Price for Nickel; Plates, Sheets, Strip and Foil in Angola - 2022

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Angola (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Angola (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Angola
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Angola

Price for Nickel; Plates, Sheets, Strip and Foil in Angola (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $6,614 per ton in 2022, falling by -43.2% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. The import price peaked at $52,308 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($19,212 per ton), while the price for the United Arab Emirates ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-17.0%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Plates, Sheets, Strip and Foil in Angola (FOB) - 2022

In 2020, the average export price for nickel; plates, sheets, strip and foils amounted to $1,611 per ton, growing by 3.3% against the previous year. Over the period under review, the export price, however, recorded a sharp reduction. Over the period under review, the average export prices hit record highs at $3,941 per ton in 2017; however, from 2018 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2017 to 2020, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -25.8% per year.

Imports of Nickel; Plates, Sheets, Strip and Foil in Angola

In 2022, purchases abroad of nickel; plates, sheets, strip and foils was finally on the rise to reach 1.6 tons after two years of decline. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foils surged to $10K in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.12.31.26.024.6%
Congo1.51.10.63.026.0%
United Kingdom0.30.20.10.626.0%
Portugal0.1N/AN/A0.571.0%
Belgium0.10.1N/A0.10.0%
Others0.60.20.10.2-30.7%
Total5.74.02.010.422.2%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Angola in 2022:

  1. Congo (861.0 kg)
  2. France (514.0 kg)
  3. Portugal (129.0 kg)
  4. United Kingdom (33.0 kg)
  5. Belgium (20.0 kg)

Exports of Nickel; Plates, Sheets, Strip and Foil in Angola

Exports of nickel; plates, sheets, strip and foils from Angola expanded to 8.2 tons in 2020, growing by 3.6% against 2019 figures. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foils expanded significantly to $13K in 2020. The total export value increased at an average annual rate of +6.9% from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil in Angola (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Democratic Republic of the Congo12.313.27.3%
OthersN/AN/A0%
Total12.313.27.3%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Angola in 2022:

  1. Democratic Republic of the Congo (8.2 tons)

Source: IndexBox Market Intelligence Platform

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