Price for Nickel; Wire, of Nickel Alloys in Morocco - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Morocco (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Morocco (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Morocco
- Exports of Nickel; Wire, of Nickel Alloys in Morocco
Price for Nickel; Wire, of Nickel Alloys in Morocco (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $53,639 per ton, surging by 25% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, of nickel alloys import price increased by +55.5% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 74%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($171,706 per ton), while the price for China ($19,915 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Morocco (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $54,681 per ton in 2022, reducing by -9.7% against the previous year. In general, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 219% against the previous year. The export price peaked at $215,810 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($210,846 per ton), while the average price for exports to France amounted to $24,418 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.2%).
Imports of Nickel; Wire, of Nickel Alloys in Morocco
In 2022, nickel; wire, of nickel alloys imports into Morocco fell markedly to 794 kg, declining by -49.9% compared with the previous year. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 373% against the previous year. As a result, imports reached the peak of 1.6 tons, and then fell remarkably in the following year.
In value terms, nickel; wire, of nickel alloys imports shrank dramatically to $43K in 2022. Over the period under review, imports, however, posted a notable expansion. The growth pace was the most rapid in 2021 when imports increased by 295% against the previous year. As a result, imports attained the peak of $68K, and then declined rapidly in the following year.
| Import of Nickel; Wire, of Nickel Alloys in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.8 | 2.8 | 11.2 | 10.1 | -2.2% |
| China | 15.8 | 1.8 | 10.4 | 9.4 | -15.9% |
| Italy | 2.2 | 3.3 | 6.2 | 5.6 | 36.5% |
| Netherlands | 4.4 | 0.3 | 4.5 | 4.1 | -2.3% |
| Belgium | 1.0 | 3.8 | 5.7 | 2.8 | 40.9% |
| United Kingdom | 0.6 | 0.5 | 2.1 | 1.9 | 46.8% |
| Sweden | 1.6 | 0.4 | 1.6 | 1.5 | -2.1% |
| Others | 2.8 | 4.4 | 26.2 | 7.2 | 37.0% |
| Total | 39.2 | 17.2 | 68.0 | 42.6 | 2.8% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Morocco in 2022:
- China (473.0 kg)
- France (116.0 kg)
- Netherlands (50.0 kg)
- United Kingdom (35.0 kg)
- Italy (33.0 kg)
- Sweden (32.0 kg)
- Belgium (24.0 kg)
Exports of Nickel; Wire, of Nickel Alloys in Morocco
In 2022, exports of nickel; wire, of nickel alloyses from Morocco was estimated at 83 kg, with an increase of 11% compared with 2021. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; wire, of nickel alloys exports amounted to $4.5K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern.
| Export of Nickel; Wire, of Nickel Alloys in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 2.8 | 2.8 | 2.8 | 0.0% |
| France | 1.8 | 1.8 | 1.7 | 1.7 | -1.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 4.6 | 4.5 | 4.5 | -0.7% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Morocco in 2022:
- France (69.0 kg)
- United States (13.0 kg)
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