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

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Peru (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Peru (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Peru
  4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Peru

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

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $32,277 per ton, with a decrease of -4.4% against the previous year. In general, the import price showed a mild slump. The pace of growth appeared the most rapid in 2019 an increase of 43%. The import price peaked at $50,334 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +29.1% per year.

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

The average export price for nickel; bars, rods and profiles, not alloyeds stood at $23,427 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices reached the maximum at $28,616 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -2.0% per year.

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

For the fourth year in a row, Peru recorded growth in purchases abroad of nickel; bars, rods and profiles, not alloyeds, which increased by 56% to 6.4 tons in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 743%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $207K in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 773%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.012.078.1204183.0%
Germany1.62.114.1N/A196.9%
Netherlands0.50.86.1N/A249.3%
BrazilN/AN/A36.0N/A0%
Others1.10.94.23.141.3%
Total12.215.9139207157.0%

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

  1. India (6.4 tons)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Peru

Exports of nickel; bars, rods and profiles, not alloyeds from Peru fell to 1.1 tons in 2022, which is down by -6.3% on 2021. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 15%.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds shrank to $26K in 2022. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 12%.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil36.924.127.125.6-11.5%
OthersN/AN/AN/AN/A0%
Total36.924.127.125.6-11.5%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Peru in 2022:

  1. Brazil (1.1 tons)

Source: IndexBox Market Intelligence Platform

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