Price for Nickel; Unwrought, Not Alloyed in Pakistan - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Pakistan (CIF) - 2023
- Imports of Nickel; Unwrought, Not Alloyed in Pakistan
Price for Nickel; Unwrought, Not Alloyed in Pakistan (CIF) - 2023
The average nickel; unwrought, not alloyed import price stood at $11,970 per ton in February 2023, reducing by -7.2% against the previous month. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in June 2022 an increase of 30% m-o-m. Over the period under review, average import prices attained the peak figure at $23,926 per ton in April 2022; however, from May 2022 to February 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Canada ($22,410 per ton), while the price for Japan ($10,765 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Unwrought, Not Alloyed in Pakistan
Nickel; unwrought, not alloyed imports into Pakistan surged to 700 tons in 2022, growing by 38% against the year before. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed imports rose significantly to $11M in 2022. The total import value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 293 | 288 | 1,531 | 2,880 | 114.2% |
| United Kingdom | 2,225 | 2,687 | 2,604 | 2,650 | 6.0% |
| Japan | 90.0 | 886 | 989 | 1,036 | 125.8% |
| China | 2,833 | 2,199 | 1,068 | 940 | -30.8% |
| Canada | 441 | 559 | 680 | 713 | 17.4% |
| Finland | 391 | 376 | 355 | 676 | 20.0% |
| Netherlands | 26.2 | 113 | 558 | 540 | 174.2% |
| France | 298 | 232 | 405 | 416 | 11.8% |
| Russia | 204 | 237 | 273 | 314 | 15.5% |
| Switzerland | 209 | 241 | 274 | 313 | 14.4% |
| Singapore | 212 | 220 | 225 | 231 | 2.9% |
| United Arab Emirates | 311 | 80.0 | 113 | 148 | -21.9% |
| Others | 238 | 241 | 618 | 231 | -1.0% |
| Total | 7,771 | 8,359 | 9,694 | 11,089 | 12.6% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Pakistan in 2022:
- United Kingdom (180.4 tons)
- Norway (149.5 tons)
- Canada (68.5 tons)
- Japan (63.8 tons)
- Finland (53.1 tons)
- China (41.1 tons)
- Singapore (29.6 tons)
- France (29.3 tons)
- Netherlands (27.4 tons)
- United Arab Emirates (17.4 tons)
- Russia (11.5 tons)
- Switzerland (11.3 tons)
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This report provides an in-depth analysis of the nickel market in Pakistan.
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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 Pakistan.
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This report provides an in-depth analysis of the nickel market in Pakistan.
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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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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...
887
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...
1022
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%
