Sulphates; of Nickel Price in Venezuela - 2022
Contents:
Sulphates; of Nickel Price in Venezuela (CIF) - 2022
The average sulphates; of nickel import price stood at $8,856 per ton in 2022, jumping by 28% against the previous year. In general, the import price, however, showed a mild setback. The pace of growth appeared the most rapid in 2013 an increase of 30%. As a result, import price attained the peak level of $13,280 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($19,431 per ton), while the price for Belgium ($1,650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.2%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Nickel Imports in Venezuela
For the third consecutive year, Venezuela recorded decline in supplies from abroad of sulphates; of nickels, which decreased by -30.1% to 2 tons in 2022. Over the period under review, imports continue to indicate a precipitous decline. The smallest decline of -16.3% was in 2020.
In value terms, sulphates; of nickel imports reduced to $18K in 2022. In general, imports recorded a abrupt downturn. The smallest decline of -5.6% was in 2020.
| Import of Sulphates; of Nickel in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 17.0 | 16.7 | 16.3 | 14.2 | -5.8% |
| United States | 2.5 | 1.9 | 1.5 | 1.0 | -26.3% |
| Germany | 1.3 | 1.2 | 1.1 | 0.9 | -11.5% |
| Belgium | 1.5 | 1.2 | 1.0 | 0.7 | -22.4% |
| Others | N/A | N/A | N/A | 0.9 | 0% |
| Total | 22.3 | 21.0 | 19.9 | 17.7 | -7.4% |
Top Suppliers of Sulphates; of Nickel to Venezuela in 2022:
- Argentina (731.0 kg)
- United States (450.0 kg)
- Belgium (412.0 kg)
- Germany (203.0 kg)
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