Price for Nickel; Bars, Rods, Profiles and Wire in Ecuador - 2022
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Ecuador (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Ecuador (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Ecuador
- Exports of Nickel; Bars, Rods, Profiles and Wire in Ecuador
Price for Nickel; Bars, Rods, Profiles and Wire in Ecuador (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $68,342 per ton, surging by 12% against the previous year. Over the period under review, the import price showed noticeable growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 99%. As a result, import price attained the peak level of $200,136 per ton. From 2020 to 2022, the average import prices remained 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 the United Arab Emirates ($238,473 per ton), while the price for China ($47,548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Ecuador (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $43,633 per ton, picking up by 28% against the previous year. In general, the export price saw measured growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 65%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($114,594 per ton), while the average price for exports to Norway ($7,199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-3.1%).
Imports of Nickel; Bars, Rods, Profiles and Wire in Ecuador
In 2022, the amount of nickel; bars, rods, profiles and wires imported into Ecuador soared to 5.4 tons, increasing by 228% compared with 2021 figures. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods, profiles and wires soared to $371K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 29.3 | 68.2 | 206 | 263.2% |
| United States | 13.6 | 10.2 | 14.7 | 84.8 | 84.1% |
| United Arab Emirates | 8.2 | 1.1 | 7.1 | 34.8 | 61.9% |
| Peru | 3.6 | 1.3 | 4.1 | 15.6 | 63.0% |
| Germany | 7.3 | 2.8 | 2.9 | 5.1 | -11.3% |
| Turkey | 50.5 | 17.1 | N/A | N/A | -66.1% |
| Others | 53.3 | 2.8 | 4.3 | 24.8 | -22.5% |
| Total | 141 | 64.4 | 101 | 371 | 38.1% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Ecuador in 2022:
- China (4324.0 kg)
- United States (728.0 kg)
- United Arab Emirates (146.0 kg)
- Peru (95.0 kg)
- Germany (66.0 kg)
Exports of Nickel; Bars, Rods, Profiles and Wire in Ecuador
In 2022, the amount of nickel; bars, rods, profiles and wires exported from Ecuador skyrocketed to 864 kg, picking up by 80% on 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 598% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires skyrocketed to $38K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 579%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Nickel; Bars, Rods, Profiles and Wire in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 20.6 | 0% |
| Singapore | 1.2 | 7.2 | 13.3 | 15.4 | 134.1% |
| Norway | 0.2 | 1.1 | 3.0 | 1.7 | 104.1% |
| Malaysia | N/A | 2.7 | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 1.6 | 11.0 | 16.3 | 37.7 | 186.7% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Ecuador in 2022:
- Singapore (448.0 kg)
- Norway (236.0 kg)
- Austria (180.0 kg)
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