Price for Nickel Oxides and Hydroxides in Spain - 2023

Contents:

1. Price for Nickel Oxides and Hydroxides in Spain (CIF) - 2023
2. Price for Nickel Oxides and Hydroxides in Spain (FOB) - 2022
3. Imports of Nickel Oxides and Hydroxides in Spain
4. Exports of Nickel Oxides and Hydroxides in Spain

Price for Nickel Oxides and Hydroxides in Spain (CIF) - 2023

In July 2023, the average nickel oxides and hydroxides import price amounted to $20,131 per ton, picking up by 2.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 22% against the previous month. As a result, import price reached the peak level of $24,713 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($21,868 per ton), while the price for the Netherlands amounted to $18,862 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%).

Price for Nickel Oxides and Hydroxides in Spain (FOB) - 2022

The average nickel oxides and hydroxides export price stood at $30,829 per ton in 2022, growing by 9.7% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth appeared the most rapid in 2014 an increase of 199%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($73,400 per ton), while the average price for exports to Chile ($23,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4,035.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel Oxides and Hydroxides in Spain

In 2022, after three years of growth, there was significant decline in purchases abroad of nickel oxides and hydroxideses, when their volume decreased by -33.6% to 196 tons. Overall, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 79% against the previous year. As a result, imports reached the peak of 296 tons, and then contracted dramatically in the following year.

In value terms, nickel oxides and hydroxides imports declined rapidly to $3.6M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 108% against the previous year. As a result, imports attained the peak of $4.5M, and then contracted remarkably in the following year.

Top Suppliers of Nickel Oxides and Hydroxides to Spain in 2022:

1. Cuba (84.0 tons)
2. Netherlands (71.5 tons)
3. Belgium (35.5 tons)
4. France (3.0 tons)

Exports of Nickel Oxides and Hydroxides in Spain

In 2022, nickel oxides and hydroxides exports from Spain dropped dramatically to 433 kg, waning by -94% compared with 2021 figures. In general, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year.

In value terms, nickel oxides and hydroxides exports fell dramatically to $13K in 2022. Over the period under review, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. As a result, the exports reached the peak of $201K, and then fell significantly in the following year.

Top Export Markets for Nickel Oxides and Hydroxides from Spain in 2022:

1. Portugal (302.0 kg)
2. Tunisia (66.0 kg)
3. France (35.0 kg)
4. Chile (25.0 kg)

Source: IndexBox Market Intelligence Platform