Price for Nickel; Bars, Rods, Profiles and Wire in Colombia - 2022
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Colombia (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Colombia (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Colombia
- Exports of Nickel; Bars, Rods, Profiles and Wire in Colombia
Price for Nickel; Bars, Rods, Profiles and Wire in Colombia (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $44,289 per ton, growing by 48% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 79%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($179,116 per ton), while the price for China ($13,642 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Colombia (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $11,040 per ton, standing approx. at the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 57%. Over the period under review, the average export prices attained the peak figure at $98,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Peru ($425,590 per ton), while the average price for exports to Venezuela amounted to $5,646 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+12.8%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Bars, Rods, Profiles and Wire in Colombia
In 2022, the amount of nickel; bars, rods, profiles and wires imported into Colombia dropped slightly to 40 tons, which is down by -3.1% against 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year.
In value terms, imports of nickel; bars, rods, profiles and wires soared to $1.8M in 2022. In general, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 169 | 351 | 434 | 642 | 56.0% |
| India | 553 | 241 | 464 | 572 | 1.1% |
| United States | 130 | 71.8 | 158 | 241 | 22.8% |
| Germany | 231 | 62.3 | 103 | 120 | -19.6% |
| China | 25.0 | 29.4 | 21.2 | 113 | 65.3% |
| Others | 44.8 | 29.1 | 41.0 | 68.1 | 15.0% |
| Total | 1,153 | 784 | 1,222 | 1,756 | 15.1% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Colombia in 2022:
- India (19.8 tons)
- China (8.3 tons)
- Japan (3.6 tons)
- United States (3.3 tons)
- Germany (3.3 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Colombia
Exports of nickel; bars, rods, profiles and wires from Colombia soared to 4.2 tons in 2022, with an increase of 19% compared with the year before. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 319%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires soared to $46K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 69%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Nickel; Bars, Rods, Profiles and Wire in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 2.1 | 2.5 | 24.6 | 23.4 | 123.4% |
| India | N/A | 24.2 | N/A | N/A | 0% |
| Others | 17.8 | 6.8 | 14.7 | 22.9 | 8.8% |
| Total | 19.9 | 33.5 | 39.4 | 46.3 | 32.5% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Colombia in 2022:
- Venezuela (4.1 tons)
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