Sulphates; of Nickel Price in Bolivia - 2023
Contents:
Sulphates; of Nickel Price in Bolivia (CIF) - 2022
The average sulphates; of nickel import price stood at $5,835 per ton in 2022, surging by 9.8% against the previous year. Overall, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 19%. Over the period under review, average import prices hit record highs at $6,834 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($5,837 per ton), while the price for Brazil ($5,835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.8%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Nickel Imports in Bolivia
In 2022, imports of sulphates; of nickels into Bolivia skyrocketed to 14 tons, growing by 28% compared with the year before. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,075% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, sulphates; of nickel imports surged to $81K in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 2,201% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sulphates; of Nickel in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 0.8 | 49.6 | 69.4 | 831.4% |
| China | N/A | N/A | 6.4 | 7.1 | 10.9% |
| Peru | N/A | N/A | 1.8 | 4.6 | 155.6% |
| France | 3.6 | 1.7 | N/A | N/A | -52.8% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.7 | 2.5 | 57.8 | 81.0 | 179.7% |
Top Suppliers of Sulphates; of Nickel to Bolivia in 2022:
- Brazil (11.9 tons)
- China (1.2 tons)
- Peru (0.8 tons)
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