Price for Nickel; Waste and Scrap in Sri Lanka - 2022

Contents:

1. Price for Nickel; Waste and Scrap in Sri Lanka (FOB) - 2022
2. Exports of Nickel; Waste and Scrap in Sri Lanka

Price for Nickel; Waste and Scrap in Sri Lanka (FOB) - 2022

In 2022, the average nickel; waste and scrap export price amounted to $12,113 per ton, rising by 4.2% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 72% against the previous year. As a result, the export price attained the peak level of $12,274 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($19,596 per ton), while the average price for exports to the Netherlands ($7,255 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.6%).

Exports of Nickel; Waste and Scrap in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in shipments abroad of nickel; waste and scraps, which increased by 42% to 27 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; waste and scrap exports surged to $321K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Waste and Scrap from Sri Lanka in 2022:

1. United Kingdom (11.9 tons)
2. India (8.6 tons)
3. Pakistan (4.2 tons)
4. Netherlands (1.7 tons)

Source: IndexBox Market Intelligence Platform