Nickel; Unwrought, Alloys Price in Azerbaijan - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Azerbaijan (CIF) - 2022
- Nickel; Unwrought, Alloys Imports in Azerbaijan
Nickel; Unwrought, Alloys Price in Azerbaijan (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $29,029 per ton, which is down by -27.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 122%. Over the period under review, average import prices reached the peak figure at $40,269 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($54,112 per ton), while the price for Belgium ($17,941 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Nickel; Unwrought, Alloys Imports in Azerbaijan
In 2022, imports of nickel; unwrought, alloyses into Azerbaijan surged to 7 tons, growing by 615% on the previous year's figure. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, alloys imports soared to $205K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 14.4 | 24.7 | 12.3 | 108 | 95.7% |
| Belgium | 51.0 | 4.2 | 4.8 | 85.6 | 18.8% |
| South Africa | N/A | N/A | 5.4 | 9.5 | 75.9% |
| Germany | 13.7 | 2.3 | 17.1 | 1.1 | -56.9% |
| Japan | N/A | 5.7 | N/A | N/A | 0% |
| Turkey | 23.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 102 | 36.8 | 39.7 | 205 | 26.2% |
Top Suppliers of Nickel; Unwrought, Alloys to Azerbaijan in 2022:
- Germany (undefined tons)
- Belgium (4.8 tons)
- Italy (2.0 tons)
- South Africa (0.3 tons)
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This report provides an in-depth analysis of the nickel market in Azerbaijan.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Azerbaijan.
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This report provides an in-depth analysis of the nickel market in Azerbaijan.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1011
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1203
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
841
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1011
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
