Price for Nickel; Plates, Sheets, Strip and Foil in Colombia - 2022

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Colombia (CIF) - 2022
  2. Imports of Nickel; Plates, Sheets, Strip and Foil in Colombia

Price for Nickel; Plates, Sheets, Strip and Foil in Colombia (CIF) - 2022

In 2022, the average import price for nickel; plates, sheets, strip and foils amounted to $19,933 per ton, dropping by -34.6% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 15%. As a result, import price reached the peak level of $37,692 per ton. From 2015 to 2022, the average import prices remained at a 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 Germany ($30,009 per ton), while the price for France ($12,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil in Colombia

For the fourth year in a row, Colombia recorded growth in overseas purchases of nickel; plates, sheets, strip and foils, which increased by 184% to 21 tons in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 230%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foils soared to $420K in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 226%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.32.591.4117630.6%
China19.714.55.010273.0%
France12.031.679.2101103.4%
Germany0.53.49.365.2407.1%
United States25.011.017.826.11.4%
Others3.16.222.88.037.2%
Total60.669.322642090.7%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Colombia in 2022:

  1. France (8.2 tons)
  2. Hong Kong SAR (5.5 tons)
  3. China (3.8 tons)
  4. Germany (2.2 tons)
  5. United States (1.0 tons)

Source: IndexBox Market Intelligence Platform

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