Chlorides; of Nickel Price in Egypt - 2023
Contents:
Chlorides; of Nickel Price in Egypt (CIF) - 2022
The average chlorides; of nickel import price stood at $6,702 per ton in 2022, with an increase of 33% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of nickel import price increased by +21.7% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 145%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,702 per ton), while the price for Italy ($6,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+162.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Nickel Imports in Egypt
Chlorides; of nickel imports into Egypt contracted remarkably to 14 tons in 2022, which is down by -75.1% compared with 2021. Overall, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 53%.
In value terms, chlorides; of nickel imports dropped sharply to $95K in 2022. In general, imports showed a precipitous decrease. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of $286K, and then fell remarkably in the following year.
| Import of Chlorides; of Nickel in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 107 | 79.3 | 103 | 37.7 | -29.4% |
| Italy | 34.1 | 11.1 | 16.2 | 30.2 | -4.0% |
| Germany | 38.7 | 39.9 | 26.2 | 26.0 | -12.4% |
| Spain | 40.1 | 28.6 | 27.5 | N/A | -17.2% |
| South Korea | 38.6 | 6.9 | 15.1 | N/A | -37.5% |
| Turkey | 6.7 | 4.4 | 3.9 | N/A | -23.7% |
| Others | 16.3 | 27.1 | 94.4 | 1.0 | -60.6% |
| Total | 281 | 197 | 286 | 95.0 | -30.3% |
Top Suppliers of Chlorides; of Nickel to Egypt in 2022:
- France (5.6 tons)
- Italy (4.5 tons)
- Germany (3.9 tons)
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