Chlorides; of Nickel Price in Portugal - 2023
Contents:
Chlorides; of Nickel Price in Portugal (CIF) - 2023
In July 2023, the average chlorides; of nickel import price amounted to $5,341 per ton, declining by -11.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 22% month-to-month. The import price peaked at $6,732 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From July 2022 to July 2023, the rate of growth in terms of prices for Spain amounted to -0.5% per month.
Chlorides; of Nickel Imports in Portugal
In 2022, the amount of chlorides; of nickels imported into Portugal fell dramatically to 40 tons, which is down by -30.3% compared with the previous year. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of 58 tons, and then declined notably in the following year.
In value terms, chlorides; of nickel imports rose markedly to $252K in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Chlorides; of Nickel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 153 | 124 | 163 | 175 | 4.6% |
| Germany | 51.9 | 30.3 | 74.6 | 68.2 | 9.5% |
| Italy | 7.1 | N/A | N/A | 5.6 | -7.6% |
| Others | 7.1 | 37.5 | 0.1 | 3.2 | -23.3% |
| Total | 219 | 192 | 237 | 252 | 4.8% |
Top Suppliers of Chlorides; of Nickel to Portugal in 2022:
- Spain (30.0 tons)
- Germany (7.2 tons)
- Italy (2.6 tons)
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This report provides an in-depth analysis of the chlorides market in Portugal.
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
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