Price for Nickel; Wire, of Nickel Alloys in Iran - 2021
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Iran (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Iran (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Iran
- Exports of Nickel; Wire, of Nickel Alloys in Iran
Price for Nickel; Wire, of Nickel Alloys in Iran (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $30,625 per ton, standing approx. at the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, of nickel alloys import price increased by +65.1% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $30,889 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($59,222 per ton), while the price for Sweden ($2,943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Iran (FOB) - 2022
In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $23,625 per ton, growing by 15% against the previous year. In general, the export price showed a remarkable increase. Over the period under review, the average export prices attained the peak figure at $24,097 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ireland.
From 2014 to 2022, the rate of growth in terms of prices for Iraq amounted to 0.0% per year.
Imports of Nickel; Wire, of Nickel Alloys in Iran
In 2022, overseas purchases of nickel; wire, of nickel alloyses were finally on the rise to reach 50 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt contraction.
In value terms, nickel; wire, of nickel alloys imports soared to $1.5M in 2022. In general, imports continue to indicate a relatively flat trend pattern.
| Import of Nickel; Wire, of Nickel Alloys in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 266 | 201 | 152 | 372 | 11.8% |
| China | 170 | 271 | 439 | 265 | 15.9% |
| India | 221 | 139 | 75.7 | 240 | 2.8% |
| South Korea | 25.9 | 2.2 | 146 | 173 | 88.3% |
| Hong Kong SAR | 5.2 | 14.7 | 136 | 161 | 214.0% |
| Austria | 16.4 | 100 | 90.6 | 107 | 86.9% |
| Germany | 8.4 | 8.5 | 75.1 | 89.0 | 119.6% |
| Sweden | 29.6 | 23.2 | 18.6 | 19.7 | -12.7% |
| Turkey | 178 | 71.2 | 1.6 | 1.6 | -79.2% |
| Oman | N/A | 711 | N/A | N/A | 0% |
| Others | 610 | 302 | 95.8 | 109 | -43.7% |
| Total | 1,531 | 1,844 | 1,231 | 1,537 | 0.1% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Iran in 2022:
- Turkey (undefined tons)
- China (10.0 tons)
- United Arab Emirates (9.7 tons)
- India (7.2 tons)
- Sweden (6.7 tons)
- Hong Kong SAR (4.3 tons)
- South Korea (4.2 tons)
- Austria (3.8 tons)
- Germany (2.8 tons)
Exports of Nickel; Wire, of Nickel Alloys in Iran
Nickel; wire, of nickel alloys exports from Iran fell markedly to 1.4 tons in 2022, with a decrease of -26.8% compared with 2021. Over the period under review, exports continue to indicate a precipitous slump.
In value terms, nickel; wire, of nickel alloys exports fell significantly to $33K in 2022. In general, exports recorded a drastic downturn.
| Export of Nickel; Wire, of Nickel Alloys in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Ireland | N/A | 16.1 | 0% | ||
| Iraq | 39.1 | N/A | 0% | ||
| Others | N/A | 16.9 | 0% | ||
| Total | 39.1 | 33.0 | -15.6% | ||
Top Export Markets for Nickel; Wire, of Nickel Alloys from Iran in 2022:
- Ireland (259.0 kg)
1562
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