Price for Nickel; Wire, of Nickel Alloys in Tanzania - 2023

Contents:

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

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

In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $1,417 per ton, rising by 6.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 320% against the previous year. As a result, import price attained the peak level of $5,668 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($6,611 per ton), while the price for China ($524 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 (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Wire, of Nickel Alloys in Tanzania

In 2022, supplies from abroad of nickel; wire, of nickel alloyses decreased by -2.9% to 1.9 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 103%. As a result, imports attained the peak of 2.8 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; wire, of nickel alloys imports expanded modestly to $2.7K in 2022. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year.

Import of Nickel; Wire, of Nickel Alloys in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17449.068889472.6%
United Arab Emirates5544125286284.3%
India1,9468801,279246-49.8%
Germany14070.059.048.0-30.0%
NetherlandsN/A146N/AN/A0%
Others65571.068.089811.1%
Total3,4691,6282,6222,714-7.9%

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

  1. China (1705.0 kg)
  2. United Arab Emirates (95.0 kg)
  3. India (48.0 kg)
  4. Germany (41.0 kg)

Source: IndexBox Market Intelligence Platform

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