Sulphates; of Nickel Price in Iran - 2021
Contents:
Sulphates; of Nickel Price in Iran (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $6,674 per ton, with an increase of 39% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of nickel import price increased by +59.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,771 per ton), while the price for Turkey stood at $6,593 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Nickel Imports in Iran
In 2022, approx. 425 tons of sulphates; of nickels were imported into Iran; picking up by 3.7% against the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; of nickel imports surged to $2.8M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 385 | 842 | 1,365 | 1,593 | 60.5% |
| Italy | 336 | 157 | 299 | 617 | 22.5% |
| India | N/A | 91.2 | N/A | N/A | 0% |
| Others | 363 | 276 | 299 | 626 | 19.9% |
| Total | 1,084 | 1,366 | 1,963 | 2,836 | 37.8% |
Top Suppliers of Sulphates; of Nickel to Iran in 2022:
- Turkey (241.6 tons)
- Italy (91.2 tons)
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