Sulphates; of Nickel Price in Paraguay - 2023
Contents:
Sulphates; of Nickel Price in Paraguay (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $8,913 per ton, standing approx. at the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of nickel import price increased by +57.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 32%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($12,500 per ton), while the price for China ($3,979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Nickel Imports in Paraguay
In 2022, the amount of sulphates; of nickels imported into Paraguay surged to 3.3 tons, picking up by 122% against the previous year's figure. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of nickel imports skyrocketed to $29K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.0 | 7.4 | 8.8 | 25.9 | 47.9% |
| China | 4.2 | 10.4 | N/A | 2.1 | -20.6% |
| Argentina | 3.5 | 3.0 | 4.3 | 1.3 | -28.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.7 | 20.8 | 13.1 | 29.2 | 23.0% |
Top Suppliers of Sulphates; of Nickel to Paraguay in 2022:
- Brazil (2.7 tons)
- China (0.5 tons)
- Argentina (0.1 tons)
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