Sulphates; of Nickel Price in Tanzania - 2021
Contents:
Sulphates; of Nickel Price in Tanzania (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $4,210 per ton, shrinking by -26.1% against the previous year. In general, the import price showed a slight slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 95%. The import price peaked at $11,362 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.7% per year.
Sulphates; of Nickel Imports in Tanzania
For the third year in a row, Tanzania recorded decline in purchases abroad of sulphates; of nickels, which decreased by -74.6% to 100 kg in 2022. Overall, imports saw a sharp setback. The smallest decline of -65.7% was in 2020.
In value terms, sulphates; of nickel imports shrank markedly to $421 in 2022. In general, imports faced a sharp setback. The smallest decline of -53.3% was in 2021.
| Import of Sulphates; of Nickel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| China | 13.5 | 4.2 | 1.0 | N/A | -72.8% |
| Others | 0.4 | 0.3 | 1.0 | N/A | 58.1% |
| Total | 14.2 | 4.8 | 2.2 | 0.4 | -69.6% |
Top Suppliers of Sulphates; of Nickel to Tanzania in 2022:
- India (100.0 kg)
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