Chlorides; of Nickel Price in Venezuela - 2022

Contents:

  1. Chlorides; of Nickel Price in Venezuela (CIF) - 2022
  2. Chlorides; of Nickel Imports in Venezuela

Chlorides; of Nickel Price in Venezuela (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $26,421 per ton, picking up by 41% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $29,836 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 Argentina ($95,857 per ton), while the price for Germany ($2,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Nickel Imports in Venezuela

For the third year in a row, Venezuela recorded decline in overseas purchases of chlorides; of nickels, which decreased by -20% to 328 kg in 2022. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -19.8% was in 2021.

In value terms, chlorides; of nickel imports stood at $8.7K in 2022. The total import value increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Chlorides; of Nickel in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4.35.05.86.715.9%
United States1.41.51.61.64.6%
Germany0.40.30.30.3-9.1%
OthersN/AN/AN/AN/A0%
Total6.06.87.78.713.2%

Top Suppliers of Chlorides; of Nickel to Venezuela in 2022:

  1. Germany (144.0 kg)
  2. United States (114.0 kg)
  3. Argentina (70.0 kg)

Source: IndexBox Market Intelligence Platform

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