Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $40,885 per ton in 2022, growing by 33% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, of nickel alloyses increased by +75.0% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($67,951 per ton), while the price for China ($33,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $39,743 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 323%. Over the period under review, the average export prices attained the peak figure at $178,400 per ton in 2014; however, from 2015 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +63.4% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina
In 2022, approx. 314 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into Argentina; which is down by -23.2% against 2021 figures. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses stood at $13M in 2022. Overall, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 9.0 | 6.4 | 10.6 | 11.1 | 7.2% |
| China | 1.2 | 0.5 | 1.0 | 0.7 | -16.4% |
| United States | 0.6 | 0.2 | 0.3 | 0.5 | -5.9% |
| Germany | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Japan | 0.3 | 0.3 | 0.2 | N/A | -18.4% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 11.3 | 7.6 | 12.5 | 12.8 | 4.2% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Argentina in 2022:
- Brazil (272.7 tons)
- China (21.4 tons)
- Germany (8.0 tons)
- United States (7.6 tons)
- Japan (2.0 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina
In 2022, overseas shipments of nickel; bars, rods and profiles, of nickel alloyses decreased by 0% to 354 kg, falling for the second consecutive year after two years of growth. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,300% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses amounted to $14K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 865% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 14.1 | 0% |
| Singapore | N/A | 6.9 | N/A | N/A | 0% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 0.7 | 6.9 | N/A | 14.1 | 172.1% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Argentina in 2022:
- Germany (354.0 kg)
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