Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $28,976 per ton, growing by 15% against the previous year. Overall, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 59%. The import price peaked at $31,931 per ton in 2012; however, from 2013 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 the United States ($86,635 per ton), while the price for India ($25,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $55,000 per ton, picking up by 33% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 435%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($77,000 per ton), while the average price for exports to the Dominican Republic totaled $33,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+83.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Colombia surged to 24 tons, growing by 81% on the previous year. Over the period under review, imports enjoyed a notable expansion. 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, of nickel alloyses skyrocketed to $688K in 2022. Overall, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 220 | 89.0 | 183 | 484 | 30.1% |
| Germany | 117 | 73.8 | 60.1 | 123 | 1.7% |
| United States | 74.8 | 61.2 | 60.3 | 79.2 | 1.9% |
| China | 17.4 | 3.4 | 2.1 | 0.9 | -62.7% |
| United Arab Emirates | 2.8 | 9.7 | 3.0 | N/A | 3.5% |
| Others | 38.0 | 27.3 | 22.6 | 1.0 | -70.3% |
| Total | 469 | 264 | 331 | 688 | 13.6% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Colombia in 2022:
- India (19.1 tons)
- Germany (3.7 tons)
- United States (0.9 tons)
- China (0.1 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia
In 2022, shipments abroad of nickel; bars, rods and profiles, of nickel alloyses decreased by -91.3% to 2 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 45% against the previous year. As a result, the exports reached the peak of 645 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses declined significantly to $110 in 2022. In general, exports faced a sharp downturn. The smallest decline of -47.6% was in 2020.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | N/A | N/A | N/A | 0.1 | 0% |
| Ecuador | 0.6 | 6.4 | 0.2 | N/A | -42.3% |
| Dominican Republic | N/A | N/A | N/A | N/A | 0% |
| United States | 0.1 | 4.0 | N/A | N/A | 3900.0% |
| Cuba | 19.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 19.9 | 10.4 | 0.9 | 0.1 | -82.9% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Colombia in 2022:
- El Salvador (1.0 kg)
- Dominican Republic (1.0 kg)
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