Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Sri Lanka - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Sri Lanka (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Sri Lanka

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Sri Lanka (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $78,930 per ton, growing by 108% against the previous year. Overall, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($90,735 per ton), while the price for India ($28,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+39.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Sri Lanka

Imports of nickel; bars, rods and profiles, of nickel alloyses into Sri Lanka soared to 285 kg in 2022, jumping by 74% on the previous year's figure. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 447% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $22K in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 364%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.00.52.018.1162.6%
Germany0.1N/A0.33.7233.2%
IndiaN/AN/A0.10.7600.0%
Hong Kong SAR0.40.20.8N/A41.4%
United Kingdom0.80.52.0N/A58.1%
France0.30.10.8N/A63.3%
NetherlandsN/AN/A0.3N/A0%
OthersN/AN/AN/AN/A0%
Total2.61.36.222.5105.3%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Sri Lanka in 2022:

  1. Japan (200.0 kg)
  2. Germany (61.0 kg)
  3. India (24.0 kg)

Source: IndexBox Market Intelligence Platform

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