Chlorides; of Nickel Price in Saudi Arabia - 2021

Contents:

1. Chlorides; of Nickel Price in Saudi Arabia (CIF) - 2022
2. Chlorides; of Nickel Imports in Saudi Arabia

Chlorides; of Nickel Price in Saudi Arabia (CIF) - 2022

The average chlorides; of nickel import price stood at $4,464 per ton in 2022, shrinking by -7.5% against the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. Over the period under review, average import prices attained the peak figure at $9,884 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Poland ($9,376 per ton), while the price for Germany ($3,576 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%).

Chlorides; of Nickel Imports in Saudi Arabia

In 2022, chlorides; of nickel imports into Saudi Arabia contracted to 5.4 tons, dropping by -7.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports reached the peak of 5.9 tons, and then contracted in the following year.

In value terms, chlorides; of nickel imports shrank to $24K in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year.

Top Suppliers of Chlorides; of Nickel to Saudi Arabia in 2022:

1. Poland (undefined tons)
2. Turkey (0.7 tons)
3. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform