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

Contents:

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

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

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $8,459 per ton in 2022, growing by 145% against the previous year. Over the period under review, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 230% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 South Africa ($30,667 per ton), while the price for China amounted to $6,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+40.8%), 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 Tanzania

In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses imported into Tanzania reduced markedly to 37 kg, with a decrease of -94.2% compared with the previous year's figure. Overall, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 60%.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses contracted rapidly to $313 in 2022. In general, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 52%.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7,810508561221-69.5%
South Africa12948.040.092.0-10.7%
India34276.07.0N/A-85.7%
United Arab Emirates1,0006481,431N/A19.6%
Others394178174N/A-33.5%
Total9,6751,4582,213313-68.1%

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

  1. China (34.0 kg)
  2. South Africa (3.0 kg)

Source: IndexBox Market Intelligence Platform

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