Price for Nickel; Wire, Not Alloyed in Oman - 2021

Contents:

  1. Price for Nickel; Wire, Not Alloyed in Oman (CIF) - 2022
  2. Imports of Nickel; Wire, Not Alloyed in Oman

Price for Nickel; Wire, Not Alloyed in Oman (CIF) - 2022

The average nickel; wire, not alloyed import price stood at $31,687 per ton in 2022, leveling off at the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 78% against the previous year. The import price peaked at $87,797 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($112,101 per ton), while the price for the United Arab Emirates ($28,590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+199.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Wire, Not Alloyed in Oman

In 2022, purchases abroad of nickel; wire, not alloyeds decreased by -41% to 217 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 546%. As a result, imports reached the peak of 368 kg, and then fell significantly in the following year.

In value terms, nickel; wire, not alloyed imports contracted markedly to $6.9K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 461%. As a result, imports attained the peak of $12K, and then dropped notably in the following year.

Import of Nickel; Wire, Not Alloyed in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.21.39.55.9209.0%
Czech Republic0.40.21.30.826.0%
Others0.10.50.80.10.0%
Total0.72.111.76.9114.4%

Top Suppliers of Nickel; Wire, Not Alloyed to Oman in 2022:

  1. United Arab Emirates (208.0 kg)
  2. Czech Republic (7.0 kg)

Source: IndexBox Market Intelligence Platform

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