Price for Nickel; Wire, Not Alloyed in Algeria - 2022
Contents:
- Price for Nickel; Wire, Not Alloyed in Algeria (CIF) - 2022
- Imports of Nickel; Wire, Not Alloyed in Algeria
Price for Nickel; Wire, Not Alloyed in Algeria (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $39,370 per ton, picking up by 37% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($276,429 per ton), while the price for South Korea ($9,901 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Wire, Not Alloyed in Algeria
In 2022, the amount of nickel; wire, not alloyeds imported into Algeria soared to 3.8 tons, jumping by 52% on the previous year. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 61%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, nickel; wire, not alloyed imports skyrocketed to $138K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Wire, Not Alloyed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | N/A | N/A | 128 | 0% |
| Italy | 29.2 | 18.8 | 35.3 | 4.3 | -47.2% |
| South Korea | 13.4 | 10.1 | 22.2 | 3.2 | -38.0% |
| Germany | 8.2 | 6.1 | 13.5 | 1.9 | -38.6% |
| Czech Republic | N/A | 21.9 | N/A | N/A | 0% |
| Others | 0.3 | 0.2 | 0.3 | N/A | 0.0% |
| Total | 51.1 | 57.1 | 71.3 | 138 | 39.3% |
Top Suppliers of Nickel; Wire, Not Alloyed to Algeria in 2022:
- Bahrain (3489.0 kg)
- South Korea (322.0 kg)
- Italy (16.0 kg)
- Germany (7.0 kg)
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