Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ecuador - 2022

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ecuador (CIF) - 2022
  2. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ecuador

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ecuador (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $142,000 per ton in 2022, growing by 52% against the previous year. Over the period under review, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Brazil ($196,000 per ton), while the price for the United States ($66,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+687.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ecuador

In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses imported into Ecuador declined dramatically to 5 kg, with a decrease of -85.7% compared with the previous year. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses contracted rapidly to $710 in 2022. In general, imports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 294% against the previous year.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.1N/AN/A0.458.7%
ArgentinaN/AN/AN/A0.20%
United States5.90.20.10.1-74.3%
Germany13.60.73.0N/A-53.0%
OthersN/AN/A0.1N/A0%
Total19.60.83.30.7-67.1%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Ecuador in 2022:

  1. United States (2.0 kg)
  2. Brazil (2.0 kg)
  3. Argentina (1.0 kg)

Source: IndexBox Market Intelligence Platform

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