Price for Nickel; Tubes and Pipes, of Nickel Alloys in Algeria - 2022

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Algeria (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $28,896 per ton in 2022, dropping by -2.8% against the previous year. Overall, the import price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 135% against the previous year. As a result, import price attained the peak level of $80,146 per ton. From 2019 to 2022, the average 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 Italy ($137,287 per ton), while the price for the United States ($21,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Algeria

In 2022, supplies from abroad of nickel; tubes and pipes, of nickel alloyses was finally on the rise to reach 36 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $1M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.