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

Contents:

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

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

The average import price for nickel; wire, of nickel alloyses stood at $15,012 per ton in 2022, waning by -4.7% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 45%. As a result, import price attained the peak level of $26,762 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($27,065 per ton), while the price for the United Arab Emirates stood at $7,388 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Wire, of Nickel Alloys in Uganda (FOB) - 2022

The average export price for nickel; wire, of nickel alloyses stood at $7,000 per ton in 2022, flattening at the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 27% against the previous year. As a result, the export price attained the peak level of $26,000 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -10.9% per year.

Imports of Nickel; Wire, of Nickel Alloys in Uganda

Nickel; wire, of nickel alloys imports into Uganda rose markedly to 80 kg in 2022, growing by 6.7% on 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 7.1% against the previous year.

In value terms, nickel; wire, of nickel alloys imports rose to $1.2K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 1.8%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

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

1. United Arab Emirates (49.0 kg)
2. India (31.0 kg)

Exports of Nickel; Wire, of Nickel Alloys in Uganda

In 2022, nickel; wire, of nickel alloys exports from Uganda totaled 1 kg, stabilizing at the year before. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, nickel; wire, of nickel alloys exports stood at $7 in 2022. Over the period under review, exports recorded a significant decline. The smallest decline of -30% was in 2021.

Top Export Markets for Nickel; Wire, of Nickel Alloys from Uganda in 2022:

1. Rwanda (1.0 kg)

Source: IndexBox Market Intelligence Platform