Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Dominican Republic - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Dominican Republic (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Dominican Republic
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Dominican Republic (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $63,147 per ton in 2022, shrinking by -80.1% against the previous year. Overall, the import price, however, saw a measured increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 337%. The import price peaked at $397,000 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($283,216 per ton), while the price for China ($25,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Dominican Republic
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into the Dominican Republic surged to 252 kg, with an increase of 320% on 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses contracted sharply to $16K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 132%. As a result, imports reached the peak of $19K, and then contracted dramatically in the following year.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 7.3 | 19.0 | 10.5 | 50.2% |
| China | 1.2 | 0.3 | N/A | 3.2 | 38.7% |
| United States | 0.1 | N/A | N/A | 2.2 | 180.2% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 4.3 | 8.2 | 19.0 | 15.9 | 54.6% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to the Dominican Republic in 2022:
- China (128.0 kg)
- United States (87.0 kg)
- Germany (37.0 kg)
1582
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