Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Panama - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Panama (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Panama
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Panama (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $44,962 per ton in 2022, growing by 37% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.9% 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, of nickel alloyses increased by +90.5% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 40%. The import price peaked in 2022 and is likely to continue growth in years to come.
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 Free Zones ($103,750 per ton), while the price for Germany stood at $34,511 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+206.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Panama
In 2022, after three years of growth, there was significant decline in supplies from abroad of nickel; bars, rods and profiles, of nickel alloyses, when their volume decreased by -96.3% to 53 kg. In general, imports saw a sharp curtailment. The growth pace was the most rapid in 2020 when imports increased by 122% against the previous year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses fell markedly to $2.4K in 2022. Overall, imports showed a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 148% against the previous year.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.1 | 1.2 | 0.5 | 1.6 | -8.7% |
| Free Zones | N/A | N/A | 26.2 | 0.8 | -96.9% |
| China | 6.2 | 17.9 | 3.0 | N/A | -30.4% |
| United States | 3.4 | 9.7 | 1.5 | N/A | -33.6% |
| India | N/A | N/A | 16.3 | N/A | 0% |
| Others | 0.4 | 1.1 | 0.2 | N/A | -29.3% |
| Total | 12.1 | 29.9 | 47.7 | 2.4 | -41.7% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Panama in 2022:
- Germany (45.0 kg)
- Free Zones (8.0 kg)
1542
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
1653
In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
856
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
622
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...
