Price for Nickel; Unwrought, Not Alloyed in Bangladesh - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Bangladesh (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Bangladesh
Price for Nickel; Unwrought, Not Alloyed in Bangladesh (CIF) - 2022
The average nickel; unwrought, not alloyed import price stood at $26,499 per ton in 2022, jumping by 31% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, not alloyed import price increased by +107.3% against 2016 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 32%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($36,442 per ton), while the price for China ($5,903 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Unwrought, Not Alloyed in Bangladesh
In 2022, overseas purchases of nickel; unwrought, not alloyeds decreased by -31.7% to 4.9 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, imports attained the peak of 17 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, nickel; unwrought, not alloyed imports declined to $131K in 2022. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of $301K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Nickel; Unwrought, Not Alloyed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 124 | 149 | 78.4 | 80.2 | -13.5% |
| Taiwan (Chinese) | 62.7 | 49.8 | 26.6 | 22.3 | -29.1% |
| France | 30.5 | 90.6 | 31.5 | 21.3 | -11.3% |
| India | 1.2 | 1.1 | 0.3 | 3.7 | 45.5% |
| Belgium | 8.5 | 7.9 | 3.2 | 2.5 | -33.5% |
| China | 1.4 | 1.5 | 0.6 | 0.5 | -29.1% |
| Spain | 8.6 | N/A | 4.9 | N/A | -24.5% |
| Others | 4.8 | 1.2 | 0.5 | 0.3 | -60.3% |
| Total | 242 | 301 | 146 | 131 | -18.5% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Bangladesh in 2022:
- Singapore (3285.0 kg)
- France (675.0 kg)
- Taiwan (Chinese) (611.0 kg)
- India (138.0 kg)
- Belgium (105.0 kg)
- China (93.0 kg)
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This report provides an in-depth analysis of the nickel market in Bangladesh.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Bangladesh.
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This report provides an in-depth analysis of the nickel market in Bangladesh.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
340
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1233
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
906
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1030
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
