Sulphates; of Nickel Price in Chile - 2023

Contents:

  1. Sulphates; of Nickel Price in Chile (CIF) - 2022
  2. Sulphates; of Nickel Imports in Chile

Sulphates; of Nickel Price in Chile (CIF) - 2022

In 2022, the average sulphates; of nickel import price amounted to $5,646 per ton, surging by 7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 63%. The import price peaked at $8,020 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Turkey ($7,316 per ton), while the price for Spain ($3,562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Nickel Imports in Chile

In 2022, supplies from abroad of sulphates; of nickels was finally on the rise to reach 2.1 tons after two years of decline. In general, imports, however, recorded a abrupt downturn.

In value terms, sulphates; of nickel imports surged to $12K in 2022. Over the period under review, imports, however, continue to indicate a noticeable slump.

Import of Sulphates; of Nickel in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A7.30%
Spain3.26.65.23.75.0%
United States0.20.10.20.314.5%
South Korea0.50.50.4N/A-10.6%
Austria4.5N/AN/AN/A0%
Finland0.71.00.9N/A13.4%
Others3.72.72.50.5-48.7%
Total12.910.99.011.7-3.2%

Top Suppliers of Sulphates; of Nickel to Chile in 2022:

  1. Spain (1032.0 kg)
  2. Turkey (1000.0 kg)
  3. United States (41.0 kg)

Source: IndexBox Market Intelligence Platform

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