Nickel; Unwrought, Alloys Price in Austria - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Austria (CIF) - 2023
- Nickel; Unwrought, Alloys Price in Austria (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Austria
- Nickel; Unwrought, Alloys Exports in Austria
Nickel; Unwrought, Alloys Price in Austria (CIF) - 2023
The average nickel; unwrought, alloys import price stood at $30,491 per ton in June 2023, surging by 1.8% against the previous month. Over the period under review, import price indicated a moderate increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, nickel; unwrought, alloys import price decreased by -2.4% against April 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 38% against the previous month. As a result, import price reached the peak level of $31,228 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +3.1% per month.
Nickel; Unwrought, Alloys Price in Austria (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $30,053 per ton, increasing by 67% against the previous year. Over the period under review, the export price posted a perceptible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($30,425 per ton), while the average price for exports to Italy amounted to $29,675 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Nickel; Unwrought, Alloys Imports in Austria
In 2022, purchases abroad of nickel; unwrought, alloyses was finally on the rise to reach 9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt downturn.
In value terms, nickel; unwrought, alloys imports surged to $177M in 2022. Overall, imports, however, recorded a slight reduction.
| Import of Nickel; Unwrought, Alloys in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 171 | 176 | 131 | 171 | 0.0% |
| Luxembourg | 11.2 | 10.8 | 10.0 | 2.0 | -43.7% |
| Others | 0.8 | 0.7 | 1.1 | 4.4 | 76.5% |
| Total | 183 | 188 | 142 | 177 | -1.1% |
Top Suppliers of Nickel; Unwrought, Alloys to Austria in 2022:
- Germany (8.8K tons)
- Luxembourg (0.1K tons)
Nickel; Unwrought, Alloys Exports in Austria
In 2022, the amount of nickel; unwrought, alloyses exported from Austria soared to 195 tons, increasing by 1,032% on 2021. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, alloys exports surged to $5.9M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Alloys in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 26.3 | N/A | 3,966 | 1128.0% |
| Germany | 121 | 120 | 288 | 1,850 | 148.2% |
| United States | N/A | 76.4 | 0.1 | N/A | -99.9% |
| Others | 81.0 | 4.6 | 22.9 | 50.6 | -14.5% |
| Total | 202 | 227 | 311 | 5,867 | 207.4% |
Top Export Markets for Nickel; Unwrought, Alloys from Austria in 2022:
- Italy (133.6 tons)
- Germany (60.8 tons)
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This report provides an in-depth analysis of the nickel market in Austria.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Austria.
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This report provides an in-depth analysis of the nickel market in Austria.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
888
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1022
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
282
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1222
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
888
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1022
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
