Price for Nickel; Unwrought, Not Alloyed in Kenya - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Kenya (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Kenya
Price for Nickel; Unwrought, Not Alloyed in Kenya (CIF) - 2022
The average nickel; unwrought, not alloyed import price stood at $11,566 per ton in 2022, reducing by -40% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 44% against the previous year. Over the period under review, average import prices attained the peak figure at $21,948 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($21,695 per ton), while the price for the United Arab Emirates ($6,268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Unwrought, Not Alloyed in Kenya
In 2022, the amount of nickel; unwrought, not alloyeds imported into Kenya skyrocketed to 2.3 tons, increasing by 89% against 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed imports expanded remarkably to $27K in 2022. Over the period under review, imports, however, showed a perceptible slump.
| Import of Nickel; Unwrought, Not Alloyed in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.8 | 5.9 | 4.8 | 12.6 | 29.5% |
| United Arab Emirates | N/A | N/A | N/A | 7.8 | 0% |
| South Africa | 21.4 | 22.9 | 18.0 | 4.9 | -38.8% |
| India | 1.7 | 1.3 | 0.8 | 1.5 | -4.1% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 28.8 | 30.0 | 23.7 | 26.9 | -2.2% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Kenya in 2022:
- United Arab Emirates (1251.0 kg)
- United Kingdom (774.0 kg)
- South Africa (226.0 kg)
- India (73.0 kg)
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This report provides an in-depth analysis of the nickel market in Kenya.
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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 Kenya.
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This report provides an in-depth analysis of the nickel market in Kenya.
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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...
1000
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.
85
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1191
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...
819
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...
1000
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%
