Price for Nickel; Plates, Sheets, Strip and Foil in Argentina - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Argentina (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Argentina (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Argentina
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Argentina

Price for Nickel; Plates, Sheets, Strip and Foil in Argentina (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $45,441 per ton in 2022, waning by -10.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $60,007 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 ($70,980 per ton), while the price for China ($36,850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Argentina (FOB) - 2022

In 2022, the average export price for nickel; plates, sheets, strip and foils amounted to $44,593 per ton, shrinking by -19.9% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 1,917% against the previous year. As a result, the export price reached the peak level of $556,000 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2015 to 2022, the rate of growth in terms of prices for Brazil amounted to -12.3% per year.

Imports of Nickel; Plates, Sheets, Strip and Foil in Argentina

Imports of nickel; plates, sheets, strip and foils into Argentina shrank sharply to 11 tons in 2022, declining by -26.6% against 2021 figures. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year.

In value terms, imports of nickel; plates, sheets, strip and foils plummeted to $501K in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $765K, and then declined rapidly in the following year.

Import of Nickel; Plates, Sheets, Strip and Foil in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33868.7185301-3.8%
Germany21436713579.5-28.1%
China48.855.620070.212.9%
United Kingdom21.126.993.034.217.5%
Japan74.0N/A13614.3-42.2%
Others2.328.415.22.75.5%
Total698547765501-10.5%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Argentina in 2022:

  1. United States (6.9 tons)
  2. China (1.9 tons)
  3. Germany (1.1 tons)
  4. United Kingdom (0.8 tons)
  5. Japan (0.3 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Argentina

In 2022, approx. 617 kg of nickel; plates, sheets, strip and foils were exported from Argentina; rising by 111% compared with the previous year's figure. Overall, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foils skyrocketed to $28K in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 239%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ParaguayN/A11.516.027.354.1%
Colombia3.7N/AN/AN/A0%
BrazilN/A0.8N/AN/A0%
OthersN/A0.20.30.20.0%
Total3.712.516.327.595.2%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Argentina in 2022:

  1. Paraguay (616.0 kg)

Source: IndexBox Market Intelligence Platform

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