Price for Nickel; Wire, of Nickel Alloys in Argentina - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Argentina (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Argentina (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Argentina
- Exports of Nickel; Wire, of Nickel Alloys in Argentina
Price for Nickel; Wire, of Nickel Alloys in Argentina (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $34,264 per ton in 2022, reducing by -17.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 16% against the previous year. The import price peaked at $41,668 per ton in 2021, and then fell notably in the following year.
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 Germany ($99,387 per ton), while the price for Japan ($5,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Argentina (FOB) - 2022
In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $147,702 per ton, surging by 7.2% against the previous year. Overall, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 268% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($149,813 per ton), while the average price for exports to Uruguay amounted to $48,539 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+9.9%).
Imports of Nickel; Wire, of Nickel Alloys in Argentina
In 2022, overseas purchases of nickel; wire, of nickel alloyses increased by 23% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep setback.
In value terms, nickel; wire, of nickel alloys imports amounted to $374K in 2022. In general, imports, however, continue to indicate a precipitous descent.
| Import of Nickel; Wire, of Nickel Alloys in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 324 | 102 | 99.5 | 113 | -29.6% |
| Brazil | 32.4 | 6.1 | 18.6 | 62.0 | 24.2% |
| Germany | 182 | 108 | 59.6 | 55.7 | -32.6% |
| Austria | N/A | 61.9 | 41.2 | 43.5 | -16.2% |
| United States | 118 | 24.7 | 38.1 | 40.3 | -30.1% |
| France | 37.6 | 19.2 | 16.0 | 16.9 | -23.4% |
| Japan | 13.4 | 10.8 | 6.6 | 7.0 | -19.5% |
| Others | 51.2 | 44.4 | 91.4 | 35.1 | -11.8% |
| Total | 758 | 377 | 371 | 374 | -21.0% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Argentina in 2022:
- China (4.8 tons)
- Japan (1.4 tons)
- Brazil (1.2 tons)
- Austria (0.8 tons)
- United States (0.7 tons)
- France (0.6 tons)
- Germany (0.6 tons)
Exports of Nickel; Wire, of Nickel Alloys in Argentina
Nickel; wire, of nickel alloys exports from Argentina amounted to 4 kg in 2022, approximately reflecting 2021. Overall, exports saw a deep reduction. The smallest decline of -20% was in 2021.
In value terms, nickel; wire, of nickel alloys exports totaled $558 in 2022. Over the period under review, exports showed a deep downturn.
| Export of Nickel; Wire, of Nickel Alloys in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 645 | 581 | 524 | 554 | -4.9% |
| Others | 8.0 | 6.0 | 4.0 | 4.0 | -20.6% |
| Total | 653 | 587 | 528 | 558 | -5.1% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Argentina in 2022:
- Paraguay (4.0 kg)
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