Price for Nickel; Wire, Not Alloyed in Bahrain - 2022
Contents:
- Price for Nickel; Wire, Not Alloyed in Bahrain (FOB) - 2022
- Price for Nickel; Wire, Not Alloyed in Bahrain (CIF) - 2022
- Exports of Nickel; Wire, Not Alloyed in Bahrain
- Imports of Nickel; Wire, Not Alloyed in Bahrain
Price for Nickel; Wire, Not Alloyed in Bahrain (FOB) - 2022
The average nickel; wire, not alloyed export price stood at $3,948 per ton in 2022, dropping by -75.2% against the previous year. Overall, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 162% against the previous year. Over the period under review, the average export prices attained the maximum at $27,926 per ton in 2020; however, from 2021 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 Algeria.
From 2014 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +61.9% per year.
Price for Nickel; Wire, Not Alloyed in Bahrain (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $32,069 per ton in 2022, with a decrease of -33.9% against the previous year. Over the period under review, the import price recorded a slight slump. The pace of growth appeared the most rapid in 2021 an increase of 47% against the previous year. As a result, import price reached the peak level of $48,480 per ton, and then shrank remarkably in the following year.
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 India ($1,773,000 per ton), while the price for Germany totaled $22,626 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+51.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Nickel; Wire, Not Alloyed in Bahrain
In 2022, approx. 35 tons of nickel; wire, not alloyeds were exported from Bahrain; rising by 294% on 2021. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; wire, not alloyed exports fell to $138K in 2022. In general, exports, however, continue to indicate a pronounced shrinkage.
| Export of Nickel; Wire, Not Alloyed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Algeria | N/A | 127 | 0% | ||
| Canada | 141 | N/A | 0% | ||
| Others | N/A | 11.0 | 0% | ||
| Total | 141 | 138 | -2.1% | ||
Top Export Markets for Nickel; Wire, Not Alloyed from Bahrain in 2022:
- Algeria (34.8 tons)
Imports of Nickel; Wire, Not Alloyed in Bahrain
In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; wire, not alloyeds, when their volume increased by 196% to 148 kg. In general, imports, however, recorded a dramatic shrinkage.
In value terms, nickel; wire, not alloyed imports skyrocketed to $5.1K in 2022. Over the period under review, imports, however, continue to indicate a significant decline.
| Import of Nickel; Wire, Not Alloyed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.9 | 3.7 | 0.9 | 3.3 | 20.2% |
| India | 2.3 | 3.3 | 0.6 | 1.8 | -7.8% |
| China | 7.5 | N/A | N/A | N/A | 0% |
| Czech Republic | 0.9 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 12.6 | 7.5 | 2.4 | 5.1 | -26.0% |
Top Suppliers of Nickel; Wire, Not Alloyed to Bahrain in 2022:
- Germany (147.0 kg)
- India (1.0 kg)
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