Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka (CIF) - 2022
The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $8,115 per ton in 2022, shrinking by -62.3% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 76% against the previous year. Over the period under review, average import prices reached the peak figure at $48,487 per ton in 2017; however, from 2018 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 Germany ($52,780 per ton), while the price for Pakistan ($2,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $6,471 per ton in 2022, dropping by -77% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 106% against the previous year. Over the period under review, the average export prices reached the maximum at $28,383 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +32.9% per year.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka
Imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Sri Lanka skyrocketed to 5.1 tons in 2022, rising by 170% against the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 303%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses rose to $41K in 2022. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.5 | 2.3 | 5.9 | 29.9 | 66.3% |
| Pakistan | N/A | N/A | 1.6 | 10.0 | 525.0% |
| Switzerland | 0.7 | 0.2 | 11.2 | 0.3 | -24.6% |
| Hungary | 1.8 | 3.4 | 6.7 | N/A | 92.9% |
| Netherlands | 5.7 | 4.0 | 10.7 | N/A | 37.0% |
| Others | 10.7 | 6.3 | 4.5 | 1.2 | -51.8% |
| Total | 25.3 | 16.2 | 40.6 | 41.4 | 17.8% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Sri Lanka in 2022:
- Pakistan (4.5 tons)
- Germany (0.6 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses, which decreased by -19% to 17 kg in 2022. Over the period under review, exports recorded a significant decline.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses fell remarkably to $110 in 2022. In general, exports saw a precipitous slump. The smallest decline of -44.9% was in 2021.
| Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 32.0 | 38.0 | 49.0 | 110 | 50.9% |
| China | 821 | 1,036 | 543 | N/A | -18.7% |
| Hungary | 1,446 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,299 | 1,074 | 592 | 110 | -63.7% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Sri Lanka in 2022:
- Switzerland (17.0 kg)
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