Nickel; Unwrought, Alloys Price in Venezuela - 2022

Contents:

  1. Nickel; Unwrought, Alloys Price in Venezuela (CIF) - 2022
  2. Nickel; Unwrought, Alloys Imports in Venezuela

Nickel; Unwrought, Alloys Price in Venezuela (CIF) - 2022

The average nickel; unwrought, alloys import price stood at $37,236 per ton in 2022, jumping by 18% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 18% against the previous year. The import price peaked at $37,245 per ton in 2012; afterwards, it flattened through to 2022.

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 Panama ($44,905 per ton), while the price for the United States amounted to $23,855 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+19.1%).

Nickel; Unwrought, Alloys Imports in Venezuela

In 2022, approx. 602 kg of nickel; unwrought, alloyses were imported into Venezuela; which is down by -19.5% against the year before. Overall, imports saw a deep slump.

In value terms, nickel; unwrought, alloys imports contracted to $22K in 2022. Over the period under review, imports showed a abrupt contraction.

Import of Nickel; Unwrought, Alloys in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama15.716.416.817.12.9%
United States10.68.56.85.3-20.6%
Others0.20.10.10.1-20.6%
Total26.525.123.722.4-5.4%

Top Suppliers of Nickel; Unwrought, Alloys to Venezuela in 2022:

  1. Panama (380.0 kg)
  2. United States (221.0 kg)

Source: IndexBox Market Intelligence Platform

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