Price for Nickel; Tube and Pipe Fittings in Guatemala - 2023

Price for Nickel; Tube and Pipe Fittings in Guatemala (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $3,805 per ton in 2022, with a decrease of -62% against the previous year. Overall, the import price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 356%. As a result, import price attained the peak level of $19,324 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,821 per ton), while the price for China totaled $3,733 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%).

Price for Nickel; Tube and Pipe Fittings in Guatemala (FOB) - 2022

In 2022, the average export price for nickel; tube and pipe fittingses amounted to $31,000 per ton, standing approx. at the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2015 an increase of 87% against the previous year. The export price peaked at $50,286 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +842.1% per year.

Imports of Nickel; Tube and Pipe Fittings in Guatemala

For the fourth year in a row, Guatemala recorded growth in supplies from abroad of nickel; tube and pipe fittingses, which increased by 1,877% to 42 tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; tube and pipe fittings imports skyrocketed to $159K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Tube and Pipe Fittings in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	N/A	0.2	154	76900.0%
United States	4.4	7.4	19.6	3.3	-9.1%
Others	N/A	0.9	1.3	1.2	15.5%
Total	4.4	8.3	21.2	159	230.6%

Top Suppliers of Nickel; Tube and Pipe Fittings to Guatemala in 2022:

China (41.4 tons)
United States (0.4 tons)

Exports of Nickel; Tube and Pipe Fittings in Guatemala

In 2022, exports of nickel; tube and pipe fittingses from Guatemala amounted to 2 kg, approximately equating 2021 figures. In general, exports recorded a significant contraction. The smallest decline of 99.9% was in 2021.

In value terms, nickel; tube and pipe fittings exports stood at $62 in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of 99.9% was in 2021.