Price for Nickel; Unwrought, Not Alloyed in Paraguay - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Paraguay (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 50.9 | 44.3 | 42.6 | 62.5 | 7.1% |
China | N/A | 34.4 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 50.9 | 78.7 | 42.6 | 62.5 | 7.1% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Paraguay in 2022:
- Brazil (1.6 tons)
This report provides an in-depth analysis of the nickel market in Paraguay.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Paraguay.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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...
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...
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%
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
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.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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...
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...
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%