Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Australia - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Australia (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Australia (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Australia
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Australia
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Australia (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $216,989 per ton in 2022, which is down by -33.7% against the previous year. Over the period under review, the import price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 616% against the previous year. The import price peaked at $327,059 per ton in 2021, and then contracted notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($677,831 per ton), while the price for Sweden ($38,762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+41.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Australia (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $22,609 per ton, declining by -58.2% against the previous year. Overall, the export price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of 56%. The export price peaked at $79,632 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($61,726 per ton), while the average price for exports to the UK amounted to $20,569 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Australia
In 2022, approx. 448 kg of nickel; bars, rods and profiles, not alloyeds were imported into Australia; with an increase of 121% on the previous year. Overall, imports enjoyed a modest expansion.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $97K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 44.4 | 56.3 | 26.8% |
| China | 6.9 | 7.6 | 14.6 | 16.1 | 32.6% |
| Germany | 9.8 | 8.7 | 7.4 | 9.7 | -0.3% |
| United States | N/A | N/A | N/A | 7.1 | 0% |
| Japan | N/A | N/A | N/A | 6.5 | 0% |
| Sweden | 32.4 | 15.7 | N/A | 1.6 | -63.3% |
| Netherlands | 3.4 | 2.8 | N/A | N/A | -17.6% |
| Others | 1.6 | 1.3 | N/A | N/A | -18.8% |
| Total | 54.1 | 36.0 | 66.4 | 97.2 | 21.6% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Australia in 2022:
- Japan (105.0 kg)
- Germany (89.0 kg)
- United States (87.0 kg)
- United Kingdom (83.0 kg)
- Sweden (42.0 kg)
- China (42.0 kg)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Australia
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Australia surged to 1.5 tons, increasing by 1,434% compared with the year before. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds surged to $33K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 28.8 | 0% |
| New Zealand | 8.5 | 4.9 | 5.2 | 4.5 | -19.1% |
| United States | N/A | 12.7 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 8.5 | 17.8 | 5.2 | 33.3 | 57.6% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Australia in 2022:
- United Kingdom (1400.0 kg)
- New Zealand (73.0 kg)
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