Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Saudi Arabia - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Saudi Arabia (CIF) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Saudi Arabia
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Saudi Arabia (CIF) - 2022
In 2021, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $13,038 per ton, falling by -5.3% against the previous year. Over the period under review, the import price showed a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by 107% against the previous year. The import price peaked at $27,280 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($33,098 per ton), while the price for Germany ($15,644 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.5%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Saudi Arabia
In 2021, after two years of growth, there was significant decline in supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses, when their volume decreased by -76.1% to 205 tons. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 593% against the previous year. As a result, imports reached the peak of 859 tons, and then shrank markedly in the following year.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses dropped dramatically to $2.7M in 2021. Overall, imports showed a noticeable setback. The pace of growth was the most pronounced in 2020 with an increase of 301%. As a result, imports attained the peak of $12M, and then contracted markedly in the following year.
| Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United States | 0.7 | N/A | 0.7 | 0.0% |
| India | 0.6 | N/A | 0.5 | -8.7% |
| France | N/A | N/A | 0.5 | 0% |
| Germany | 0.9 | 0.4 | 0.4 | -33.3% |
| China | N/A | 2.6 | N/A | 0% |
| Switzerland | N/A | 0.4 | N/A | 0% |
| Sweden | N/A | 7.5 | N/A | 0% |
| Others | 0.7 | 1.0 | 0.6 | -7.4% |
| Total | 2.9 | 11.8 | 2.7 | -3.5% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Saudi Arabia in 2022:
- Germany (27.8 tons)
- United States (27.0 tons)
- India (23.4 tons)
- France (14.3 tons)
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