Sulphates; of Nickel Price in Ecuador - 2022
Contents:
Sulphates; of Nickel Price in Ecuador (CIF) - 2022
The average sulphates; of nickel import price stood at $6,354 per ton in 2022, falling by -6.8% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $7,944 per ton in 2012; however, from 2013 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +3.9% per year.
Sulphates; of Nickel Imports in Ecuador
In 2022, overseas purchases of sulphates; of nickels decreased by -22.3% to 7.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports attained the peak of 9.5 tons, and then reduced notably in the following year.
In value terms, sulphates; of nickel imports plummeted to $47K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 123%. As a result, imports reached the peak of $65K, and then shrank sharply in the following year.
| Import of Sulphates; of Nickel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.5 | 8.6 | 28.7 | 46.9 | 34.0% |
| Austria | N/A | 10.2 | N/A | N/A | 0% |
| France | N/A | 2.2 | 26.0 | N/A | 1081.8% |
| Albania | 2.6 | 7.8 | N/A | N/A | 200.0% |
| Others | 0.1 | 0.1 | 10.1 | N/A | 905.0% |
| Total | 22.2 | 29.0 | 64.8 | 46.9 | 28.3% |
Top Suppliers of Sulphates; of Nickel to Ecuador in 2022:
- Germany (7.4 tons)
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