Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Chile - 2024

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Chile (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Chile

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Chile (CIF) - 2022

The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $59,184 per ton in 2022, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2019 an increase of 21%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($82,249 per ton), while the price for Slovenia ($28,764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Chile

In 2022, after three years of growth, there was significant decline in overseas purchases of nickel; bars, rods and profiles, of nickel alloyses, when their volume decreased by -22.2% to 9.3 tons. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses shrank to $549K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59%.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.530.545.3220107.9%
Germany71.371.626915930.6%
United States138324178135-0.7%
Italy8.77.35.321.134.4%
Slovenia4.54.92.64.71.5%
Austria8.516.515.2N/A33.7%
United Kingdom29.635.839.5N/A15.5%
Others36.520.754.48.5-38.5%
Total32251160954919.5%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Chile in 2022:

  1. China (3.6 tons)
  2. Germany (2.9 tons)
  3. United States (2.1 tons)
  4. Italy (0.3 tons)
  5. Slovenia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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