Sulphates; of Nickel Price in Colombia - 2022
Contents:
- Sulphates; of Nickel Price in Colombia (CIF) - 2022
- Sulphates; of Nickel Price in Colombia (FOB) - 2022
- Sulphates; of Nickel Imports in Colombia
- Sulphates; of Nickel Exports in Colombia
Sulphates; of Nickel Price in Colombia (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $4,522 per ton, remaining stable against the previous year. Over the period under review, the import price showed a slight setback. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $5,345 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,821 per ton) and China ($4,362 per ton), while the price for Belgium ($3,909 per ton) and Austria ($3,909 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Nickel Price in Colombia (FOB) - 2022
In 2022, the average sulphates; of nickel export price amounted to $6,372 per ton, shrinking by -4.8% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 14% against the previous year. The export price peaked at $9,500 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -3.9% per year.
Sulphates; of Nickel Imports in Colombia
In 2022, imports of sulphates; of nickels into Colombia declined remarkably to 134 tons, waning by -36.3% against the year before. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 264%. As a result, imports reached the peak of 210 tons, and then dropped rapidly in the following year.
In value terms, sulphates; of nickel imports declined notably to $606K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 278%. As a result, imports reached the peak of $958K, and then contracted remarkably in the following year.
| Import of Sulphates; of Nickel in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 59.9 | 143 | 625 | 393 | 87.2% |
| Austria | 114 | 60.1 | 125 | 105 | -2.7% |
| Belgium | 84.4 | 25.7 | 125 | 79.0 | -2.2% |
| China | 16.0 | 6.4 | 23.3 | 15.1 | -1.9% |
| Taiwan (Chinese) | 29.8 | N/A | 12.1 | N/A | -36.3% |
| Others | 25.6 | 18.3 | 46.5 | 12.8 | -20.6% |
| Total | 329 | 254 | 958 | 606 | 22.6% |
Top Suppliers of Sulphates; of Nickel to Colombia in 2022:
- Germany (81.6 tons)
- Austria (26.9 tons)
- Belgium (20.2 tons)
- China (3.5 tons)
Sulphates; of Nickel Exports in Colombia
After three years of growth, shipments abroad of sulphates; of nickels decreased by -19.4% to 2.4 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year.
In value terms, sulphates; of nickel exports reduced dramatically to $16K in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 108%.
| Export of Sulphates; of Nickel in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 5.2 | 10.8 | 20.3 | 15.5 | 43.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 10.8 | 20.3 | 15.5 | 43.9% |
Top Export Markets for Sulphates; of Nickel from Colombia in 2022:
- Ecuador (2.4 tons)
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