Price for Nickel; Plates, Sheets, Strip and Foil in Ecuador - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Ecuador (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil in Ecuador (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Ecuador
- Exports of Nickel; Plates, Sheets, Strip and Foil in Ecuador
Price for Nickel; Plates, Sheets, Strip and Foil in Ecuador (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foils amounted to $56,399 per ton, with an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Norway ($277,750 per ton), while the price for Germany ($44,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil in Ecuador (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foils stood at $16,750 per ton in 2021, remaining constant against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $77,040 per ton. From 2016 to 2021, 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 Poland.
From 2014 to 2021, the rate of growth in terms of prices for Poland amounted to 0.0% per year.
Imports of Nickel; Plates, Sheets, Strip and Foil in Ecuador
In 2022, supplies from abroad of nickel; plates, sheets, strip and foils increased by 44% to 148 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic slump.
In value terms, imports of nickel; plates, sheets, strip and foils soared to $8.3K in 2022. In general, imports, however, showed a dramatic downturn.
| Import of Nickel; Plates, Sheets, Strip and Foil in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.9 | 1.4 | 3.8 | 236.2% |
| United States | 16.8 | 10.4 | 1.3 | 1.7 | -53.4% |
| Germany | N/A | 0.2 | 0.5 | 1.5 | 173.9% |
| Norway | N/A | N/A | N/A | 1.1 | 0% |
| Brazil | 2.8 | 0.6 | 0.4 | 0.2 | -58.5% |
| Others | N/A | 0.2 | 1.3 | 0.1 | -29.3% |
| Total | 19.7 | 12.3 | 4.9 | 8.3 | -25.0% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Ecuador in 2022:
- China (77.0 kg)
- Germany (33.0 kg)
- United States (32.0 kg)
- Norway (4.0 kg)
- Brazil (1.0 kg)
Exports of Nickel; Plates, Sheets, Strip and Foil in Ecuador
Exports of nickel; plates, sheets, strip and foils from Ecuador shrank sharply to 8 kg in 2021, with a decrease of -20% compared with the previous year. Over the period under review, exports showed a sharp descent.
In value terms, exports of nickel; plates, sheets, strip and foils declined notably to $134 in 2021. In general, exports saw a abrupt setback.
| Export of Nickel; Plates, Sheets, Strip and Foil in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Poland | N/A | 134 | 0% | ||
| United States | 167 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 167 | 134 | -19.8% | ||
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Ecuador in 2022:
- Poland (8.0 kg)
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