Price for Nickel; Bars, Rods, Profiles and Wire in Costa Rica - 2022
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Costa Rica (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Costa Rica (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Costa Rica
- Exports of Nickel; Bars, Rods, Profiles and Wire in Costa Rica
Price for Nickel; Bars, Rods, Profiles and Wire in Costa Rica (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $76,484 per ton, increasing by 25% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 86% against the previous year. The import price peaked at $82,944 per ton in 2019; however, from 2020 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 Germany ($101,664 per ton), while the price for China ($34,418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Bars, Rods, Profiles and Wire in Costa Rica (FOB) - 2022
The average export price for nickel; bars, rods, profiles and wires stood at $97,960 per ton in 2022, rising by 29% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nickel; bars, rods, profiles and wires increased by +99.3% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($98,363 per ton), while the average price for exports to Hong Kong SAR stood at $89,125 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.6%).
Imports of Nickel; Bars, Rods, Profiles and Wire in Costa Rica
In 2022, purchases abroad of nickel; bars, rods, profiles and wires decreased by -11% to 201 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 71%. As a result, imports reached the peak of 389 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of nickel; bars, rods, profiles and wires amounted to $15M in 2022. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Nickel; Bars, Rods, Profiles and Wire in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.8 | 20.6 | 12.4 | 13.3 | -10.9% |
| Germany | N/A | 1.5 | 1.2 | 1.3 | -6.9% |
| China | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.2 | 0.1 | 0.7 | 87.1% |
| Total | 18.9 | 22.4 | 13.8 | 15.4 | -6.6% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Costa Rica in 2022:
- United States (179.8 tons)
- Germany (12.3 tons)
- China (3.7 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Costa Rica
In 2022, shipments abroad of nickel; bars, rods, profiles and wires decreased by -37.6% to 138 tons, falling for the second year in a row after two years of growth. Overall, exports showed a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 1.7% against the previous year. As a result, the exports reached the peak of 452 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of nickel; bars, rods, profiles and wires reduced notably to $14M in 2022. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 5.5%. As a result, the exports reached the peak of $31M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Nickel; Bars, Rods, Profiles and Wire in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.5 | 30.8 | 16.3 | 12.7 | -22.7% |
| Hong Kong SAR | 1.7 | N/A | N/A | 0.8 | -22.2% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 29.2 | 30.8 | 16.7 | 13.5 | -22.7% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Costa Rica in 2022:
- United States (128.8 tons)
- Hong Kong SAR (8.8 tons)
1542
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