Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Venezuela - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Venezuela (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Venezuela

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Venezuela (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $43,705 per ton, with an increase of 24% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $69,056 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($58,710 per ton), while the price for Germany ($6,625 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 (-0.4%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Venezuela

In 2022, approx. 44 kg of nickel; bars, rods and profiles, of nickel alloyses were imported into Venezuela; increasing by 7.3% on the previous year's figure. In general, imports, however, faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 7.9% against the previous year.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $1.9K in 2022. Over the period under review, imports, however, saw a drastic downturn.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,3581,0221,3711,820-8.3%
Germany21415.028.053.0-37.2%
Brazil12844.047.050.0-26.9%
OthersN/A8.0N/AN/A0%
Total2,7001,0891,4461,923-10.7%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Venezuela in 2022:

  1. United States (31.0 kg)
  2. Germany (8.0 kg)
  3. Brazil (5.0 kg)

Source: IndexBox Market Intelligence Platform

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