Price for Nickel; Wire, of Nickel Alloys in Ecuador - 2021

Contents:

  1. Price for Nickel; Wire, of Nickel Alloys in Ecuador (CIF) - 2022
  2. Imports of Nickel; Wire, of Nickel Alloys in Ecuador

Price for Nickel; Wire, of Nickel Alloys in Ecuador (CIF) - 2022

The average import price for nickel; wire, of nickel alloyses stood at $34,441 per ton in 2022, approximately mirroring the previous year. Overall, the import price showed a perceptible descent. The pace of growth appeared the most rapid in 2016 an increase of 27% against the previous year. As a result, import price reached the peak level of $87,830 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Peru ($914,429 per ton), while the price for China ($27,618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+36.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Wire, of Nickel Alloys in Ecuador

After two years of decline, purchases abroad of nickel; wire, of nickel alloyses increased by 15% to 814 kg in 2022. In general, imports, however, saw a deep contraction.

In value terms, nickel; wire, of nickel alloys imports expanded remarkably to $28K in 2022. Over the period under review, imports, however, showed a deep reduction.

Import of Nickel; Wire, of Nickel Alloys in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.016.819.522.2123.1%
Turkey23.110.2N/AN/A-55.8%
Others8.24.84.95.8-10.9%
Total33.231.724.428.0-5.5%

Top Suppliers of Nickel; Wire, of Nickel Alloys to Ecuador in 2022:

  1. China (805.0 kg)

Source: IndexBox Market Intelligence Platform

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