Price for Nickel; Waste and Scrap in Libya - 2022
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Price for Nickel; Waste and Scrap in Libya (FOB) - 2022
The average nickel; waste and scrap export price stood at $10,329 per ton in 2022, jumping by 22% against the previous year. Over the period under review, the export price posted slight growth. The growth pace was the most rapid in 2019 when the average export price increased by 53%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($40,675 per ton), while the average price for exports to Turkey stood at $9,188 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Nickel; Waste and Scrap in Libya
In 2022, approx. 4.2 tons of nickel; waste and scraps were exported from Libya; dropping by -50.5% compared with 2021. Overall, exports showed a sharp curtailment. The smallest decline of -43.6% was in 2020.
In value terms, nickel; waste and scrap exports shrank rapidly to $44K in 2022. Over the period under review, exports continue to indicate a precipitous decline.
| Export of Nickel; Waste and Scrap in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 120 | 167 | 64.6 | 37.6 | -32.1% |
| Netherlands | 358 | 108 | 7.9 | 6.3 | -74.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 478 | 275 | 72.5 | 43.9 | -54.9% |
Top Export Markets for Nickel; Waste and Scrap from Libya in 2022:
- Turkey (4.1 tons)
- Netherlands (0.2 tons)
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