Price for Nickel; Wire, of Nickel Alloys in Bahrain - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Bahrain (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Bahrain (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Bahrain
- Exports of Nickel; Wire, of Nickel Alloys in Bahrain
Price for Nickel; Wire, of Nickel Alloys in Bahrain (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $37,233 per ton, surging by 31% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, of nickel alloys import price increased by +61.9% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 36%. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 the United Arab Emirates ($103,923 per ton), while the price for China ($25,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Bahrain (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $18,289 per ton in 2022, which is down by -20.3% against the previous year. Overall, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 43%. Over the period under review, the average export prices reached the maximum at $89,356 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 the United Arab Emirates ($37,818 per ton), while the average price for exports to China ($11,406 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 the United Arab Emirates (+14.7%).
Imports of Nickel; Wire, of Nickel Alloys in Bahrain
In 2022, overseas purchases of nickel; wire, of nickel alloyses decreased by -7% to 14 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of 18%. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; wire, of nickel alloys imports soared to $527K in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Wire, of Nickel Alloys in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 156 | 155 | 159 | 278 | 21.2% |
| United States | 158 | 141 | 198 | 143 | -3.3% |
| Germany | 71.8 | 91.9 | 60.5 | 83.6 | 5.2% |
| China | 11.9 | 3.6 | 7.0 | 6.3 | -19.1% |
| United Arab Emirates | 33.2 | 3.6 | 2.9 | 2.7 | -56.7% |
| Others | 5.0 | 6.3 | 5.1 | 12.2 | 34.6% |
| Total | 436 | 401 | 433 | 527 | 6.5% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Bahrain in 2022:
- India (9.3 tons)
- United States (2.8 tons)
- Germany (1.5 tons)
- China (0.2 tons)
Exports of Nickel; Wire, of Nickel Alloys in Bahrain
Nickel; wire, of nickel alloys exports from Bahrain surged to 1.4 tons in 2022, growing by 81% on 2021. In general, 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, of nickel alloys exports skyrocketed to $25K in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 79%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Nickel; Wire, of Nickel Alloys in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.8 | 7.1 | 3.9 | 12.9 | 30.5% |
| China | N/A | N/A | N/A | 10.6 | 0% |
| Saudi Arabia | 6.9 | 2.5 | 0.1 | 1.6 | -38.6% |
| Singapore | N/A | N/A | 13.4 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 12.7 | 9.7 | 17.4 | 25.1 | 25.5% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Bahrain in 2022:
- China (930.0 kg)
- United Arab Emirates (341.0 kg)
- Saudi Arabia (100.0 kg)
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