Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $54,235 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 452% against the previous year. As a result, import price attained the peak level of $55,728 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($74,208 per ton), while the price for Germany stood at $52,235 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+814.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $831 per ton, approximately mirroring the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary
In 2022, imports of nickel; bars, rods and profiles, not alloyeds into Hungary soared to 1.4 tons, picking up by 565% on 2021 figures. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $75K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 6.7 | 9.1 | 65.9 | 220.6% |
| Japan | N/A | 11.2 | N/A | 8.9 | -10.9% |
| Others | 0.5 | 0.2 | N/A | 0.2 | -26.3% |
| Total | 2.5 | 18.0 | 9.1 | 75.0 | 210.7% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Hungary in 2022:
- Germany (1262.0 kg)
- Japan (120.0 kg)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Hungary stood at 1.5 tons, approximately mirroring the previous year. In general, exports faced a sharp slump. The smallest decline of 99.9% was in 2021.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds totaled $1.2K in 2022. Over the period under review, exports faced a sharp decline. The smallest decline of 99.9% was in 2021.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 1.2 | 0% | |
| Italy | 2.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.5 | N/A | 1.2 | -30.7% | |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Hungary in 2022:
- Netherlands (1.5 tons)
1582
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