Price for Nickel; Plates, Sheets, Strip and Foil in Kuwait - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Kuwait (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil in Kuwait (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Kuwait
- Exports of Nickel; Plates, Sheets, Strip and Foil in Kuwait
Price for Nickel; Plates, Sheets, Strip and Foil in Kuwait (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foils amounted to $35,300 per ton, increasing by 84% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $36,537 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($62,461 per ton), while the price for Taiwan (Chinese) ($14,824 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil in Kuwait (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foils stood at $13,252 per ton in 2022, increasing by 14% against the previous year. Overall, the export price saw a strong increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 200%. Over the period under review, the average export prices reached the maximum at $26,624 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +40.4% per year.
Imports of Nickel; Plates, Sheets, Strip and Foil in Kuwait
In 2022, supplies from abroad of nickel; plates, sheets, strip and foils was finally on the rise to reach 28 tons after two years of decline. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foils skyrocketed to $1M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Plates, Sheets, Strip and Foil in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 51.1 | 22.4 | 8.9 | 258 | 71.6% |
| Belgium | 54.6 | 42.0 | 35.4 | 159 | 42.8% |
| France | 33.5 | 28.2 | 25.9 | 127 | 55.9% |
| Germany | 91.0 | 18.1 | 5.8 | 126 | 11.5% |
| China | 27.3 | 0.9 | 26.2 | 118 | 62.9% |
| Japan | 37.6 | 29.6 | 7.6 | 86.6 | 32.1% |
| Taiwan (Chinese) | 8.1 | 6.5 | 5.7 | 26.4 | 48.3% |
| Others | 57.0 | 25.1 | 13.9 | 104 | 22.2% |
| Total | 360 | 173 | 129 | 1,005 | 40.8% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Kuwait in 2022:
- India (7.3 tons)
- Belgium (7.2 tons)
- China (3.7 tons)
- Germany (3.0 tons)
- France (2.0 tons)
- Japan (1.9 tons)
- Taiwan (Chinese) (1.8 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil in Kuwait
For the fourth year in a row, Kuwait recorded growth in overseas shipments of nickel; plates, sheets, strip and foils, which increased by 0.5% to 2.2 tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of nickel; plates, sheets, strip and foils rose remarkably to $29K in 2022. Over the period under review, exports, however, showed a perceptible setback.
| Export of Nickel; Plates, Sheets, Strip and Foil in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 21.8 | 29.0 | 14.0 | 29.0 | 10.0% |
| Germany | 11.0 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 11.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.7 | 29.0 | 25.3 | 29.0 | -3.9% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Kuwait in 2022:
- Saudi Arabia (2.2 tons)
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