Nickel; Unwrought, Alloys Price in Brazil - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Brazil (CIF) - 2022
- Nickel; Unwrought, Alloys Price in Brazil (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Brazil
- Nickel; Unwrought, Alloys Exports in Brazil
Nickel; Unwrought, Alloys Price in Brazil (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $32,210 per ton in 2022, jumping by 45% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, alloys import price increased by +42.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($33,542 per ton), while the price for the United States stood at $30,785 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Nickel; Unwrought, Alloys Price in Brazil (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $13,863 per ton, increasing by 92% against the previous year. In general, the export price, however, saw a pronounced decline. The growth pace was the most rapid in 2016 an increase of 195%. As a result, the export price reached the peak level of $24,381 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($31,909 per ton), while the average price for exports to the United States amounted to $11,013 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+14.9%), while the prices for the other major destinations experienced a decline.
Nickel; Unwrought, Alloys Imports in Brazil
After three years of growth, supplies from abroad of nickel; unwrought, alloyses decreased by -23.5% to 135 tons in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +20.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of 177 tons, and then declined rapidly in the following year.
In value terms, nickel; unwrought, alloys imports totaled $4.4M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +71.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Nickel; Unwrought, Alloys in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 2.1 | 2.7 | 3.1 | 24.7% |
| Belgium | 0.7 | 0.5 | 1.2 | 1.2 | 19.7% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 2.5 | 2.7 | 3.9 | 4.4 | 20.7% |
Top Suppliers of Nickel; Unwrought, Alloys to Brazil in 2022:
- United States (99.4 tons)
- Belgium (35.1 tons)
Nickel; Unwrought, Alloys Exports in Brazil
Nickel; unwrought, alloys exports from Brazil shrank remarkably to 15 tons in 2022, which is down by -44.3% against 2021. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, the exports reached the peak of 26 tons, and then dropped rapidly in the following year.
In value terms, nickel; unwrought, alloys exports rose markedly to $204K in 2022. Overall, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 89% against the previous year.
| Export of Nickel; Unwrought, Alloys in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 129 | 58.0 | 176 | 140 | 2.8% |
| Paraguay | N/A | 42.4 | 14.5 | 64.1 | 23.0% |
| Netherlands | 90.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | 0.4 | 0.1 | -29.3% |
| Total | 219 | 101 | 191 | 204 | -2.3% |
Top Export Markets for Nickel; Unwrought, Alloys from Brazil in 2022:
- United States (12.7 tons)
- Paraguay (2.0 tons)
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This report provides an in-depth analysis of the nickel market in Brazil.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Brazil.
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This report provides an in-depth analysis of the nickel market in Brazil.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
887
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...
1022
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%
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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
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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.
276
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1220
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...
887
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...
1022
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%
