Price for Nickel; Waste and Scrap in Bahrain - 2022

Contents:

1. Price for Nickel; Waste and Scrap in Bahrain (FOB) - 2022
2. Exports of Nickel; Waste and Scrap in Bahrain

Price for Nickel; Waste and Scrap in Bahrain (FOB) - 2022

The average nickel; waste and scrap export price stood at $6,171 per ton in 2022, increasing by 10% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 51%. The export price peaked at $11,580 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($7,501 per ton), while the average price for exports to Malaysia ($4,638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+4.4%), while the prices for the other major destinations experienced a decline.

Exports of Nickel; Waste and Scrap in Bahrain

After two years of decline, overseas shipments of nickel; waste and scraps increased by 79% to 32 tons in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

In value terms, nickel; waste and scrap exports soared to $197K in 2022. In general, exports, however, recorded a abrupt shrinkage.

Top Export Markets for Nickel; Waste and Scrap from Bahrain in 2022:

1. Singapore (12.4 tons)
2. Malaysia (9.9 tons)
3. India (9.7 tons)

Source: IndexBox Market Intelligence Platform