Price for Nickel; Wire, Not Alloyed in Peru - 2021

Contents:

  1. Price for Nickel; Wire, Not Alloyed in Peru (CIF) - 2021
  2. Imports of Nickel; Wire, Not Alloyed in Peru

Price for Nickel; Wire, Not Alloyed in Peru (CIF) - 2021

The average nickel; wire, not alloyed import price stood at $23,232 per ton in March 2020, surging by 17% against the previous month. Overall, the import price, however, faced a dramatic decrease. The import price peaked at $40,868 per ton in January 2020; however, from February 2020 to March 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2020, the country with the highest price was China ($26,003 per ton), while the price for Austria amounted to $23,045 per ton.

From January 2020 to March 2020, the most notable rate of growth in terms of prices was attained by Austria (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Wire, Not Alloyed in Peru

In 2022, overseas purchases of nickel; wire, not alloyeds were finally on the rise to reach 7.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep reduction.

In value terms, nickel; wire, not alloyed imports fell modestly to $183K in 2022. Overall, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8% against the previous year.

Import of Nickel; Wire, Not Alloyed in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10888.765.089.1-6.2%
Austria11150.837.444.5-26.3%
Italy16.110.96.68.2-20.1%
China6.915.82.56.1-4.0%
Others7.68.879.034.765.9%
Total250175190183-9.9%

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

  1. India (4.2 tons)
  2. Austria (1.7 tons)
  3. China (0.3 tons)
  4. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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