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

Contents:

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

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

The average import price for nickel; wire, of nickel alloyses stood at $32,889 per ton in 2022, with an increase of 2% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +75.4% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 44%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.6% per year.

Imports of Nickel; Wire, of Nickel Alloys in Sudan

In 2022, approx. 9 kg of nickel; wire, of nickel alloyses were imported into Sudan; increasing by 13% on the previous year's figure. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 14%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; wire, of nickel alloys imports rose notably to $296 in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Wire, of Nickel Alloys in Sudan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19722625829614.5%
OthersN/AN/AN/AN/A0%
Total19722625829614.5%

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

  1. China (9.0 kg)

Source: IndexBox Market Intelligence Platform

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