Sulphates; of Nickel Price in Mexico - 2022
Contents:
- Sulphates; of Nickel Price in Mexico (CIF) - 2022
- Sulphates; of Nickel Price in Mexico (FOB) - 2022
- Sulphates; of Nickel Imports in Mexico
- Sulphates; of Nickel Exports in Mexico
Sulphates; of Nickel Price in Mexico (CIF) - 2022
The average sulphates; of nickel import price stood at $8,130 per ton in 2022, picking up by 58% against the previous year. In general, the import price continues to indicate noticeable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.2% per year.
Sulphates; of Nickel Price in Mexico (FOB) - 2022
The average sulphates; of nickel export price stood at $4,042 per ton in 2022, with a decrease of -30.3% against the previous year. Overall, the export price, however, recorded a slight increase. The pace of growth appeared the most rapid in 2019 an increase of 121% against the previous year. As a result, the export price reached the peak level of $10,133 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($8,000 per ton), while the average price for exports to Brazil ($2,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Nickel Imports in Mexico
In 2022, approx. 2.1 tons of sulphates; of nickels were imported into Mexico; dropping by -99.9% on the previous year. Over the period under review, imports recorded a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of 1.4K tons, and then contracted significantly in the following year.
In value terms, sulphates; of nickel imports dropped rapidly to $17K in 2022. Overall, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 154% against the previous year. As a result, imports reached the peak of $7.4M, and then reduced dramatically in the following year.
| Import of Sulphates; of Nickel in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.0 | 9.1 | 16.1 | 16.7 | 6.1% |
| Belgium | 1,429 | 667 | 2,358 | N/A | 28.5% |
| Germany | 692 | 583 | 646 | N/A | -3.4% |
| Finland | 117 | 89.4 | 164 | N/A | 18.4% |
| Taiwan (Chinese) | 32.3 | 165 | 649 | N/A | 348.3% |
| Others | 2,123 | 1,389 | 3,544 | N/A | 29.2% |
| Total | 4,407 | 2,903 | 7,379 | 16.7 | -84.4% |
Top Suppliers of Sulphates; of Nickel to Mexico in 2022:
- United States (2.1 tons)
Sulphates; of Nickel Exports in Mexico
In 2022, the amount of sulphates; of nickels exported from Mexico declined to 1.3 tons, dropping by -10.6% against the year before. Overall, exports showed a dramatic setback.
In value terms, sulphates; of nickel exports fell rapidly to $5.1K in 2022. Over the period under review, exports showed a sharp downturn.
| Export of Sulphates; of Nickel in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.5 | 5.5 | 3.0 | 2.3 | -39.7% |
| Guatemala | 3.4 | 3.0 | 1.4 | 1.0 | -33.5% |
| Uruguay | 4.8 | 2.4 | 1.3 | 0.9 | -42.8% |
| El Salvador | 3.3 | 0.4 | 0.4 | 0.2 | -60.7% |
| United States | 1.8 | 2.9 | 0.8 | 0.2 | -51.9% |
| Brazil | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | 10.5 | 1.3 | 1.1 | 0.5 | -63.8% |
| Total | 34.5 | 15.5 | 8.1 | 5.1 | -47.1% |
Top Export Markets for Sulphates; of Nickel from Mexico in 2022:
- Canada (859.0 kg)
- Uruguay (167.0 kg)
- Guatemala (121.0 kg)
- United States (62.0 kg)
- Brazil (20.0 kg)
- El Salvador (12.0 kg)
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