Price for Nickel; Wire, of Nickel Alloys in Ghana - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Ghana (CIF) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Ghana
Price for Nickel; Wire, of Nickel Alloys in Ghana (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $60,531 per ton, jumping by 53% against the previous year. Overall, the import price posted a prominent increase. The growth pace was the most rapid in 2021 an increase of 126% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70,952 per ton), while the price for China ($8,588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Wire, of Nickel Alloys in Ghana
Nickel; wire, of nickel alloys imports into Ghana expanded rapidly to 209 kg in 2022, with an increase of 7.7% against 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 309%. As a result, imports reached the peak of 409 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; wire, of nickel alloys imports surged to $13K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 459%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Wire, of Nickel Alloys in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.2 | 5.8 | 6.2 | 10.3 | 104.7% |
| South Africa | N/A | 0.2 | 0.3 | 2.0 | 216.2% |
| United States | N/A | 0.2 | 0.1 | 0.2 | 0.0% |
| China | N/A | 1.0 | 0.5 | 0.1 | -68.4% |
| Others | N/A | N/A | 0.6 | N/A | 0% |
| Total | 1.3 | 7.2 | 7.7 | 12.7 | 113.8% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Ghana in 2022:
- Germany (145.0 kg)
- South Africa (35.0 kg)
- China (17.0 kg)
- United States (11.0 kg)
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