Price for Nickel; Wire, of Nickel Alloys in Peru - 2021
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Peru (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Peru (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Peru
- Exports of Nickel; Wire, of Nickel Alloys in Peru
Price for Nickel; Wire, of Nickel Alloys in Peru (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $21,281 per ton, reducing by -14.8% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2017 an increase of 25%. The import price peaked at $29,980 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($38,533 per ton), while the price for China ($9,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Wire, of Nickel Alloys in Peru (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $14,726 per ton in 2022, reducing by -20.9% against the previous year. Overall, the export price, however, enjoyed significant growth. The growth pace was the most rapid in 2014 an increase of 145%. Over the period under review, the average export prices hit record highs at $18,607 per ton in 2021, and then dropped rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($79,159 per ton), while the average price for exports to Guatemala ($3,939 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 Venezuela (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Peru
After three years of growth, overseas purchases of nickel; wire, of nickel alloyses decreased by -8.9% to 22 tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, imports attained the peak of 24 tons, and then dropped in the following year.
In value terms, nickel; wire, of nickel alloys imports contracted rapidly to $470K in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. As a result, imports attained the peak of $605K, and then declined markedly in the following year.
Import of Nickel; Wire, of Nickel Alloys in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 98.3 | 136 | 186 | 182 | 22.8% |
Austria | 4.5 | 59.6 | 130 | 107 | 187.6% |
France | 38.7 | 49.2 | 61.6 | 55.4 | 12.7% |
Germany | 57.1 | 17.3 | 64.6 | 53.1 | -2.4% |
China | 16.6 | 16.5 | 31.4 | 25.8 | 15.8% |
India | 18.5 | 17.0 | 2.0 | 12.4 | -12.5% |
United States | 13.2 | 8.8 | 11.8 | 11.4 | -4.8% |
Others | 20.5 | 29.4 | 118 | 22.7 | 3.5% |
Total | 267 | 334 | 605 | 470 | 20.7% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Peru in 2022:
- Chile (8.0 tons)
- Austria (5.0 tons)
- China (2.8 tons)
- Germany (1.8 tons)
- France (1.4 tons)
- United States (1.2 tons)
- India (1.1 tons)
Exports of Nickel; Wire, of Nickel Alloys in Peru
For the fourth year in a row, Peru recorded growth in overseas shipments of nickel; wire, of nickel alloyses, which increased by 2.4% to 766 kg in 2022. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, nickel; wire, of nickel alloys exports reduced sharply to $11K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, the exports attained the peak of $14K, and then fell significantly in the following year.
Export of Nickel; Wire, of Nickel Alloys in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 3.3 | 3.8 | 4.0 | 4.7 | 12.5% |
Ecuador | 2.0 | 2.1 | 3.4 | 3.7 | 22.8% |
Costa Rica | 1.1 | 1.2 | 1.0 | 1.2 | 2.9% |
Guatemala | 1.1 | 1.1 | 1.1 | 1.2 | 2.9% |
El Salvador | 0.4 | 0.2 | 0.1 | 0.2 | -20.6% |
United States | 0.3 | 0.2 | N/A | 0.2 | -12.6% |
Honduras | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Colombia | N/A | N/A | 4.1 | N/A | 0% |
Spain | 0.7 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.0 | 8.6 | 13.9 | 11.3 | 7.9% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Peru in 2022:
- Guatemala (314.0 kg)
- Costa Rica (197.0 kg)
- Ecuador (93.0 kg)
- Venezuela (59.0 kg)
- El Salvador (44.0 kg)
- United States (30.0 kg)
- Honduras (28.0 kg)
This report provides an in-depth analysis of the market for nickel and nickel alloy bar in Peru.
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...