Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $51,945 per ton, picking up by 45% against the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 81%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 France amounted to +27.7% per year.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $37,222 per ton, with an increase of 22% against the previous year. In general, the export price saw a temperate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, 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 +2.8% per year.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico
For the third consecutive year, Mexico recorded decline in supplies from abroad of nickel; bars, rods and profiles, not alloyeds, which decreased by -22.8% to 2.6 tons in 2022. Overall, imports saw a precipitous decline.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds rose sharply to $136K in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 21%.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 203 | 92.0 | 121 | 136 | -12.5% |
| Germany | 2.9 | 8.0 | N/A | N/A | 175.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 205 | 100 | 121 | 136 | -12.8% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Mexico in 2022:
- United States (2.6 tons)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico
In 2022, after two years of decline, there was significant decline in overseas shipments of nickel; bars, rods and profiles, not alloyeds, when their volume decreased by -68.2% to 27 kg. In general, exports continue to indicate a precipitous setback.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds contracted markedly to $1K in 2022. Over the period under review, exports continue to indicate a precipitous slump.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 70.2 | N/A | 2.6 | 1.0 | -75.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 70.2 | N/A | 2.6 | 1.0 | -75.8% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Mexico in 2022:
- United States (27.0 kg)
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