Sulphates; of Nickel Price in Portugal - 2023
Contents:
Sulphates; of Nickel Price in Portugal (CIF) - 2022
In 2022, the average sulphates; of nickel import price amounted to $6,459 per ton, increasing by 37% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of nickel import price increased by +130.6% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($6,472 per ton), while the price for Austria stood at $6,328 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.3%).
Sulphates; of Nickel Imports in Portugal
In 2022, purchases abroad of sulphates; of nickels was finally on the rise to reach 191 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of nickel imports soared to $1.2M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Nickel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 465 | 496 | 582 | 1,039 | 30.7% |
| Austria | 161 | 139 | 93.9 | 190 | 5.7% |
| Others | 4.7 | 15.2 | 34.0 | 2.9 | -14.9% |
| Total | 630 | 650 | 710 | 1,232 | 25.1% |
Top Suppliers of Sulphates; of Nickel to Portugal in 2022:
- Spain (160.6 tons)
- Austria (30.0 tons)
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