Price for Nickel; Unwrought, Not Alloyed in Argentina - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Argentina (CIF) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Argentina (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Argentina
- Exports of Nickel; Unwrought, Not Alloyed in Argentina
Price for Nickel; Unwrought, Not Alloyed in Argentina (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $32,056 per ton, growing by 63% against the previous year. Overall, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Brazil ($134,214 per ton), while the price for Russia ($24,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Unwrought, Not Alloyed in Argentina (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $9,622 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 24%. The export price peaked at $26,290 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uruguay.
From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to -9.6% per year.
Imports of Nickel; Unwrought, Not Alloyed in Argentina
In 2022, the amount of nickel; unwrought, not alloyeds imported into Argentina dropped sharply to 395 tons, reducing by -20.6% compared with the previous year's figure. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 104%. As a result, imports attained the peak of 497 tons, and then dropped sharply in the following year.
In value terms, nickel; unwrought, not alloyed imports skyrocketed to $13M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 177%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,081 | 367 | 412 | 3,987 | 54.5% |
| Finland | 848 | 327 | 2,452 | 1,561 | 22.6% |
| Japan | 192 | 156 | 226 | 1,336 | 90.9% |
| Norway | 947 | 396 | 1,294 | 1,309 | 11.4% |
| South Africa | 152 | 23.7 | 363 | 1,027 | 89.0% |
| United Kingdom | 112 | 107 | 362 | 747 | 88.2% |
| Italy | 397 | 393 | 390 | 637 | 17.1% |
| Russia | 515 | 237 | 182 | 494 | -1.4% |
| Netherlands | 277 | 149 | 1,430 | N/A | 127.2% |
| Others | 2,177 | 1,383 | 2,682 | 1,563 | -10.5% |
| Total | 6,698 | 3,538 | 9,794 | 12,661 | 23.6% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Argentina in 2022:
- Australia (124.0 tons)
- Finland (53.9 tons)
- Japan (47.3 tons)
- Norway (46.2 tons)
- South Africa (33.0 tons)
- Italy (20.4 tons)
- Russia (20.3 tons)
- United Kingdom (19.8 tons)
Exports of Nickel; Unwrought, Not Alloyed in Argentina
In 2022, shipments abroad of nickel; unwrought, not alloyeds increased by 1.1% to 90 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a slight descent.
In value terms, nickel; unwrought, not alloyed exports stood at $866 in 2022. Over the period under review, exports, however, faced a abrupt setback.
| Export of Nickel; Unwrought, Not Alloyed in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 4.0 | 963 | 770 | 866 | 500.5% |
| Belgium | 81.0 | N/A | N/A | N/A | 0% |
| Others | 1,118 | N/A | N/A | N/A | 0% |
| Total | 1,203 | 963 | 770 | 866 | -10.4% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Argentina in 2022:
- Uruguay (90.0 kg)
375
This report provides an in-depth analysis of the nickel market in Argentina.
1151
This report provides an in-depth analysis of the global nickel market.
320
This report provides an in-depth analysis of the nickel market in Argentina.
375
This report provides an in-depth analysis of the nickel market in Argentina.
1009
This report provides an in-depth analysis of the global nickel market.
1151
This report provides an in-depth analysis of the global nickel market.
63
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1177
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
804
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
993
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1802
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
881
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
63
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1177
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
804
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
993
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
