Price for Nickel; Wire, of Nickel Alloys in Singapore - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Singapore (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Singapore (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Singapore
- Exports of Nickel; Wire, of Nickel Alloys in Singapore
Price for Nickel; Wire, of Nickel Alloys in Singapore (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $32,049 per ton, stabilizing at the previous year. Overall, the import price saw a pronounced reduction. The pace of growth was the most pronounced in 2019 an increase of 15%. Over the period under review, average import prices hit record highs at $43,180 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($78,241 per ton), while the price for China ($7,901 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.9%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Wire, of Nickel Alloys in Singapore (FOB) - 2022
In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $19,329 per ton, picking up by 6.3% against the previous year. In general, the export price, however, saw a abrupt contraction. The export price peaked at $39,934 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($32,285 per ton), while the average price for exports to Taiwan (Chinese) ($14,775 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 China (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, of Nickel Alloys in Singapore
In 2022, purchases abroad of nickel; wire, of nickel alloyses was finally on the rise to reach 628 tons after two years of decline. In general, imports, however, continue to indicate a abrupt setback.
In value terms, nickel; wire, of nickel alloys imports stood at $20M in 2022. Overall, imports, however, recorded a deep downturn.
| Import of Nickel; Wire, of Nickel Alloys in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 6.4 | 8.2 | 6.1 | 12.4% |
| Italy | 7.9 | 2.3 | 6.2 | 4.6 | -16.5% |
| France | 7.5 | 4.6 | 0.5 | 3.1 | -25.5% |
| United States | 4.7 | 3.1 | 2.2 | 2.5 | -19.0% |
| Taiwan (Chinese) | 1.6 | 3.2 | 0.3 | 1.2 | -9.1% |
| Switzerland | 3.2 | 0.1 | N/A | 0.8 | -37.0% |
| Sweden | 0.8 | 0.3 | 0.4 | 0.4 | -20.6% |
| China | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Others | 3.0 | 0.9 | 1.3 | 1.4 | -22.4% |
| Total | 33.1 | 21.0 | 19.3 | 20.1 | -15.3% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Singapore in 2022:
- Germany (189.7 tons)
- Italy (166.9 tons)
- France (106.2 tons)
- Taiwan (Chinese) (42.5 tons)
- United States (31.3 tons)
- Switzerland (29.5 tons)
- China (18.0 tons)
- Sweden (16.8 tons)
Exports of Nickel; Wire, of Nickel Alloys in Singapore
In 2022, shipments abroad of nickel; wire, of nickel alloyses was finally on the rise to reach 714 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt descent.
In value terms, nickel; wire, of nickel alloys exports skyrocketed to $14M in 2022. Over the period under review, exports, however, recorded a deep setback.
| Export of Nickel; Wire, of Nickel Alloys in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 19.6 | 7.8 | 7.8 | 9.4 | -21.7% |
| Taiwan (Chinese) | 0.1 | 7.2 | 0.1 | 2.0 | 171.4% |
| Malaysia | 1.5 | 1.2 | 1.6 | 1.3 | -4.7% |
| China | 0.8 | 0.2 | 0.4 | 0.4 | -20.6% |
| Others | 1.0 | 0.4 | 0.9 | 0.8 | -7.2% |
| Total | 23.0 | 16.7 | 10.8 | 13.8 | -15.7% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Singapore in 2022:
- Indonesia (491.5 tons)
- Taiwan (Chinese) (133.0 tons)
- Malaysia (43.2 tons)
- China (11.3 tons)
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