Price for Nickel; Unwrought, Not Alloyed in Ecuador - 2021
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Ecuador (CIF) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Ecuador
Price for Nickel; Unwrought, Not Alloyed in Ecuador (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $24,672 per ton, increasing by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 France ($30,523 per ton), while the price for Germany ($16,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Unwrought, Not Alloyed in Ecuador
In 2022, supplies from abroad of nickel; unwrought, not alloyeds decreased by -17.7% to 21 tons, falling for the second year in a row after two years of growth. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of 28 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; unwrought, not alloyed imports expanded sharply to $508K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 decreased by -8.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of $558K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nickel; Unwrought, Not Alloyed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 31.9 | 38.1 | 62.9 | 83.4 | 37.8% |
| France | 15.7 | 44.5 | 6.1 | 75.3 | 68.6% |
| Finland | 24.6 | 84.0 | 44.0 | 58.3 | 33.3% |
| Canada | 14.6 | 22.4 | 40.3 | 53.4 | 54.1% |
| United Kingdom | 24.1 | 78.4 | 35.8 | 47.4 | 25.3% |
| Norway | 10.7 | 12.6 | 28.3 | 37.6 | 52.0% |
| Germany | 11.0 | 20.7 | 10.8 | 14.3 | 9.1% |
| Colombia | 15.7 | 25.2 | 11.3 | 12.8 | -6.6% |
| Japan | 14.4 | 17.6 | 4.3 | 12.1 | -5.6% |
| China | N/A | N/A | 46.1 | N/A | 0% |
| Others | 142 | 214 | 169 | 114 | -7.1% |
| Total | 305 | 558 | 459 | 508 | 18.5% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Ecuador in 2022:
- Belgium (4.1 tons)
- Finland (2.9 tons)
- France (2.5 tons)
- Canada (2.3 tons)
- United Kingdom (2.0 tons)
- Norway (1.3 tons)
- Germany (0.9 tons)
- Colombia (0.7 tons)
- Japan (0.6 tons)
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This report provides an in-depth analysis of the nickel market in Ecuador.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Ecuador.
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This report provides an in-depth analysis of the nickel market in Ecuador.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1192
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
820
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
