Price for Nickel; Wire, Not Alloyed in the United Arab Emirates - 2021
Contents:
- Price for Nickel; Wire, Not Alloyed in the United Arab Emirates (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in the United Arab Emirates (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in the United Arab Emirates
- Exports of Nickel; Wire, Not Alloyed in the United Arab Emirates
Price for Nickel; Wire, Not Alloyed in the United Arab Emirates (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $42,045 per ton, reducing by -14.4% against the previous year. Over the period under review, the import price, however, showed tangible growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 54% against the previous year. The import price peaked at $49,095 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($53,974 per ton), while the price for China ($14,340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Wire, Not Alloyed in the United Arab Emirates (FOB) - 2022
The average nickel; wire, not alloyed export price stood at $4,667 per ton in 2022, falling by -89.5% against the previous year. Over the period under review, the export price, however, enjoyed modest growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 230%. As a result, the export price reached the peak level of $44,603 per ton, and then contracted significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($42,629 per ton), while the average price for exports to Djibouti ($2,754 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 Iraq (+671.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Wire, Not Alloyed in the United Arab Emirates
In 2022, overseas purchases of nickel; wire, not alloyeds were finally on the rise to reach 14 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; wire, not alloyed imports soared to $590K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Wire, Not Alloyed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 71.9 | 68.4 | 86.6 | 521 | 93.5% |
| China | 0.1 | 0.1 | N/A | 59.5 | 741.1% |
| Switzerland | 6.7 | 2.3 | 2.2 | 1.6 | -38.0% |
| Others | 17.7 | 11.8 | 2.2 | 8.4 | -22.0% |
| Total | 96.4 | 82.6 | 91.0 | 590 | 82.9% |
Top Suppliers of Nickel; Wire, Not Alloyed to the United Arab Emirates in 2022:
- Russia (9.7 tons)
- China (4.2 tons)
- Switzerland (0.1 tons)
Exports of Nickel; Wire, Not Alloyed in the United Arab Emirates
In 2022, exports of nickel; wire, not alloyeds from the United Arab Emirates soared to 11 tons, with an increase of 4,578% compared with the previous year. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; wire, not alloyed exports skyrocketed to $50K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Wire, Not Alloyed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | N/A | N/A | N/A | 30.5 | 0% |
| Iraq | N/A | N/A | 0.1 | 7.6 | 7500.0% |
| Switzerland | 1.4 | 10.1 | 0.6 | 7.6 | 75.7% |
| Djibouti | N/A | N/A | N/A | 0.5 | 0% |
| Malawi | N/A | 0.5 | N/A | N/A | 0% |
| Iran | 1.9 | 2.3 | 0.3 | N/A | -60.3% |
| Others | 2.0 | 5.1 | 9.2 | 3.8 | 23.9% |
| Total | 5.3 | 17.9 | 10.2 | 50.0 | 111.3% |
Top Export Markets for Nickel; Wire, Not Alloyed from the United Arab Emirates in 2022:
- Tunisia (9.7 tons)
- Switzerland (0.4 tons)
- Djibouti (0.2 tons)
- Iraq (0.2 tons)
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