Price for Nickel; Tubes and Pipes, of Nickel Alloys in Iraq - 2022
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in Iraq (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Iraq
Price for Nickel; Tubes and Pipes, of Nickel Alloys in Iraq (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $49,695 per ton in 2022, with a decrease of -8.5% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes and pipes, of nickel alloyses decreased by -17.3% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 64% against the previous year. Over the period under review, average import prices hit record highs at $60,114 per ton in 2019; however, from 2020 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 the Netherlands ($117,955 per ton), while the price for Turkey ($5,701 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Iraq
In 2022, purchases abroad of nickel; tubes and pipes, of nickel alloyses was finally on the rise to reach 16 tons after two years of decline. Over the period under review, imports, however, showed a drastic downturn.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses surged to $816K in 2022. Overall, imports, however, faced a abrupt slump.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.1 | 36.1 | 59.3 | 398 | 126.8% |
| United States | 57.5 | 19.4 | 59.4 | 207 | 53.3% |
| United Arab Emirates | 157 | 281 | 70.6 | 163 | 1.3% |
| South Korea | 839 | 204 | 76.6 | 26.9 | -68.2% |
| United Kingdom | 93.1 | 57.0 | 56.6 | 8.0 | -55.9% |
| Italy | N/A | 37.2 | N/A | 4.7 | -64.5% |
| Turkey | 2.4 | 0.9 | 0.9 | 2.1 | -4.4% |
| Others | 15.2 | 1.6 | 23.0 | 5.9 | -27.1% |
| Total | 1,199 | 636 | 346 | 816 | -12.0% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Iraq in 2022:
- China (7.2 tons)
- United States (6.3 tons)
- United Arab Emirates (2.0 tons)
- Turkey (0.4 tons)
- South Korea (0.3 tons)
- Italy (0.2 tons)
- United Kingdom (0.1 tons)
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