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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $31,651 per ton in 2022, picking up by 28% against the previous year. Overall, the import price, however, showed a noticeable contraction. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs at $48,654 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($76,344 per ton), while the price for France ($26,259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $122,414 per ton, picking up by 3,421% against the previous year. Over the period under review, the export price posted a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($230,904 per ton), while the average price for exports to Switzerland ($71,784 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+14.9%).

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

In 2022, overseas purchases of nickel; bars, rods and profiles, not alloyeds decreased by -83.5% to 2.3 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds declined remarkably to $74K in 2022. Overall, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 6.4%. As a result, imports reached the peak of $922K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France79310712343.0-62.2%
Italy6.9N/A0.814.026.6%
Sweden2.7N/A9.19.753.2%
FinlandN/AN/AN/A3.60%
NetherlandsN/A801187N/A-76.7%
Others63.914.531.73.9-60.6%
Total86792235174.2-55.9%

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

  1. France (1639.0 kg)
  2. Italy (361.0 kg)
  3. Sweden (163.0 kg)
  4. Finland (125.0 kg)

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

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Spain soared to 413 kg, increasing by 137% against the previous year. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,444%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds soared to $51K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A28.90%
Portugal0.45.4N/A19.0262.2%
SwitzerlandN/AN/AN/A2.70%
South KoreaN/AN/A0.6N/A0%
Others0.2N/AN/AN/A0%
Total0.65.40.650.6338.5%

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

  1. Portugal (251.0 kg)
  2. Israel (125.0 kg)
  3. Switzerland (37.0 kg)

Source: IndexBox Market Intelligence Platform

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