Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Colombia - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Colombia (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Colombia

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Colombia (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $394 per ton in 2022, falling by -98.4% against the previous year. In general, the import price faced a precipitous setback. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. The import price peaked at $26,364 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($36,731 per ton), while the price for China amounted to $196 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%).

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Colombia

Imports of nickel; bars, rods and profiles, not alloyeds into Colombia skyrocketed to 395 tons in 2022, increasing by 2,291% compared with 2021 figures. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds declined significantly to $156K in 2022. In general, imports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $397K, and then dropped sharply in the following year.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India24117432578.7-31.1%
ChinaN/AN/AN/A77.00%
Others12338.172.2N/A-23.4%
Total364213397156-24.6%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Colombia in 2022:

  1. China (393.0 tons)
  2. India (2.1 tons)

Source: IndexBox Market Intelligence Platform

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