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

Contents:

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

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

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $5,508 per ton, approximately mirroring the previous year. Overall, the import price, however, faced a drastic downturn. The growth pace was the most rapid in 2016 an increase of 28%. The import price peaked at $33,508 per ton in 2012; however, from 2013 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +184.7% per year.

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

In 2022, imports of nickel; bars, rods and profiles, not alloyeds into Venezuela dropped rapidly to 124 kg, which is down by -20.5% against the previous year. Over the period under review, imports faced a sharp reduction. The smallest decline of -20% was in 2021.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds fell markedly to $683 in 2022. Overall, imports continue to indicate a sharp decline.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3331,067853683-20.0%
OthersN/AN/AN/AN/A0%
Total1,3331,067853683-20.0%

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

  1. United States (124.0 kg)

Source: IndexBox Market Intelligence Platform

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