Latin America and the Caribbean: Market for Nickel And Nickel Alloy Bar 2019

Market Size for Nickel And Nickel Alloy Bars, Rods, Profiles And Wires in Latin America and the Caribbean

The revenue of the nickel and nickel alloy bar market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, when market value increased by X% y-o-y. In that year, the market for nickel and nickel alloy bar reached their peak level, and is likely to continue its growth in the immediate term.

Production of Nickel And Nickel Alloy Bars, Rods, Profiles And Wires in Latin America and the Caribbean

In 2017, approx. X tons of nickel and nickel alloy bars, rods, profiles and wires were produced in Latin America and the Caribbean; leveling off at the previous year. The production of nickel and nickel alloy bars, rods, profiles and wires continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. Over the period under review, the production of nickel and nickel alloy bars, rods, profiles and wires reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Exports of Nickel And Nickel Alloy Bars, Rods, Profiles And Wires in Latin America and the Caribbean

In 2017, exports of nickel and nickel alloy bars, rods, profiles and wires in Latin America and the Caribbean totaled X tons, coming down by -X% against the previous year. The total exports indicated a temperate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the exports of nickel and nickel alloy bars, rods, profiles and wires decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the exports of nickel and nickel alloy bars, rods, profiles and wires attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, exports of nickel and nickel alloy bars, rods, profiles and wires amounted to $X in 2017. The total exports indicated a noticeable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the exports of nickel and nickel alloy bars, rods, profiles and wires decreased by -X% against 2015 indices. Over the period under review, the exports of nickel and nickel alloy bars, rods, profiles and wires reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Exports of Nickel And Nickel Alloy Bars, Rods, Profiles And Wires by Country in Latin America and the Caribbean

Brazil was the key exporting country with an export of around X tons, which accounted for X% of total exports. Mexico (X tons) occupied the second position in the ranking, distantly followed by Costa Rica (X tons). All these countries together occupied approx. X% share of total exports.

Exports from Brazil increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mexico (+X%) and Costa Rica (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Mexico and Brazil decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest nickel and nickel alloy bar supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Costa Rica, with a X% share.

In Brazil, exports of nickel and nickel alloy bars, rods, profiles and wires expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Costa Rica (-X% per year).

Export Prices for Nickel And Nickel Alloy Bars, Rods, Profiles And Wires by Country in Latin America and the Caribbean

In 2017, the export price for nickel and nickel alloy bars, rods, profiles and wires in Latin America and the Caribbean amounted to $X per kg, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for nickel and nickel alloy bars, rods, profiles and wires attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per kg), while Costa Rica ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced a decline in the export price figures.

Imports of Nickel And Nickel Alloy Bars, Rods, Profiles And Wires in Latin America and the Caribbean

The imports totaled X tons in 2017, jumping by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, imports of nickel and nickel alloy bars, rods, profiles and wires totaled $X in 2017. The imports of nickel and nickel alloy bars, rods, profiles and wires continue to indicate a relatively flat trend pattern. Over the period under review, the imports of nickel and nickel alloy bars, rods, profiles and wires reached its maximum level in 2017, and are likely to continue its growth in the immediate term.

Imports of Nickel And Nickel Alloy Bars, Rods, Profiles And Wires by Country in Latin America and the Caribbean

Mexico dominates imports of nickel and nickel alloy bars, rods, profiles and wires structure, finishing at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Costa Rica (X tons), mixed up X% share of total imports. The following importers - Argentina (X tons) and Brazil (X tons) each recorded a X% share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Costa Rica (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Argentina experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Brazil increased by X% percentage points, while Costa Rica (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported nickel and nickel alloy bars, rods, profiles and wires in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

In Mexico, imports of nickel and nickel alloy bars, rods, profiles and wires expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Costa Rica (+X% per year) and Argentina (-X% per year).

Import Prices for Nickel And Nickel Alloy Bars, Rods, Profiles And Wires by Country in Latin America and the Caribbean

In 2017, the import price for nickel and nickel alloy bars, rods, profiles and wires in Latin America and the Caribbean amounted to $X per kg, increasing by X% against the previous year. The import price for nickel and nickel alloy bars, rods, profiles and wires continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% y-o-y. In that year, the import prices for nickel and nickel alloy bars, rods, profiles and wires attained their peak level of $X per kg. From 2012 to 2017, growth of the import prices for nickel and nickel alloy bars, rods, profiles and wires failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Argentina ($X per kg) and Brazil ($X per kg), while Costa Rica ($X per kg) and Mexico ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform