Sulphates; of Nickel Price in Iraq - 2022
Contents:
Sulphates; of Nickel Price in Iraq (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $5,491 per ton, increasing by 22% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $6,583 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($26,833 per ton), while the price for Turkey amounted to $4,686 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.6%).
Sulphates; of Nickel Imports in Iraq
For the third year in a row, Iraq recorded decline in purchases abroad of sulphates; of nickels, which decreased by -56.2% to 165 kg in 2022. Overall, imports continue to indicate a sharp contraction. The smallest decline of -24.8% was in 2021.
In value terms, sulphates; of nickel imports contracted remarkably to $906 in 2022. In general, imports showed a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 2%.
| Import of Sulphates; of Nickel in Iraq (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2,769 | 1,499 | 1,539 | 745 | -35.4% |
| India | 179 | 165 | 159 | 161 | -3.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,948 | 1,664 | 1,698 | 906 | -32.5% |
Top Suppliers of Sulphates; of Nickel to Iraq in 2022:
- Turkey (159.0 kg)
- India (6.0 kg)
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