Sulphates; of Nickel Price in Uzbekistan - 2023
Contents:
Sulphates; of Nickel Price in Uzbekistan (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $6,166 per ton, rising by 38% against the previous year. Overall, import price indicated a strong increase from 2017 to 2022: its price increased at an average annual rate of +9.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of nickel import price increased by +64.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($13,820 per ton), while the price for India ($2,402 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Nickel Imports in Uzbekistan
Sulphates; of nickel imports into Uzbekistan amounted to 9.5 tons in 2022, with an increase of 6.2% against the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, sulphates; of nickel imports skyrocketed to $58K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 +69.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 8.2 | 24.9 | 203.7% |
| Turkey | 11.2 | 22.6 | 19.3 | 15.8 | 12.2% |
| Germany | N/A | N/A | N/A | 8.8 | 0% |
| India | N/A | N/A | 7.6 | 5.9 | -22.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 2.8 | 0% |
| Russia | 23.3 | 13.8 | 2.6 | 0.3 | -76.6% |
| Others | N/A | 0.1 | 2.1 | N/A | 2000.0% |
| Total | 34.5 | 36.5 | 39.9 | 58.4 | 19.2% |
Top Suppliers of Sulphates; of Nickel to Uzbekistan in 2022:
- China (3.5 tons)
- India (2.5 tons)
- Turkey (2.3 tons)
- Germany (1.0 tons)
- Taiwan (Chinese) (0.2 tons)
- Russia (0.1 tons)
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