Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia (FOB) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia (CIF) - 2022
  3. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia
  4. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia (FOB) - 2022

The average export price for nickel; bars, rods and profiles, not alloyeds stood at $39,766 per ton in 2022, which is down by -5.9% against the previous year. Overall, the export price, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 an increase of 85% against the previous year. As a result, the export price attained the peak level of $42,269 per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($50,985 per ton), while the average price for exports to the Netherlands stood at $3,504 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+614.0%).

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $97,833 per ton in 2022, picking up by 1,448% against the previous year. Overall, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +7.9% per year.

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia

In 2022, approx. 1.1 tons of nickel; bars, rods and profiles, not alloyeds were exported from Slovakia; growing by 7.6% against 2021 figures. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 296% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds totaled $42K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 633% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndonesiaN/A39.841.23.5%
NetherlandsN/A1.80.9-50.0%
Germany5.7N/AN/A0%
OthersN/AN/AN/A0%
Total5.741.542.1171.8%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Slovakia in 2022:

  1. Indonesia (808.0 kg)
  2. Netherlands (250.0 kg)

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia

Imports of nickel; bars, rods and profiles, not alloyeds into Slovakia fell notably to 6 kg in 2022, which is down by -99.4% compared with 2021 figures. In general, imports showed a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 12,450%.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds shrank sharply to $587 in 2022. Overall, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 3,916%.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A0.20.6200.0%
GermanyN/AN/A6.1N/A0%
Poland31.9N/AN/AN/A0%
Others0.40.2N/AN/A-50.0%
Total32.30.26.30.6-73.5%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Slovakia in 2022:

  1. Czech Republic (6.0 kg)

Source: IndexBox Market Intelligence Platform

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