Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Chile - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Chile (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Chile

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Chile (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $51,340 per ton, growing by 19% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 257% against the previous year. Over the period under review, average import prices hit record highs at $87,857 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($82,000 per ton), while the price for India totaled $46,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Chile

In 2022, approx. 100 kg of nickel; bars, rods and profiles, not alloyeds were imported into Chile; rising by 133% against 2021 figures. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 2,660% against the previous year. As a result, imports reached the peak of 138 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds soared to $5.1K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 9,766%. As a result, imports reached the peak of $10K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A4.40.83.3-13.4%
ChinaN/A2.70.3N/A-88.9%
GermanyN/A2.10.2N/A-90.5%
IsraelN/AN/A0.4N/A0%
OthersN/A0.80.11.954.1%
Total0.110.11.95.1270.8%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Chile in 2022:

  1. India (71.0 kg)

Source: IndexBox Market Intelligence Platform

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