Price for Nickel Oxides and Hydroxides in Venezuela - 2022
Contents:
- Price for Nickel Oxides and Hydroxides in Venezuela (CIF) - 2022
- Imports of Nickel Oxides and Hydroxides in Venezuela
Price for Nickel Oxides and Hydroxides in Venezuela (CIF) - 2022
The average nickel oxides and hydroxides import price stood at $10,816 per ton in 2022, growing by 3.8% against the previous year. Overall, the import price, however, recorded a abrupt slump. The import price peaked at $24,838 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($12,064 per ton), while the price for the United States totaled $997 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-8.2%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel Oxides and Hydroxides in Venezuela
After three years of growth, purchases abroad of nickel oxides and hydroxideses decreased by -4.8% to 24 tons in 2022. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. As a result, imports reached the peak of 25 tons, and then contracted modestly in the following year.
In value terms, nickel oxides and hydroxides imports dropped to $260K in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 2.4%. As a result, imports reached the peak of $263K, and then shrank slightly in the following year.
| Import of Nickel Oxides and Hydroxides in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 246 | 253 | 260 | 257 | 1.5% |
| United States | 4.7 | 3.9 | 3.3 | 2.7 | -16.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 251 | 257 | 263 | 260 | 1.2% |
Top Suppliers of Nickel Oxides and Hydroxides to Venezuela in 2022:
- China (21.3 tons)
- United States (2.7 tons)
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