Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania (CIF) - 2023
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania (FOB) - 2023
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania (CIF) - 2023
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $71,030 per ton in August 2023, increasing by 15% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 26% month-to-month. The import price peaked at $96,636 per ton in November 2022; however, from December 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($109K per ton), while the price for India ($24,906 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 France (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania (FOB) - 2023
In August 2023, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $123K per ton, declining by -16.2% against the previous month. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 1,340% month-to-month. The export price peaked at $417K per ton in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the United States ($538K per ton), while the average price for exports to Turkey ($55,145 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.6%), 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 Romania
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Romania dropped to 416 tons, waning by -4.6% against the previous year. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 34%. As a result, imports attained the peak of 436 tons, and then declined slightly in the following year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses soared to $28M in 2022. Overall, imports saw a pronounced contraction.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.0 | 10.1 | 10.7 | 15.7 | -12.0% |
| United Kingdom | 4.6 | 6.3 | 5.6 | 4.2 | -3.0% |
| France | 0.1 | 0.1 | 0.3 | 2.8 | 203.7% |
| Germany | 0.7 | 1.3 | 1.8 | 2.0 | 41.9% |
| China | 1.7 | 1.0 | 0.8 | 1.1 | -13.5% |
| Austria | 0.2 | 0.1 | 0.7 | 0.7 | 51.8% |
| India | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Others | 0.2 | 0.2 | 1.7 | 1.1 | 76.5% |
| Total | 30.3 | 19.0 | 21.7 | 28.0 | -2.6% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Romania in 2022:
- United States (124.6 tons)
- United Kingdom (93.3 tons)
- France (72.9 tons)
- Germany (52.8 tons)
- India (17.3 tons)
- Austria (17.1 tons)
- China (13.1 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Romania
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses exported from Romania skyrocketed to 87 tons, with an increase of 289% on the previous year's figure. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 349% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $4.3M in 2022. In general, exports showed buoyant 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, of Nickel Alloys in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,230 | 1,895 | 1,722 | 2,499 | -8.2% |
| United Kingdom | N/A | 3.8 | 243 | 1,155 | 1643.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 236 | 0% |
| China | 126 | 50.2 | 108 | 134 | 2.1% |
| Others | 70.0 | 76.2 | 153 | 285 | 59.7% |
| Total | 3,426 | 2,026 | 2,225 | 4,310 | 8.0% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Romania in 2022:
- United Kingdom (71.3 tons)
- United States (5.2 tons)
- China (1.7 tons)
- Taiwan (Chinese) (1.5 tons)
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