Price for Nickel; Wire, of Nickel Alloys in Uruguay - 2022

Contents:

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

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

The average import price for nickel; wire, of nickel alloyses stood at $10,269 per ton in 2022, falling by -39.1% against the previous year. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 44% against the previous year. The import price peaked at $20,162 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Finland ($91,715 per ton), while the price for China ($5,272 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+33.2%), while the prices for the other major suppliers experienced a decline.

Imports of Nickel; Wire, of Nickel Alloys in Uruguay

For the fourth year in a row, Uruguay recorded growth in overseas purchases of nickel; wire, of nickel alloyses, which increased by 44% to 1.6 tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 141%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; wire, of nickel alloys imports reduced to $16K in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 118%.

Import of Nickel; Wire, of Nickel Alloys in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.61.88.17.970.3%
Finland1.82.80.92.613.0%
France0.40.70.60.57.7%
Others2.68.78.85.125.2%
Total6.414.018.416.236.3%

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

  1. China (1501.0 kg)
  2. Finland (29.0 kg)
  3. France (18.0 kg)

Source: IndexBox Market Intelligence Platform

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