Nickel; Unwrought, Alloys Price in Poland - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Poland (CIF) - 2023
- Nickel; Unwrought, Alloys Price in Poland (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Poland
- Nickel; Unwrought, Alloys Exports in Poland
Nickel; Unwrought, Alloys Price in Poland (CIF) - 2023
In July 2023, the average nickel; unwrought, alloys import price amounted to $59,020 per ton, reducing by -29.2% against the previous month. Over the period under review, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in August 2022 an increase of 102% m-o-m. The import price peaked at $89,192 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($69,929 per ton), while the price for the UK ($37,062 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Price in Poland (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $33,481 per ton, surging by 57% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 132%. The export price peaked at $51,368 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($41,536 per ton), while the average price for exports to France amounted to $30,354 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel; Unwrought, Alloys Imports in Poland
In 2022, imports of nickel; unwrought, alloyses into Poland rose remarkably to 291 tons, increasing by 10% on 2021. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, nickel; unwrought, alloys imports surged to $14M in 2022. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 6.9 | 8.0 | 8.0 | 7.7% |
| United States | 13.3 | 1.7 | 2.4 | 4.7 | -29.3% |
| United Kingdom | 0.3 | 0.7 | 0.9 | 1.2 | 58.7% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 13.6 | 9.3 | 11.4 | 14.1 | 1.2% |
Top Suppliers of Nickel; Unwrought, Alloys to Poland in 2022:
- France (170.1 tons)
- United States (76.6 tons)
- United Kingdom (40.4 tons)
Nickel; Unwrought, Alloys Exports in Poland
In 2022, overseas shipments of nickel; unwrought, alloyses increased by 189% to 3.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic shrinkage.
In value terms, nickel; unwrought, alloys exports soared to $115K in 2022. Overall, exports, however, saw a sharp shrinkage.
| Export of Nickel; Unwrought, Alloys in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 70.2 | 20.9 | 85.1 | 10.1% |
| Belgium | N/A | N/A | N/A | 25.7 | 0% |
| Russia | 675 | 4.9 | N/A | N/A | -99.3% |
| United States | 48.4 | 0.9 | 3.6 | N/A | -72.7% |
| Ukraine | 14.6 | 7.6 | N/A | N/A | -47.9% |
| Others | 3.6 | 5.5 | 0.9 | 4.5 | 7.7% |
| Total | 742 | 89.1 | 25.4 | 115 | -46.3% |
Top Export Markets for Nickel; Unwrought, Alloys from Poland in 2022:
- France (2.8 tons)
- Belgium (0.6 tons)
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This report provides an in-depth analysis of the nickel market in Poland.
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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 Poland.
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This report provides an in-depth analysis of the nickel market in Poland.
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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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In April 2023, the Nickel price stood at $34,215 per ton (CIF, Poland), registering a decrease of -7.8% compared to the previous month.
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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...
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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...
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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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In April 2023, the Nickel price stood at $34,215 per ton (CIF, Poland), registering a decrease of -7.8% compared to the previous month.
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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.
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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...
