Price for Nickel; Unwrought, Not Alloyed in Algeria - 2022

Contents:

  1. Price for Nickel; Unwrought, Not Alloyed in Algeria (CIF) - 2022
  2. Imports of Nickel; Unwrought, Not Alloyed in Algeria

Price for Nickel; Unwrought, Not Alloyed in Algeria (CIF) - 2022

In 2022, the average nickel; unwrought, not alloyed import price amounted to $25,574 per ton, rising by 24% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($29,431 per ton), while the price for France amounted to $22,733 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Unwrought, Not Alloyed in Algeria

In 2022, supplies from abroad of nickel; unwrought, not alloyeds decreased by -22% to 9.4 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed noticeable growth. The pace of growth was the most pronounced in 2020 when imports increased by 107% against the previous year. As a result, imports attained the peak of 17 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; unwrought, not alloyed imports shrank modestly to $241K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, imports reached the peak of $269K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Nickel; Unwrought, Not Alloyed in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France74.224872.612318.3%
Italy30.215.917211857.5%
Turkey26.85.74.5N/A-59.0%
OthersN/AN/AN/AN/A0%
Total13126924924122.5%

Top Suppliers of Nickel; Unwrought, Not Alloyed to Algeria in 2022:

  1. France (5.4 tons)
  2. Italy (4.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, not alloyed - Algeria