Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Ecuador - 2022

Contents:

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

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

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $28,862 per ton, growing by 68% against the previous year. In general, the import price, however, showed a mild contraction. The growth pace was the most rapid in 2021 when the average import price increased by 94%. The import price peaked at $52,364 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.7% per year.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; bars, rods and profiles, not alloyeds, when their volume increased by 1,174% to 535 kg. In general, imports, however, saw a sharp curtailment.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $15K in 2022. Overall, imports, however, saw a sharp slump.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.51.70.715.3-31.5%
ChinaN/A0.4N/A0.1-50.0%
OthersN/AN/A0.1N/A0%
Total47.52.10.715.4-31.3%

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

  1. United States (532.0 kg)
  2. China (3.0 kg)

Source: IndexBox Market Intelligence Platform

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