Price for Nickel; Waste and Scrap in Brazil - 2023

Contents:

1. Price for Nickel; Waste and Scrap in Brazil (FOB) - 2022
2. Price for Nickel; Waste and Scrap in Brazil (CIF) - 2022
3. Exports of Nickel; Waste and Scrap in Brazil
4. Imports of Nickel; Waste and Scrap in Brazil

Price for Nickel; Waste and Scrap in Brazil (FOB) - 2022

In 2022, the average nickel; waste and scrap export price amounted to $5,736 per ton, declining by -10.1% against the previous year. Overall, the export price showed a perceptible slump. The pace of growth appeared the most rapid in 2020 an increase of 34% against the previous year. The export price peaked at $9,606 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15,483 per ton), while the average price for exports to the Netherlands ($1,676 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Waste and Scrap in Brazil (CIF) - 2022

In 2022, the average nickel; waste and scrap import price amounted to $20,896 per ton, flattening at the previous year. Over the period under review, the import price posted a significant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 5,202%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2016 to 2022, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

Exports of Nickel; Waste and Scrap in Brazil

Nickel; waste and scrap exports from Brazil surged to 823 tons in 2022, increasing by 81% compared with 2021. Overall, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; waste and scrap exports skyrocketed to $4.7M in 2022. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Waste and Scrap from Brazil in 2022:

1. Belgium (559.5 tons)
2. United States (127.9 tons)
3. Singapore (82.8 tons)
4. Italy (30.2 tons)
5. Netherlands (22.9 tons)

Imports of Nickel; Waste and Scrap in Brazil

In 2022, after two years of decline, there was decline in purchases abroad of nickel; waste and scraps, when their volume decreased by 0% to 24 tons. In general, imports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; waste and scrap imports totaled $502K in 2022. Overall, imports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Nickel; Waste and Scrap to Brazil in 2022:

1. Canada (24.0 tons)

Source: IndexBox Market Intelligence Platform