Sulphates; of Nickel Price in the United States - 2023
Contents:
- Sulphates; of Nickel Price in the United States (FOB) - 2023
- Sulphates; of Nickel Price in the United States (CIF) - 2023
- Sulphates; of Nickel Exports in the United States
- Sulphates; of Nickel Imports in the United States
Sulphates; of Nickel Price in the United States (FOB) - 2023
The average sulphates; of nickel export price stood at $7,350 per ton in August 2023, growing by 72% against the previous month. Over the period under review, export price indicated a pronounced expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, sulphates; of nickel export price increased by +78.2% against May 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($7,565 per ton), while the average price for exports to Mexico amounted to $2,650 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.9%).
Sulphates; of Nickel Price in the United States (CIF) - 2023
The average sulphates; of nickel import price stood at $5,293 per ton in August 2023, declining by -3.9% against the previous month. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in January 2023 an increase of 9.7% m-o-m. Over the period under review, average import prices reached the maximum at $6,374 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were Belgium ($5,491 per ton) and Australia ($5,450 per ton), while the price for Canada ($4,574 per ton) and South Africa ($5,061 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Nickel Exports in the United States
In 2022, approx. 3.7K tons of sulphates; of nickels were exported from the United States; dropping by -17.7% against 2021. In general, exports showed a abrupt descent. The smallest decline of -7% was in 2021.
In value terms, sulphates; of nickel exports contracted slightly to $21M in 2022. Over the period under review, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 28%.
| Export of Sulphates; of Nickel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 21.4 | 15.9 | 21.2 | 20.3 | -1.7% |
| Others | 0.6 | 0.7 | 0.2 | 0.2 | -30.7% |
| Total | 21.9 | 16.7 | 21.3 | 20.5 | -2.2% |
Top Export Markets for Sulphates; of Nickel from the United States in 2022:
- Canada (3.6K tons)
Sulphates; of Nickel Imports in the United States
Sulphates; of nickel imports into the United States soared to 2K tons in 2022, with an increase of 45% against 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. 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 $12M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.2 | 3.2 | 4.4 | 7.0 | 18.6% |
| South Africa | N/A | N/A | 0.3 | 2.3 | 666.7% |
| Finland | 2.0 | 0.6 | 1.2 | 1.7 | -5.3% |
| Taiwan (Chinese) | 0.2 | N/A | 0.1 | 0.7 | 51.8% |
| Canada | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.3 | N/A | 0.2 | 26.0% |
| Total | 6.6 | 4.2 | 6.2 | 12.1 | 22.4% |
Top Suppliers of Sulphates; of Nickel to the United States in 2022:
- Belgium (1167.6 tons)
- South Africa (339.8 tons)
- Finland (279.2 tons)
- Taiwan (Chinese) (94.7 tons)
- Canada (41.0 tons)
102
This report provides an in-depth analysis of the sulphates market in the U.S..
443
This report provides an in-depth analysis of the alums market in the U.S..
387
This report provides an in-depth analysis of the peroxosulphates market in the U.S..
537
This report provides an in-depth analysis of the market for barium or aluminium sulphates in the U.S..
377
This report provides an in-depth analysis of the market for belt type continuous-action elevator and conveyor in the U.S..
163
This report provides an in-depth analysis of the global sulphates market.
481
This report provides an in-depth analysis of the global alums market.
492
This report provides an in-depth analysis of the global peroxosulphates market.
605
This report provides an in-depth analysis of the global market for barium or aluminium sulphates.
537
This report provides an in-depth analysis of the global market for belt type continuous-action elevator and conveyor.
128
Explore the top 10 countries by import value of sulphates in 2023. Learn about the key players in the global sulphates market.
1143
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
817
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
128
Explore the top import markets for Belt Type Continuous-Action Elevator and Conveyor, including the United States, Germany, Mexico, and more. Learn about the growing demand for this equipment in various industries.
128
Explore the top 10 countries by import value of sulphates in 2023. Learn about the key players in the global sulphates market.
1143
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
817
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
