Sri Lanka.
From 2020 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan
In 2022, imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Pakistan soared to 12 tons, with an increase of 81% compared with 2021 figures. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 424%. As a result, imports attained the peak of 49 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses surged to $215K in 2022. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 561% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.7 | 1,201 | 58.0 | 170 | 71.5% |
| United States | 21.4 | N/A | 2.0 | 14.8 | -11.6% |
| United Kingdom | 27.9 | N/A | N/A | 3.7 | -49.0% |
| United Arab Emirates | 22.0 | N/A | 62.0 | 0.1 | -83.4% |
| Germany | 16.2 | 5.0 | N/A | N/A | -69.1% |
| Others | 61.3 | 1.9 | 31.0 | 26.0 | -24.9% |
| Total | 183 | 1,208 | 153 | 215 | 5.5% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Pakistan in 2022:
- China (9.3 tons)
- United States (1.0 tons)
- United Kingdom (0.2 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan
In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses exported from Pakistan totaled 700 kg, approximately equating 2021 figures. Over the period under review, exports faced a sharp decrease. The smallest decline of 99.9% was in 2021.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses totaled $1.8K in 2022. Overall, exports saw a precipitous setback. The smallest decline of 99.9% was in 2021.
| Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Sri Lanka | N/A | N/A | 1.8 | 0% | |
| Indonesia | 3.6 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3.6 | N/A | 1.8 | -29.3% | |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Pakistan in 2022:
- Sri Lanka (700.0 kg)
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