Price for Nickel; Bars, Rods, Profiles and Wire in Panama - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Panama (FOB) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Panama (CIF) - 2022
- Exports of Nickel; Bars, Rods, Profiles and Wire in Panama
- Imports of Nickel; Bars, Rods, Profiles and Wire in Panama
Price for Nickel; Bars, Rods, Profiles and Wire in Panama (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $52,612 per ton, dropping by -28.1% against the previous year. Overall, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 803% against the previous year. Over the period under review, the average export prices attained the maximum at $464,455 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to 0.0% per year.
Price for Nickel; Bars, Rods, Profiles and Wire in Panama (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $35,386 per ton, with an increase of 81% against the previous year. In general, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 1,097%. As a result, import price attained the peak level of $498,623 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 ($112,150 per ton), while the price for Mexico ($14,283 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3,693.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Bars, Rods, Profiles and Wire in Panama
In 2022, exports of nickel; bars, rods, profiles and wires from Panama surged to 1.1 tons, growing by 71% on the previous year's figure. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires soared to $60K in 2022. The total export value increased at an average annual rate of +23.0% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods, Profiles and Wire in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Poland | N/A | 59.9 | 0% | ||
| Costa Rica | 47.7 | N/A | 0% | ||
| Others | 1.0 | N/A | 0% | ||
| Total | 48.7 | 59.9 | 23.0% | ||
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Panama in 2022:
- Poland (1.1 tons)
Imports of Nickel; Bars, Rods, Profiles and Wire in Panama
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 -95.3% to 171 kg. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 746% against the previous year. As a result, imports attained the peak of 3.6 tons, and then shrank significantly in the following year.
In value terms, imports of nickel; bars, rods, profiles and wires dropped remarkably to $6.1K in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 493% against the previous year. As a result, imports attained the peak of $71K, and then fell markedly in the following year.
| Import of Nickel; Bars, Rods, Profiles and Wire in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.2 | N/A | 2.2 | 231.7% |
| Germany | 3.3 | 0.5 | 1.3 | 1.8 | -18.3% |
| Free Zones | N/A | N/A | 68.5 | 0.8 | -98.8% |
| Mexico | 0.3 | 0.8 | 1.7 | 0.7 | 32.6% |
| China | 0.2 | 0.5 | N/A | 0.5 | 35.7% |
| South Korea | N/A | 10.0 | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 4.0 | 12.1 | 71.5 | 6.1 | 15.1% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Panama in 2022:
- Mexico (46.0 kg)
- Free Zones (43.0 kg)
- Germany (38.0 kg)
- China (24.0 kg)
- United States (20.0 kg)
1573
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
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In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
888
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
640
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...
