Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey - 2024
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey (CIF) - 2024
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey (CIF) - 2024
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $27,962 per ton in December 2023, falling by -7.5% against the previous month. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in September 2023 when the average import price increased by 148% month-to-month. The import price peaked at $111K per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From January 2023 to December 2023, the rate of growth in terms of prices for India amounted to -1.0% per month.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $105,000 per ton, approximately equating the previous year. In general, the export price enjoyed a strong increase. The growth pace was the most rapid in 2019 an increase of 1,041% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +5.7% per year.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey
In 2022, overseas purchases of nickel; bars, rods and profiles, not alloyeds decreased by -11.5% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 499%.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $593K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 529% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 44.1 | 325 | 398 | 563 | 133.7% |
| Others | 12.6 | 31.6 | 18.3 | 30.1 | 33.7% |
| Total | 56.7 | 357 | 416 | 593 | 118.7% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Turkey in 2022:
- India (15.0 tons)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey
In 2022, after two years of decline, there was decline in overseas shipments of nickel; bars, rods and profiles, not alloyeds, when their volume decreased by 0% to 3 kg. Overall, exports faced a sharp decrease. The smallest decline of 99.9% was in 2020.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds stood at $315 in 2022. Over the period under review, exports faced a dramatic curtailment. The smallest decline of 99.9% was in 2020.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| Iran | 32.2 | N/A | N/A | N/A | 0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 32.6 | N/A | N/A | 0.3 | -79.0% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Turkey in 2022:
- Germany (3.0 kg)
435
This report provides an in-depth analysis of the market for nickel and nickel alloy bar in Turkey.
641
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
1592
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
1710
In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
923
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
656
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...
