Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Egypt - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Egypt (CIF) - 2022
  2. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Egypt

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Egypt (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $40,614 per ton in 2022, jumping by 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 79%. Over the period under review, average import prices reached the maximum at $41,716 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($41,132 per ton), while the price for the United States ($40,578 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Egypt

In 2022, approx. 8.4 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were imported into Egypt; waning by -61.6% on 2021. In general, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 183%. As a result, imports reached the peak of 22 tons, and then reduced remarkably in the following year.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses declined rapidly to $340K in 2022. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 208%. As a result, imports reached the peak of $758K, and then contracted markedly in the following year.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy30.929.50.1253101.6%
United States0.20.20.313.3305.1%
Germany19431.1N/A1.6-79.8%
NorwayN/AN/A223N/A0%
JapanN/A73.3N/AN/A0%
FranceN/A11253.6N/A-52.1%
FinlandN/AN/A120N/A0%
NetherlandsN/AN/A166N/A0%
Others47.6N/A19572.114.8%
Total2732467583407.6%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Egypt in 2022:

  1. Italy (6.2 tons)
  2. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform

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