Price for Nickel; Wire, Not Alloyed in Guatemala - 2024

Contents:

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

Price for Nickel; Wire, Not Alloyed in Guatemala (CIF) - 2022

The average nickel; wire, not alloyed import price stood at $170,000 per ton in 2022, jumping by 114% against the previous year. Over the period under review, the import price continues to indicate significant growth. The pace of growth was the most pronounced in 2015 an increase of 345%. Over the period under review, average import prices attained the peak figure at $191,000 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Mexico ($70,000 per ton), while the price for the United States totaled $36,667 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.6%).

Imports of Nickel; Wire, Not Alloyed in Guatemala

In 2022, nickel; wire, not alloyed imports into Guatemala surged to 16 kg, increasing by 433% compared with 2021 figures. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,283%. As a result, imports attained the peak of 143 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; wire, not alloyed imports soared to $1K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,782%. As a result, imports attained the peak of $11K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Nickel; Wire, Not Alloyed in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.59.00.20.921.6%
United States0.10.10.10.10.0%
PeruN/A1.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.610.50.21.018.6%

Top Suppliers of Nickel; Wire, Not Alloyed to Guatemala in 2022:

  1. Mexico (13.0 kg)
  2. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform

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