Price for Nickel; Wire, of Nickel Alloys in Guatemala - 2024

Contents:

  1. Price for Nickel; Wire, of Nickel Alloys in Guatemala (CIF) - 2022
  2. Imports of Nickel; Wire, of Nickel Alloys in Guatemala

Price for Nickel; Wire, of Nickel Alloys in Guatemala (CIF) - 2022

In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $87,844 per ton, growing by 50% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 320%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($159,353 per ton), while the price for Mexico ($69,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+69.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Wire, of Nickel Alloys in Guatemala

In 2022, supplies from abroad of nickel; wire, of nickel alloyses decreased by -82.6% to 96 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 174%. As a result, imports attained the peak of 602 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; wire, of nickel alloys imports shrank sharply to $8.4K in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 285% against the previous year. As a result, imports reached the peak of $32K, and then shrank sharply in the following year.

Import of Nickel; Wire, of Nickel Alloys in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1.22.66.34.049.4%
Germany1.31.51.52.727.6%
BrazilN/A0.80.61.432.3%
ChinaN/A1.9N/A0.4-54.1%
United States1.51.62.7N/A34.2%
FranceN/AN/A20.9N/A0%
OthersN/AN/A0.3N/A0%
Total4.18.432.28.427.0%

Top Suppliers of Nickel; Wire, of Nickel Alloys to Guatemala in 2022:

  1. Mexico (57.0 kg)
  2. Brazil (17.0 kg)
  3. Germany (17.0 kg)
  4. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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