Sulphates; of Nickel Price in Egypt - 2023
Contents:
Sulphates; of Nickel Price in Egypt (CIF) - 2022
The average sulphates; of nickel import price stood at $5,835 per ton in 2022, rising by 31% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $6,175 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($5,835 per ton) and Belgium ($5,835 per ton), while the price for Italy ($5,835 per ton) and Finland ($5,835 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Nickel Imports in Egypt
After three years of growth, supplies from abroad of sulphates; of nickels decreased by -16.9% to 148 tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 44%.
In value terms, sulphates; of nickel imports expanded notably to $865K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +83.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Sulphates; of Nickel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 42.2 | 106 | 59.7 | 388 | 109.5% |
| Austria | 57.5 | 46.4 | 24.7 | 232 | 59.2% |
| Germany | 62.9 | 150 | 270 | 126 | 26.1% |
| Italy | 125 | 117 | 109 | 83.1 | -12.7% |
| Finland | 20.2 | 60.5 | 154 | 31.6 | 16.1% |
| France | 48.9 | 13.1 | 44.7 | N/A | -4.4% |
| Turkey | 56.4 | 68.5 | 85.0 | N/A | 22.8% |
| Others | 57.4 | 4.2 | 49.6 | 3.6 | -60.3% |
| Total | 470 | 565 | 797 | 865 | 22.5% |
Top Suppliers of Sulphates; of Nickel to Egypt in 2022:
- Belgium (66.6 tons)
- Austria (39.8 tons)
- Germany (21.6 tons)
- Italy (14.2 tons)
- Finland (5.4 tons)
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