Price for Nickel; Unwrought, Not Alloyed in Panama - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Panama (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Panama
Price for Nickel; Unwrought, Not Alloyed in Panama (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $21,082 per ton, approximately reflecting the previous year. In general, import price indicated prominent growth from 2019 to 2022: its price increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, not alloyed import price increased by +59.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $21,228 per ton, leveling off in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($101,250 per ton), while the price for the UK totaled $20,762 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+74.7%).
Imports of Nickel; Unwrought, Not Alloyed in Panama
In 2022, nickel; unwrought, not alloyed imports into Panama soared to 10 tons, growing by 250% against the previous year. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed imports skyrocketed to $212K in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 46.8 | 119 | 60.9 | 208 | 64.4% |
| United States | 33.7 | N/A | N/A | 4.0 | -50.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 80.5 | 119 | 60.9 | 212 | 38.1% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Panama in 2022:
- United Kingdom (10.0 tons)
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This report provides an in-depth analysis of the nickel market in Panama.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Panama.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
906
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
