Price for Nickel; Waste and Scrap in Ecuador - 2022
Contents:
- Price for Nickel; Waste and Scrap in Ecuador (FOB) - 2022
- Price for Nickel; Waste and Scrap in Ecuador (CIF) - 2022
- Exports of Nickel; Waste and Scrap in Ecuador
- Imports of Nickel; Waste and Scrap in Ecuador
Price for Nickel; Waste and Scrap in Ecuador (FOB) - 2022
The average nickel; waste and scrap export price stood at $13,553 per ton in 2022, with an increase of 112% against the previous year. Over the period under review, the export price saw a notable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($36,485 per ton), while the average price for exports to Belgium ($1,302 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 Belgium (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nickel; Waste and Scrap in Ecuador (CIF) - 2022
The average nickel; waste and scrap import price stood at $1,017 per ton in 2022, picking up by 29% against the previous year. Over the period under review, the import price, however, faced a abrupt slump. Over the period under review, average import prices reached the peak figure at $3,355 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Bolivia.
From 2015 to 2022, the rate of growth in terms of prices for Bolivia amounted to +21.1% per year.
Exports of Nickel; Waste and Scrap in Ecuador
In 2022, the amount of nickel; waste and scraps exported from Ecuador fell slightly to 4.8 tons, with a decrease of -4.9% against the year before. Over the period under review, exports continue to indicate a abrupt descent.
In value terms, nickel; waste and scrap exports skyrocketed to $65K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Waste and Scrap in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 37.8 | 0% |
| Netherlands | 45.8 | 40.7 | 25.1 | 19.4 | -24.9% |
| United States | 5.9 | 5.1 | 4.1 | 4.0 | -12.2% |
| Belgium | 2.7 | 2.8 | 2.8 | 3.5 | 9.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 54.4 | 48.6 | 32.0 | 64.7 | 6.0% |
Top Export Markets for Nickel; Waste and Scrap from Ecuador in 2022:
- Belgium (2.7 tons)
- India (1.0 tons)
- Netherlands (0.6 tons)
- United States (0.5 tons)
Imports of Nickel; Waste and Scrap in Ecuador
Nickel; waste and scrap imports into Ecuador shrank notably to 9.9 tons in 2022, waning by -40% on the year before. Overall, imports continue to indicate a precipitous slump. The smallest decline of -28.6% was in 2021.
In value terms, nickel; waste and scrap imports reduced markedly to $10K in 2022. Over the period under review, imports recorded a dramatic contraction. The smallest decline of -18.5% was in 2021.
| Import of Nickel; Waste and Scrap in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Bolivia | 16.0 | 4.1 | 10.1 | -20.5% | |
| Costa Rica | N/A | 8.9 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 16.0 | 13.0 | 10.1 | -20.5% | |
Top Suppliers of Nickel; Waste and Scrap to Ecuador in 2022:
- Bolivia (9.9 tons)
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