Price for Nickel; Wire, of Nickel Alloys in Panama - 2024
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Panama (CIF) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Panama
Price for Nickel; Wire, of Nickel Alloys in Panama (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $32,451 per ton in 2022, growing by 19% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 109% against the previous year. The import price peaked at $71,286 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 Italy ($244,333 per ton), while the price for Hong Kong SAR ($6,800 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Panama
Nickel; wire, of nickel alloys imports into Panama skyrocketed to 113 kg in 2022, surging by 82% on 2021. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,824% against the previous year. As a result, imports reached the peak of 481 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; wire, of nickel alloys imports soared to $3.7K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,067%. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Nickel; Wire, of Nickel Alloys in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 147 | 31.0 | 188 | 930 | 85.0% |
| Italy | 479 | 725 | 441 | 733 | 15.2% |
| Brazil | 27.0 | 207 | 8.0 | 563 | 175.2% |
| Canada | 62.0 | 133 | 115 | 343 | 76.9% |
| Mexico | 30.0 | 166 | 265 | 272 | 108.5% |
| China | 162 | 107 | 535 | 218 | 10.4% |
| Venezuela | 45.0 | 92.0 | 76.0 | 214 | 68.2% |
| Hong Kong SAR | N/A | N/A | N/A | 170 | 0% |
| Peru | 8.0 | 22.0 | 24.0 | 124 | 149.3% |
| South Korea | N/A | 2,050 | N/A | N/A | 0% |
| India | N/A | 7,924 | N/A | N/A | 0% |
| Others | 26.0 | 50.0 | 39.0 | 100 | 56.7% |
| Total | 986 | 11,507 | 1,691 | 3,667 | 54.9% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Panama in 2022:
- Hong Kong SAR (25.0 kg)
- Mexico (20.0 kg)
- China (15.0 kg)
- United States (13.0 kg)
- Venezuela (12.0 kg)
- Brazil (11.0 kg)
- Peru (7.0 kg)
- Canada (6.0 kg)
- Italy (3.0 kg)
1591
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In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
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