Price for Nickel; Unwrought, Not Alloyed in the Dominican Republic - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in the Dominican Republic (FOB) - 2022
- Price for Nickel; Unwrought, Not Alloyed in the Dominican Republic (CIF) - 2022
- Exports of Nickel; Unwrought, Not Alloyed in the Dominican Republic
- Imports of Nickel; Unwrought, Not Alloyed in the Dominican Republic
Price for Nickel; Unwrought, Not Alloyed in the Dominican Republic (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $686 per ton in 2022, picking up by 5.6% against the previous year. Over the last one-year period, it increased at an average annual rate of +5.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2021 to 2022, the rate of growth in terms of prices for India amounted to 0.0% per year.
Price for Nickel; Unwrought, Not Alloyed in the Dominican Republic (CIF) - 2022
The average nickel; unwrought, not alloyed import price stood at $20,683 per ton in 2022, almost unchanged from the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, not alloyed import price increased by +139.8% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 63%. Over the period under review, average import prices attained the peak figure at $20,766 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.1% per year.
Exports of Nickel; Unwrought, Not Alloyed in the Dominican Republic
In 2022, the amount of nickel; unwrought, not alloyeds exported from the Dominican Republic soared to 35 tons, jumping by 853% compared with the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed exports skyrocketed to $24K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Not Alloyed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| India | N/A | 24.1 | 0% | ||
| Germany | 2.1 | N/A | 0% | ||
| Others | 0.4 | 0.2 | -50.0% | ||
| Total | 2.4 | 24.3 | 912.5% | ||
Top Export Markets for Nickel; Unwrought, Not Alloyed from the Dominican Republic in 2022:
- India (35.2 tons)
Imports of Nickel; Unwrought, Not Alloyed in the Dominican Republic
In 2022, overseas purchases of nickel; unwrought, not alloyeds decreased by -6.9% to 773 kg for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 830 kg, and then shrank in the following year.
In value terms, nickel; unwrought, not alloyed imports dropped to $16K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $17K, and then declined in the following year.
| Import of Nickel; Unwrought, Not Alloyed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 14.7 | 17.2 | 16.0 | 5.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.6 | 14.7 | 17.2 | 16.0 | 5.6% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to the Dominican Republic in 2022:
- United States (773.0 kg)
252
This report provides an in-depth analysis of the nickel market in the Dominican Republic.
1151
This report provides an in-depth analysis of the global nickel market.
305
This report provides an in-depth analysis of the nickel market in the Dominican Republic.
252
This report provides an in-depth analysis of the nickel market in the Dominican Republic.
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.
64
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.
64
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%
