Price for Nickel; Unwrought, Not Alloyed in Venezuela - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Venezuela (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Venezuela
Price for Nickel; Unwrought, Not Alloyed in Venezuela (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $27,838 per ton, with a decrease of -3% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, not alloyed import price decreased by -14.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 35%. As a result, import price attained the peak level of $32,589 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 Brazil ($330,714 per ton), while the price for Italy ($4,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Unwrought, Not Alloyed in Venezuela
In 2022, nickel; unwrought, not alloyed imports into Venezuela skyrocketed to 1.2 tons, picking up by 70% against the previous year's figure. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 221% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, nickel; unwrought, not alloyed imports skyrocketed to $34K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 183%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 6.2 | 3.7 | 10.0 | 13.9 | 30.9% |
| United States | 1.4 | 1.2 | 4.9 | 11.5 | 101.8% |
| Italy | 1.8 | 1.1 | 2.9 | 3.9 | 29.4% |
| France | 1.4 | 0.8 | 2.2 | 2.4 | 19.7% |
| Germany | 0.8 | 0.4 | 0.7 | 2.3 | 42.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.6 | 7.3 | 20.6 | 34.0 | 43.1% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Venezuela in 2022:
- Italy (882.0 kg)
- United States (216.0 kg)
- Brazil (42.0 kg)
- France (42.0 kg)
- Germany (38.0 kg)
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This report provides an in-depth analysis of the nickel market in Venezuela.
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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 Venezuela.
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This report provides an in-depth analysis of the nickel market in Venezuela.
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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.
343
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1233
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...
1030
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%
