Price for Nickel; Wire, of Nickel Alloys in the Dominican Republic - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in the Dominican Republic (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in the Dominican Republic (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in the Dominican Republic
- Exports of Nickel; Wire, of Nickel Alloys in the Dominican Republic
Price for Nickel; Wire, of Nickel Alloys in the Dominican Republic (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $31,065 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2017 an increase of 161% against the previous year. As a result, import price attained the peak level of $84,557 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($98,563 per ton), while the price for the United States ($7,908 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in the Dominican Republic (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $40,048 per ton in 2021, waning by -39.1% against the previous year. In general, the export price recorded a sharp slump. Over the period under review, the average export prices reached the peak figure at $65,717 per ton in 2020, and then reduced notably in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2020 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Imports of Nickel; Wire, of Nickel Alloys in the Dominican Republic
In 2022, nickel; wire, of nickel alloys imports into the Dominican Republic reduced remarkably to 270 kg, dropping by -19.4% compared with the previous year. In general, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year.
In value terms, nickel; wire, of nickel alloys imports declined dramatically to $8.4K in 2022. Overall, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 60%.
| Import of Nickel; Wire, of Nickel Alloys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 174 | 3.3 | 0.8 | 3.3 | -73.3% |
| Italy | 61.8 | 1.4 | 1.5 | 2.8 | -64.4% |
| China | 20.0 | 0.8 | 0.7 | 1.2 | -60.9% |
| Spain | 8.5 | 0.3 | 0.1 | 0.3 | -67.2% |
| Canada | 3.0 | 0.1 | 0.1 | 0.2 | -59.5% |
| United States | 11.6 | 0.1 | N/A | 0.1 | -79.5% |
| Others | 11.3 | 0.4 | 7.2 | 0.6 | -62.4% |
| Total | 291 | 6.4 | 10.3 | 8.4 | -69.3% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to the Dominican Republic in 2022:
- Italy (189.0 kg)
- Japan (34.0 kg)
- China (22.0 kg)
- United States (9.0 kg)
- Spain (6.0 kg)
- Canada (5.0 kg)
Exports of Nickel; Wire, of Nickel Alloys in the Dominican Republic
In 2021, the amount of nickel; wire, of nickel alloyses exported from the Dominican Republic soared to 1.9 tons, rising by 39% compared with 2020. Over the period under review, total exports indicated significant growth from 2020 to 2021: its volume increased at an average annual rate of +39.0% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; wire, of nickel alloys exports contracted notably to $76K in 2021. Overall, exports, however, continue to indicate a abrupt setback.
| Export of Nickel; Wire, of Nickel Alloys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| United States | N/A | 76.4 | 0% | ||
| Costa Rica | 90.2 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 90.2 | 76.4 | -15.3% | ||
Top Export Markets for Nickel; Wire, of Nickel Alloys from the Dominican Republic in 2022:
- United States (1.9 tons)
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