Price for Nickel; Wire, of Nickel Alloys in the United Arab Emirates - 2021

Contents:

1. Price for Nickel; Wire, of Nickel Alloys in the United Arab Emirates (CIF) - 2022
2. Price for Nickel; Wire, of Nickel Alloys in the United Arab Emirates (FOB) - 2022
3. Imports of Nickel; Wire, of Nickel Alloys in the United Arab Emirates
4. Exports of Nickel; Wire, of Nickel Alloys in the United Arab Emirates

Price for Nickel; Wire, of Nickel Alloys in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $25,032 per ton, shrinking by -28.9% against the previous year. In general, the import price saw a noticeable setback. The growth pace was the most rapid in 2021 when the average import price increased by 70%. As a result, import price reached the peak level of $35,190 per ton, and then fell significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +22.8% per year.

Price for Nickel; Wire, of Nickel Alloys in the United Arab Emirates (FOB) - 2022

The average export price for nickel; wire, of nickel alloyses stood at $15,989 per ton in 2022, increasing by 5.8% against the previous year. Overall, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 98%. The export price peaked at $34,351 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +34.8% per year.

Imports of Nickel; Wire, of Nickel Alloys in the United Arab Emirates

In 2022, overseas purchases of nickel; wire, of nickel alloyses were finally on the rise to reach 692 tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt setback.

In value terms, nickel; wire, of nickel alloys imports soared to $17M in 2022. In general, imports, however, saw a pronounced contraction.

Top Suppliers of Nickel; Wire, of Nickel Alloys to the United Arab Emirates in 2022:

1. Switzerland (690.9 tons)

Exports of Nickel; Wire, of Nickel Alloys in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of nickel; wire, of nickel alloyses, when their volume decreased by -32.2% to 62 tons. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 181% against the previous year. As a result, the exports attained the peak of 92 tons, and then shrank notably in the following year.

In value terms, nickel; wire, of nickel alloys exports fell sharply to $999K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 130% against the previous year. As a result, the exports attained the peak of $1.4M, and then shrank markedly in the following year.

Top Export Markets for Nickel; Wire, of Nickel Alloys from the United Arab Emirates in 2022:

1. South Africa (62.5 tons)

Source: IndexBox Market Intelligence Platform