Price for Nickel Oxides and Hydroxides in Chile - 2023

Contents:

  1. Price for Nickel Oxides and Hydroxides in Chile (CIF) - 2022
  2. Imports of Nickel Oxides and Hydroxides in Chile

Price for Nickel Oxides and Hydroxides in Chile (CIF) - 2022

The average nickel oxides and hydroxides import price stood at $3,348 per ton in 2022, falling by -64.9% against the previous year. In general, the import price saw a deep downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 74% against the previous year. The import price peaked at $12,095 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +4.0% per year.

Imports of Nickel Oxides and Hydroxides in Chile

In 2022, after three years of growth, there was significant decline in overseas purchases of nickel oxides and hydroxideses, when their volume decreased by -95.3% to 23 kg. In general, imports, however, saw a tangible increase. The pace of growth appeared the most rapid in 2020 when imports increased by 395%.

In value terms, nickel oxides and hydroxides imports declined sharply to $77 in 2022. Over the period under review, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 399%. As a result, imports attained the peak of $4.7K, and then reduced rapidly in the following year.

Import of Nickel Oxides and Hydroxides in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2197432,26577.0-29.4%
Spain24.081.0665N/A426.4%
Others11.01121,738N/A1157.0%
Total2549364,66877.0-32.8%

Top Suppliers of Nickel Oxides and Hydroxides to Chile in 2022:

  1. United States (23.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel oxides and hydroxides - Chile