Nickel Matte Market in Kuwait
In value terms, nickel matte production declined slightly to $ in estimated in export price. Overall, the total production indicated temperate growth from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in , and then fell slightly in the following year.
The size of the nickel matte market in Kuwait shrank modestly to $ in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a perceptible shrinkage. Nickel matte consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.