Price for Nickel; Waste and Scrap in Bolivia - 2023

Contents:

  1. Price for Nickel; Waste and Scrap in Bolivia (FOB) - 2022
  2. Exports of Nickel; Waste and Scrap in Bolivia

Price for Nickel; Waste and Scrap in Bolivia (FOB) - 2022

The average nickel; waste and scrap export price stood at $248 per ton in 2022, rising by 4.8% against the previous year. In general, export price indicated a significant increase from 2019 to 2022: its price increased at an average annual rate of +25.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; waste and scrap export price increased by +97.8% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 83%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($287 per ton) and Brazil ($283 per ton), while the average price for exports to Hong Kong SAR ($200 per ton) and South Korea ($236 per ton) were amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Nickel; Waste and Scrap in Bolivia

In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; waste and scraps, when their volume decreased by -43.2% to 3K tons. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 436%.

In value terms, nickel; waste and scrap exports shrank markedly to $738K in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 883%.

Export of Nickel; Waste and Scrap in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium10.8192235312206.8%
South Korea12.863.1183115107.9%
India2.86.218.763.9183.6%
NetherlandsN/AN/A52.640.9-22.2%
Hong Kong SAR13.938.142.439.141.2%
SpainN/AN/A92.834.1-63.3%
United States4.827.015327.378.5%
Germany5.3N/AN/A25.769.3%
BrazilN/A86.667.720.4-51.5%
Russia2.79.411417.084.7%
EcuadorN/A18.669.416.6-5.5%
Taiwan (Chinese)11.842.418.910.4-4.1%
JapanN/A27.4112N/A308.8%
OthersN/A12880.315.5-65.2%
Total65.06391,240738124.8%

Top Export Markets for Nickel; Waste and Scrap from Bolivia in 2022:

  1. Belgium (1226.2 tons)
  2. South Korea (487.9 tons)
  3. India (245.5 tons)
  4. Hong Kong SAR (195.3 tons)
  5. Netherlands (166.1 tons)
  6. Spain (143.9 tons)
  7. Germany (108.1 tons)
  8. United States (95.1 tons)
  9. Brazil (72.2 tons)
  10. Russia (71.5 tons)
  11. Ecuador (70.0 tons)
  12. Taiwan (Chinese) (36.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; waste and scrap - Bolivia