Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland (CIF) - 2023
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland
  4. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland (CIF) - 2023

In August 2023, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $52,920 per ton, shrinking by -7.1% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +4.0%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 39% month-to-month. The import price peaked at $62,844 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($72,065 per ton), while the price for the UK ($36,701 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland (FOB) - 2022

The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $41,248 per ton in 2022, with an increase of 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 35% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($64,413 per ton), while the average price for exports to Sweden ($27,462 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 China (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland

In 2022, imports of nickel; bars, rods and profiles, of nickel alloyses into Poland soared to 418 tons, jumping by 66% compared with 2021 figures. In general, imports showed a measured expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $17M in 2022. Over the period under review, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.22.42.54.1-7.6%
HungaryN/A0.90.42.979.5%
Germany1.61.82.32.820.5%
United Kingdom1.21.11.01.57.7%
DenmarkN/AN/A0.51.2140.0%
Taiwan (Chinese)N/AN/A0.60.60.0%
JapanN/AN/AN/A0.50%
Austria1.5N/AN/AN/A0%
Others0.81.21.23.157.1%
Total10.27.58.616.717.9%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Poland in 2022:

  1. United States (95.3 tons)
  2. Germany (91.6 tons)
  3. Hungary (49.5 tons)
  4. Denmark (47.0 tons)
  5. United Kingdom (44.0 tons)
  6. Taiwan (Chinese) (14.9 tons)
  7. Japan (8.5 tons)
  8. Austria (0.1 tons)

Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland

In 2022, exports of nickel; bars, rods and profiles, of nickel alloyses from Poland reduced remarkably to 15 tons, declining by -21.8% compared with the year before. Overall, exports saw a precipitous descent.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses contracted to $638K in 2022. In general, exports faced a precipitous descent.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States70.595.50.618036.7%
Germany0.8102189108413.0%
United Kingdom11.68.0N/A97.1103.0%
LithuaniaN/AN/AN/A54.10%
SwedenN/AN/AN/A51.80%
Russia75537.981.534.9-64.1%
TurkeyN/AN/AN/A31.30%
Croatia86.2219N/A0.2-86.8%
China907512377N/A-35.5%
IndiaN/A247N/AN/A0%
Others23728773.779.9-30.4%
Total2,0681,509721638-32.4%

Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Poland in 2022:

  1. United States (4.8 tons)
  2. Germany (2.8 tons)
  3. United Kingdom (2.5 tons)
  4. Sweden (1.9 tons)
  5. Lithuania (1.0 tons)
  6. Russia (0.9 tons)
  7. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform

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