Price for Nickel; Bars, Rods, Profiles and Wire in Guatemala - 2023

Contents:

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

Price for Nickel; Bars, Rods, Profiles and Wire in Guatemala (CIF) - 2022

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $91,082 per ton, jumping by 45% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 144% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($159,353 per ton), while the price for the United States ($70,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+97.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods, Profiles and Wire in Guatemala

In 2022, after three years of growth, there was significant decline in overseas purchases of nickel; bars, rods, profiles and wires, when their volume decreased by -79.9% to 110 kg. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 131%.

In value terms, imports of nickel; bars, rods, profiles and wires reduced notably to $10K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 368% against the previous year.

Import of Nickel; Bars, Rods, Profiles and Wire in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1.713.26.55.043.3%
Germany1.31.51.52.727.6%
BrazilN/A0.80.61.432.3%
United States1.64.43.80.6-27.9%
ChinaN/A1.9N/A0.4-54.1%
FranceN/AN/A20.9N/A0%
Others0.10.71.1N/A231.7%
Total4.822.434.510.027.7%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Guatemala in 2022:

  1. Mexico (64.0 kg)
  2. Germany (17.0 kg)
  3. Brazil (16.0 kg)
  4. United States (8.0 kg)
  5. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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