Price for Nickel; Waste and Scrap in Peru - 2022

Contents:

  1. Price for Nickel; Waste and Scrap in Peru (FOB) - 2022
  2. Price for Nickel; Waste and Scrap in Peru (CIF) - 2022
  3. Exports of Nickel; Waste and Scrap in Peru
  4. Imports of Nickel; Waste and Scrap in Peru

Price for Nickel; Waste and Scrap in Peru (FOB) - 2022

In 2022, the average nickel; waste and scrap export price amounted to $7,202 per ton, growing by 9.8% against the previous year. Overall, the export price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2016 an increase of 98% against the previous year. Over the period under review, the average export prices attained the maximum at $10,378 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($10,983 per ton), while the average price for exports to the United States ($4,944 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.5%), while the prices for the other major destinations experienced a decline.

Price for Nickel; Waste and Scrap in Peru (CIF) - 2022

In 2022, the average nickel; waste and scrap import price amounted to $12,257 per ton, rising by 24% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2016 an increase of 35% against the previous year. The import price peaked at $27,714 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.5% per year.

Exports of Nickel; Waste and Scrap in Peru

In 2022, shipments abroad of nickel; waste and scraps decreased by -84.1% to 3.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 222%. As a result, the exports attained the peak of 24 tons, and then declined notably in the following year.

In value terms, nickel; waste and scrap exports fell remarkably to $27K in 2022. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 158% against the previous year. As a result, the exports reached the peak of $157K, and then shrank notably in the following year.

Export of Nickel; Waste and Scrap in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.850.112725.13.3%
United States4.34.215.41.8-25.2%
Netherlands10.76.514.80.6-61.7%
OthersN/AN/AN/AN/A0%
Total37.860.815727.5-10.1%

Top Export Markets for Nickel; Waste and Scrap from Peru in 2022:

  1. India (3.4 tons)
  2. United States (0.4 tons)
  3. Netherlands (0.1 tons)

Imports of Nickel; Waste and Scrap in Peru

In 2022, approx. 265 kg of nickel; waste and scraps were imported into Peru; growing by 74% compared with 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 215% against the previous year. As a result, imports attained the peak of 431 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; waste and scrap imports surged to $3.2K in 2022. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports attained the peak of $5.7K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Nickel; Waste and Scrap in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.55.71.23.28.6%
OthersN/AN/A0.3N/A0%
Total2.55.71.53.28.6%

Top Suppliers of Nickel; Waste and Scrap to Peru in 2022:

  1. United States (265.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; waste and scrap - Peru