Price for Nickel; Wire, of Nickel Alloys in Libya - 2022

Contents:

  1. Price for Nickel; Wire, of Nickel Alloys in Libya (CIF) - 2022
  2. Imports of Nickel; Wire, of Nickel Alloys in Libya

Price for Nickel; Wire, of Nickel Alloys in Libya (CIF) - 2022

In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $60,161 per ton, remaining constant against the previous year. Overall, the import price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $61,181 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Germany ($78,325 per ton), while the price for the United Arab Emirates ($2,297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-7.3%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Wire, of Nickel Alloys in Libya

Nickel; wire, of nickel alloys imports into Libya surged to 945 kg in 2022, with an increase of 190% on the previous year. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; wire, of nickel alloys imports skyrocketed to $57K in 2022. Overall, imports posted significant growth. 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 Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.13.319.256.1270.8%
United Arab Emirates0.60.20.20.4-12.6%
Turkey0.40.40.40.3-9.1%
United KingdomN/A3.8N/AN/A0%
Others1.6N/AN/AN/A0%
Total3.67.819.856.9151.0%

Top Suppliers of Nickel; Wire, of Nickel Alloys to Libya in 2022:

  1. Germany (716.0 kg)
  2. United Arab Emirates (175.0 kg)
  3. Turkey (47.0 kg)

Source: IndexBox Market Intelligence Platform

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