Price for Nickel; Unwrought, Not Alloyed in Ghana - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Ghana (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Ghana
Price for Nickel; Unwrought, Not Alloyed in Ghana (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $9,727 per ton, reducing by -30.5% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 3.6%. As a result, import price reached the peak level of $17,241 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +6.4% per year.
Imports of Nickel; Unwrought, Not Alloyed in Ghana
In 2022, after two years of growth, there was significant decline in supplies from abroad of nickel; unwrought, not alloyeds, when their volume decreased by -81.3% to 311 kg. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 497%. As a result, imports attained the peak of 1.7 tons, and then declined remarkably in the following year.
In value terms, nickel; unwrought, not alloyed imports plummeted to $3K in 2022. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 409%. As a result, imports attained the peak of $23K, and then contracted remarkably in the following year.
| Import of Nickel; Unwrought, Not Alloyed in Ghana (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Germany | 4.6 | 10.8 | 3.0 | -19.2% |
| India | N/A | 12.4 | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 4.6 | 23.2 | 3.0 | -19.2% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Ghana in 2022:
- Germany (311.0 kg)
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This report provides an in-depth analysis of the nickel market in Ghana.
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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 Ghana.
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This report provides an in-depth analysis of the nickel market in Ghana.
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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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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.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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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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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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%
