Chlorides; of Nickel Price in Oman - 2021

Contents:

  1. Chlorides; of Nickel Price in Oman (CIF) - 2022
  2. Chlorides; of Nickel Imports in Oman

Chlorides; of Nickel Price in Oman (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $6,967 per ton, dropping by -65.5% against the previous year. Over the period under review, the import price, however, posted a noticeable increase. The growth pace was the most rapid in 2019 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $20,217 per ton in 2021, and then contracted remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +6.7% per year.

Chlorides; of Nickel Imports in Oman

In 2022, approx. 184 kg of chlorides; of nickels were imported into Oman; rising by 74% compared with 2021 figures. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 265% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, chlorides; of nickel imports contracted markedly to $1.3K in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 339%.

Import of Chlorides; of Nickel in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates56.04907651,282183.9%
India52.014692.0N/A33.0%
Others1675711,286N/A177.5%
Total2751,2072,1431,28267.1%

Top Suppliers of Chlorides; of Nickel to Oman in 2022:

  1. United Arab Emirates (184.0 kg)

Source: IndexBox Market Intelligence Platform

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