Nickel; Unwrought, Alloys Price in the Dominican Republic - 2022
Contents:
- Nickel; Unwrought, Alloys Price in the Dominican Republic (CIF) - 2022
- Nickel; Unwrought, Alloys Price in the Dominican Republic (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in the Dominican Republic
- Nickel; Unwrought, Alloys Exports in the Dominican Republic
Nickel; Unwrought, Alloys Price in the Dominican Republic (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $9,158 per ton in 2022, shrinking by -6.6% against the previous year. In general, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 44% against the previous year. The import price peaked at $26,500 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Switzerland ($37,000 per ton), while the price for the United States totaled $7,611 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+1.3%).
Nickel; Unwrought, Alloys Price in the Dominican Republic (FOB) - 2022
In 2020, the average nickel; unwrought, alloys export price amounted to $4,558 per ton, declining by -18.5% against the previous year. Overall, the export price saw a abrupt shrinkage. The export price peaked at $5,593 per ton in 2019, and then fell remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2019 to 2020, the rate of growth in terms of prices for Sweden amounted to -19.3% per year.
Nickel; Unwrought, Alloys Imports in the Dominican Republic
In 2022, overseas purchases of nickel; unwrought, alloyses decreased by -9.5% to 19 kg, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of 23 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; unwrought, alloys imports reduced sharply to $174 in 2022. Overall, imports showed a sharp descent. The smallest decline of -15.2% was in 2021.
| Import of Nickel; Unwrought, Alloys in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 141 | 186 | 160 | 137 | -1.0% |
| Switzerland | 213 | 57.0 | 46.0 | 37.0 | -44.2% |
| Others | 70.0 | N/A | N/A | N/A | 0% |
| Total | 424 | 243 | 206 | 174 | -25.7% |
Top Suppliers of Nickel; Unwrought, Alloys to the Dominican Republic in 2022:
- United States (18.0 kg)
- Switzerland (1.0 kg)
Nickel; Unwrought, Alloys Exports in the Dominican Republic
In 2020, the amount of nickel; unwrought, alloyses exported from the Dominican Republic soared to 316 tons, jumping by 41% compared with the year before. Over the period under review, total exports indicated a significant increase from 2019 to 2020: its volume increased at an average annual rate of +41.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, alloys exports rose rapidly to $1.4M in 2020. The total export value increased at an average annual rate of +15.0% over the period from 2019 to 2020; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Alloys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Sweden | 1,186 | 1,440 | 21.4% | ||
| Canada | 67.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,253 | 1,440 | 14.9% | ||
Top Export Markets for Nickel; Unwrought, Alloys from the Dominican Republic in 2022:
- Sweden (316.0 tons)
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This report provides an in-depth analysis of the nickel market in the Dominican Republic.
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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 the Dominican Republic.
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This report provides an in-depth analysis of the nickel market in the Dominican Republic.
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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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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...
999
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.
1187
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...
816
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...
999
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%
