Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Argentina - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Argentina (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Argentina
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Argentina (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $28,894 per ton in 2022, dropping by -21% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, not alloyeds decreased by -36.9% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 78% against the previous year. Over the period under review, average import prices hit record highs at $45,811 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($37,286 per ton), while the price for Austria totaled $25,674 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Argentina
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into Argentina soared to 3.6 tons, jumping by 58% on 2021 figures. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $104K in 2022. Overall, imports, however, showed a deep downturn.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 66.9 | 0% |
| Brazil | N/A | N/A | 73.1 | 37.3 | -49.0% |
| Switzerland | 89.1 | N/A | N/A | N/A | 0% |
| Germany | 26.2 | N/A | 10.7 | N/A | -36.1% |
| United States | 30.7 | N/A | N/A | N/A | 0% |
| Italy | N/A | 121 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 146 | 121 | 83.7 | 104 | -10.7% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Argentina in 2022:
- Austria (2.6 tons)
- Brazil (1.0 tons)
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