Price for Nickel; Bars, Rods, Profiles and Wire in Tunisia - 2022

Contents:

  1. Price for Nickel; Bars, Rods, Profiles and Wire in Tunisia (CIF) - 2022
  2. Price for Nickel; Bars, Rods, Profiles and Wire in Tunisia (FOB) - 2022
  3. Imports of Nickel; Bars, Rods, Profiles and Wire in Tunisia
  4. Exports of Nickel; Bars, Rods, Profiles and Wire in Tunisia

Price for Nickel; Bars, Rods, Profiles and Wire in Tunisia (CIF) - 2022

The average import price for nickel; bars, rods, profiles and wires stood at $36,755 per ton in 2022, with an increase of 25% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2018 when the average import price increased by 26%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($51,793 per ton), while the price for the United Arab Emirates ($3,830 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.3%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Bars, Rods, Profiles and Wire in Tunisia (FOB) - 2022

In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $34,452 per ton, declining by -55% against the previous year. In general, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 148% against the previous year. The export price peaked at $77,261 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($41,240 per ton), while the average price for exports to the Netherlands ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-18.7%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Bars, Rods, Profiles and Wire in Tunisia

Imports of nickel; bars, rods, profiles and wires into Tunisia surged to 352 tons in 2022, jumping by 24% against the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year.

In value terms, imports of nickel; bars, rods, profiles and wires soared to $13M in 2022. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods, Profiles and Wire in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,5835,0091,7443,82234.2%
Austria26.1164522637190.1%
United Arab EmiratesN/AN/AN/A3120%
Germany77.156.946.017030.2%
France83.375.639.284.20.4%
United States43968122261.2-48.1%
Others8,0682065,7267,868-0.8%
Total10,2766,1948,30012,9548.0%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Tunisia in 2022:

  1. United Arab Emirates (81.4 tons)
  2. United Kingdom (75.8 tons)
  3. Austria (16.4 tons)
  4. Germany (3.3 tons)
  5. France (2.9 tons)
  6. United States (1.9 tons)

Exports of Nickel; Bars, Rods, Profiles and Wire in Tunisia

In 2022, the amount of nickel; bars, rods, profiles and wires exported from Tunisia declined rapidly to 31 kg, with a decrease of -96.2% against the year before. In general, exports saw a sharp decline. The smallest decline of -39% was in 2020.

In value terms, exports of nickel; bars, rods, profiles and wires reduced notably to $1.1K in 2022. Over the period under review, exports recorded a dramatic decrease. The smallest decline of -35% was in 2020.

Export of Nickel; Bars, Rods, Profiles and Wire in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19012462.21.0-82.6%
United KingdomN/AN/AN/AN/A0%
France0.70.20.4N/A-24.4%
NetherlandsN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19112462.61.1-82.1%

Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Tunisia in 2022:

  1. United States (25.0 kg)
  2. United Kingdom (4.0 kg)
  3. Netherlands (1.0 kg)
  4. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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