Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kuwait - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kuwait (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kuwait
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kuwait (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $37,145 per ton in 2022, jumping by 19% against the previous year. In general, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 26% against the previous year. Over the period under review, average import prices reached the peak figure at $54,849 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($42,500 per ton), while the price for India ($13,759 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kuwait
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Kuwait surged to 26 tons, with an increase of 324% compared with the year before. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses surged to $979K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 13.0 | 38.0 | 749 | 1856.6% |
| Germany | 8.3 | 26.8 | 67.0 | 154 | 164.7% |
| India | 0.6 | 7.1 | 1.1 | 26.7 | 254.4% |
| France | 0.1 | 0.2 | 1.8 | 25.8 | 536.6% |
| United Arab Emirates | 3.4 | 3.2 | 6.7 | 10.0 | 43.3% |
| Austria | 7.3 | 33.3 | 58.9 | N/A | 184.1% |
| Others | 6.7 | 18.7 | 20.1 | 13.9 | 27.5% |
| Total | 26.3 | 102 | 194 | 979 | 233.9% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Kuwait in 2022:
- China (18.5 tons)
- Germany (3.8 tons)
- India (1.9 tons)
- France (1.5 tons)
- United Arab Emirates (0.2 tons)
1558
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