Sulphates; of Nickel Price in Guatemala - 2023
Contents:
- Sulphates; of Nickel Price in Guatemala (CIF) - 2022
- Sulphates; of Nickel Price in Guatemala (FOB) - 2022
- Sulphates; of Nickel Imports in Guatemala
- Sulphates; of Nickel Exports in Guatemala
Sulphates; of Nickel Price in Guatemala (CIF) - 2022
The average sulphates; of nickel import price stood at $13,940 per ton in 2022, growing by 37% against the previous year. Overall, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 71% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($14,927 per ton), while the price for Belgium totaled $13,397 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Nickel Price in Guatemala (FOB) - 2022
The average sulphates; of nickel export price stood at $28,000 per ton in 2022, with a decrease of -20% against the previous year. In general, the export price, however, posted a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 92%. As a result, the export price attained the peak level of $68,000 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +17.0% per year.
Sulphates; of Nickel Imports in Guatemala
In 2022, supplies from abroad of sulphates; of nickels decreased by -13.9% to 465 kg, falling for the second consecutive year after two years of growth. Overall, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of 2.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphates; of nickel imports surged to $6.5K in 2022. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. As a result, imports attained the peak of $16K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Sulphates; of Nickel in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | 0.8 | 4.0 | 400.0% |
United States | 3.7 | 1.9 | 0.7 | 2.5 | -12.3% |
Mexico | 7.2 | 13.8 | 3.9 | N/A | -26.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 11.0 | 15.8 | 5.5 | 6.5 | -16.1% |
Top Suppliers of Sulphates; of Nickel to Guatemala in 2022:
- Belgium (300.0 kg)
- United States (165.0 kg)
Sulphates; of Nickel Exports in Guatemala
In 2022, approx. 1 kg of sulphates; of nickels were exported from Guatemala; therefore, remained relatively stable against the year before. In general, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, sulphates; of nickel exports dropped sharply to $28 in 2022. Over the period under review, exports recorded a abrupt decrease. The smallest decline of -18.5% was in 2020.
Export of Sulphates; of Nickel in Guatemala (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 54.0 | 44.0 | 35.0 | 28.0 | -19.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 54.0 | 44.0 | 35.0 | 28.0 | -19.7% |
Top Export Markets for Sulphates; of Nickel from Guatemala in 2022:
- Costa Rica (1.0 kg)
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