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Brazil - Unwrought Nickel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNickel Price in Brazil - 2023
Contents:
- Nickel Price in Brazil (CIF) - 2023
- Nickel Price in Brazil (FOB) - 2022
- Nickel Imports in Brazil
- Nickel Exports in Brazil
Nickel Price in Brazil (CIF) - 2023
The average nickel import price stood at $22,485 per ton in September 2023, falling by -2.3% against the previous month. Over the period under review, the import price showed a slight setback. The pace of growth was the most pronounced in January 2023 when the average import price increased by 10% month-to-month. Over the period under review, average import prices reached the maximum at $31,252 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were the UK ($27,159 per ton) and Norway ($22,733 per ton), while the price for Switzerland ($20,711 per ton) and Russia ($21,519 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (0.0%), while the prices for the other major suppliers experienced a decline.
Nickel Price in Brazil (FOB) - 2022
In 2022, the average nickel export price amounted to $16,209 per ton, increasing by 25% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 143% against the previous year. The export price peaked at $33,210 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($15,415 per ton), while the average price for exports to the United States ($11,013 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 the Netherlands (-0.4%), while the prices for the other major destinations experienced a decline.
Nickel Imports in Brazil
In 2022, the amount of unwrought nickel imported into Brazil contracted to 6.5K tons, declining by -12.7% against the year before. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 7.5K tons, and then contracted in the following year.
In value terms, nickel imports surged to $171M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 109%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Nickel in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 23.5 | 36.3 | 76.9 | 82.0 | 51.7% |
Finland | 11.3 | 10.1 | 9.4 | 24.6 | 29.6% |
Russia | 28.9 | 8.0 | 14.4 | 20.3 | -11.1% |
Canada | 9.0 | 6.2 | 18.7 | 13.7 | 15.0% |
France | 1.0 | 0.7 | 0.5 | 9.5 | 111.8% |
South Africa | 2.7 | 1.7 | 4.2 | 7.3 | 39.3% |
Japan | 2.2 | 0.8 | 4.5 | 2.9 | 9.6% |
Others | 7.2 | 4.0 | 13.3 | 10.4 | 13.0% |
Total | 85.8 | 67.9 | 142 | 171 | 25.8% |
Top Suppliers of Nickel to Brazil in 2022:
- Norway (3040.0 tons)
- Finland (915.7 tons)
- Russia (878.5 tons)
- Canada (532.0 tons)
- France (386.8 tons)
- South Africa (281.3 tons)
- Japan (129.2 tons)
Nickel Exports in Brazil
In 2022, exports of unwrought nickel from Brazil surged to 88 tons, rising by 78% on the year before. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 199%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, nickel exports soared to $1.4M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 183% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Nickel in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | N/A | 6.2 | 411 | 1,059 | 1206.9% |
United States | 129 | 58.0 | 176 | 140 | 2.8% |
Paraguay | 17.7 | 82.7 | 53.5 | 93.7 | 74.3% |
Netherlands | 90.0 | N/A | N/A | N/A | 0% |
Others | 145 | 81.1 | 4.9 | 140 | -1.2% |
Total | 381 | 228 | 645 | 1,433 | 55.5% |
Top Export Markets for Nickel from Brazil in 2022:
- Argentina (68.7 tons)
- United States (12.7 tons)
- Paraguay (6.2 tons)
This report provides an in-depth analysis of the nickel market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24451100 - Nickel, unwrought
- Prodcom 24451110 -
- Prodcom 24451120 -
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the nickel market in Brazil.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Brazil.
This report provides an in-depth analysis of the nickel market in Brazil.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%