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

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda

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

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $51,146 per ton in 2022, with an increase of 3% against the previous year. In general, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 101%. The import price peaked at $53,952 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +13.2% per year.

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

In 2021, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $31,667 per ton, declining by -26.9% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the maximum at $43,348 per ton in 2020, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +24.2% per year.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda

In 2022, supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -39.2% to 253 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 268%.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses dropped markedly to $13K in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 202%.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.814.020.712.939.0%
TurkeyN/A0.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.814.620.712.939.0%

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

  1. India (253.0 kg)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda

In 2021, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses exported from Uganda shrank to 21 kg, waning by -8.7% compared with the previous year's figure. In general, exports saw a sharp downturn.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses reduced remarkably to $665 in 2021. Over the period under review, exports showed a precipitous setback. The smallest decline of -18.4% was in 2020.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Uganda (USD)
COUNTRY201920202021CAGR,
2019-2021
KenyaN/A997665-33.3%
Burundi1,222N/AN/A0%
OthersN/AN/AN/A0%
Total1,222997665-26.2%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Uganda in 2022:

  1. Kenya (21.0 kg)

Source: IndexBox Market Intelligence Platform

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