Price for Nickel; Wire, Not Alloyed in Iraq - 2022

Contents:

  1. Price for Nickel; Wire, Not Alloyed in Iraq (CIF) - 2022
  2. Imports of Nickel; Wire, Not Alloyed in Iraq

Price for Nickel; Wire, Not Alloyed in Iraq (CIF) - 2022

The average nickel; wire, not alloyed import price stood at $10,627 per ton in 2022, increasing by 12% against the previous year. Overall, import price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +31.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, not alloyed import price increased by +73.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2020 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +12.0% per year.

Imports of Nickel; Wire, Not Alloyed in Iraq

In 2022, nickel; wire, not alloyed imports into Iraq skyrocketed to 714 kg, picking up by 37% compared with the year before. Overall, imports, however, faced a sharp decline.

In value terms, nickel; wire, not alloyed imports soared to $7.6K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Import of Nickel; Wire, Not Alloyed in Iraq (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab EmiratesN/A4.97.655.1%
United States7.6N/AN/A0%
OthersN/AN/AN/A0%
Total7.64.97.60.0%

Top Suppliers of Nickel; Wire, Not Alloyed to Iraq in 2022:

  1. United Arab Emirates (714.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Nickel; wire, not alloyed - Iraq