Price for Nickel; Unwrought, Not Alloyed in Paraguay - 2023

Contents:

  1. Price for Nickel; Unwrought, Not Alloyed in Paraguay (CIF) - 2022
  2. Imports of Nickel; Unwrought, Not Alloyed in Paraguay

Price for Nickel; Unwrought, Not Alloyed in Paraguay (CIF) - 2022

In 2022, the average nickel; unwrought, not alloyed import price amounted to $38,467 per ton, with an increase of 34% against the previous year. Over the period under review, the import price recorded prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2015 to 2022, the rate of growth in terms of prices for Brazil amounted to +11.5% per year.

Imports of Nickel; Unwrought, Not Alloyed in Paraguay

In 2022, nickel; unwrought, not alloyed imports into Paraguay rose remarkably to 1.6 tons, increasing by 9.9% on the previous year. Over the period under review, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. As a result, imports attained the peak of 3.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; unwrought, not alloyed imports soared to $63K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports reached the peak of $79K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Nickel; Unwrought, Not Alloyed in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil50.944.342.662.57.1%
ChinaN/A34.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total50.978.742.662.57.1%

Top Suppliers of Nickel; Unwrought, Not Alloyed to Paraguay in 2022:

  1. Brazil (1.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, not alloyed - Paraguay