Nickel; Unwrought, Alloys Price in Ecuador - 2021
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Nickel; Unwrought, Alloys Price in Ecuador (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $77,969 per ton, increasing by 83% against the previous year. Overall, the import price continues to indicate resilient growth. Over the period under review, average import prices hit record highs at $84,830 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States ($120,367 per ton), while the price for Germany amounted to $9,934 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Imports in Ecuador
In 2022, approx. 672 kg of nickel; unwrought, alloyses were imported into Ecuador; with an increase of 60% against 2021 figures. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 278% against the previous year. As a result, imports reached the peak of 1.6 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; unwrought, alloys imports skyrocketed to $52K in 2022. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.9 | 11.8 | 7.5 | 49.8 | 13.7% |
| Germany | 1.7 | 1.3 | 1.4 | 2.6 | 15.2% |
| Colombia | N/A | 15.9 | 3.9 | N/A | -75.5% |
| Canada | N/A | 15.9 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 5.1 | N/A | 257.1% |
| Total | 36.0 | 45.1 | 17.9 | 52.4 | 13.3% |
Top Suppliers of Nickel; Unwrought, Alloys to Ecuador in 2022:
- United States (414.0 kg)
- Germany (258.0 kg)
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This report provides an in-depth analysis of the nickel market in Ecuador.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Ecuador.
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This report provides an in-depth analysis of the nickel market in Ecuador.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1192
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
820
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
