Price for Nickel; Wire, of Nickel Alloys in Ethiopia - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Ethiopia (CIF) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Ethiopia
Price for Nickel; Wire, of Nickel Alloys in Ethiopia (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $30,679 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a temperate expansion. The growth pace was the most rapid in 2019 when the average import price increased by 55%. The import price peaked at $30,693 per ton in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($225,167 per ton), while the price for India ($17,512 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Ethiopia
For the third year in a row, Ethiopia recorded decline in purchases abroad of nickel; wire, of nickel alloyses, which decreased by -48.7% to 1.4 tons in 2022. Overall, imports saw a precipitous slump. The smallest decline of -31% was in 2021.
In value terms, nickel; wire, of nickel alloys imports fell dramatically to $43K in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 0.3%.
| Import of Nickel; Wire, of Nickel Alloys in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 66.4 | 46.5 | 35.9 | 34.4 | -19.7% |
| India | 9.0 | 28.7 | 31.9 | 6.7 | -9.4% |
| Others | 7.7 | 8.1 | 15.8 | 1.8 | -38.4% |
| Total | 83.0 | 83.3 | 83.5 | 42.9 | -19.7% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Ethiopia in 2022:
- China (1006.0 kg)
- India (383.0 kg)
1591
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In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...
