Sulphates; of Nickel Price in Panama - 2022
Contents:
Sulphates; of Nickel Price in Panama (CIF) - 2022
The average sulphates; of nickel import price stood at $8,394 per ton in 2022, shrinking by -40% against the previous year. In general, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 206%. The import price peaked at $14,000 per ton in 2021, and then fell notably in the following year.
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 Imports in Panama
In 2022, after two years of decline, there was significant growth in purchases abroad of sulphates; of nickels, when their volume increased by 200% to 33 kg. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of nickel imports surged to $277 in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in Panama (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.0 | 111 | 80.0 | 277 | 90.6% |
| Belgium | N/A | N/A | 74.0 | N/A | 0% |
| Others | 27.0 | N/A | N/A | N/A | 0% |
| Total | 67.0 | 111 | 154 | 277 | 60.5% |
Top Suppliers of Sulphates; of Nickel to Panama in 2022:
- United States (33.0 kg)
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