Sulphates; of Nickel Price in the Dominican Republic - 2023

Contents:

  1. Sulphates; of Nickel Price in the Dominican Republic (FOB) - 2022
  2. Sulphates; of Nickel Price in the Dominican Republic (CIF) - 2022
  3. Sulphates; of Nickel Exports in the Dominican Republic
  4. Sulphates; of Nickel Imports in the Dominican Republic

Sulphates; of Nickel Price in the Dominican Republic (FOB) - 2022

The average sulphates; of nickel export price stood at $4,190 per ton in 2022, which is down by -46.4% against the previous year. In general, the export price saw a significant decline. The export price peaked at $7,818 per ton in 2021, and then fell sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2021 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Sulphates; of Nickel Price in the Dominican Republic (CIF) - 2022

The average sulphates; of nickel import price stood at $5,053 per ton in 2022, falling by -4.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 60% against the previous year. The import price peaked at $9,235 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Argentina ($30,929 per ton), while the price for the United States totaled $2,997 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+14.4%).

Sulphates; of Nickel Exports in the Dominican Republic

In 2022, approx. 16 kg of sulphates; of nickels were exported from the Dominican Republic; with a decrease of -95.8% on the year before. In general, exports faced a precipitous decline.

In value terms, sulphates; of nickel exports shrank significantly to $66 in 2022. Overall, exports showed a dramatic downturn.

Export of Sulphates; of Nickel in the Dominican Republic (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A0.10%
Haiti3.0N/A0%
OthersN/AN/A0%
Total3.00.1-96.7%

Top Export Markets for Sulphates; of Nickel from the Dominican Republic in 2022:

  1. United States (16.0 kg)

Sulphates; of Nickel Imports in the Dominican Republic

Sulphates; of nickel imports into the Dominican Republic skyrocketed to 1.9 tons in 2022, jumping by 417% against the previous year's figure. In general, imports showed a significant 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 soared to $9.5K in 2022. Over the period under review, imports recorded 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.2N/A0.95.364.1%
Argentina0.9N/A1.03.151.0%
China1.6N/AN/AN/A0%
OthersN/AN/AN/A1.10%
Total3.8N/A1.99.535.7%

Top Suppliers of Sulphates; of Nickel to the Dominican Republic in 2022:

  1. United States (1772.0 kg)
  2. Argentina (100.0 kg)

Source: IndexBox Market Intelligence Platform

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