Price for Nickel Oxides and Hydroxides in Mexico - 2022
Contents:
- Price for Nickel Oxides and Hydroxides in Mexico (CIF) - 2022
- Imports of Nickel Oxides and Hydroxides in Mexico
Price for Nickel Oxides and Hydroxides in Mexico (CIF) - 2022
The average nickel oxides and hydroxides import price stood at $18,630 per ton in 2022, picking up by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $19,815 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.0% per year.
Imports of Nickel Oxides and Hydroxides in Mexico
In 2022, purchases abroad of nickel oxides and hydroxideses decreased by -98.9% to 798 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 759%. As a result, imports reached the peak of 75 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel oxides and hydroxides imports declined dramatically to $15K in 2022. In general, imports showed a significant decline. The growth pace was the most rapid in 2020 with an increase of 785% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Nickel Oxides and Hydroxides in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.9 | 15.9 | 47.5 | 14.9 | 98.7% |
Japan | 6.0 | 153 | 167 | N/A | 427.6% |
Belgium | 8.0 | 65.1 | 10.9 | N/A | 16.7% |
Philippines | 10.2 | 115 | 131 | N/A | 258.4% |
Netherlands | 45.7 | 347 | 347 | N/A | 175.6% |
Others | 54.3 | 419 | 368 | N/A | 160.3% |
Total | 126 | 1,115 | 1,072 | 14.9 | -50.9% |
Top Suppliers of Nickel Oxides and Hydroxides to Mexico in 2022:
- United States (798.0 kg)
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