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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $20,803 per ton in 2022, rising by 2.3% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2013 an increase of 121%. The import price peaked at $155,707 per ton in 2014; however, from 2015 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 ($74,176 per ton), while the price for Belgium ($12,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $26,947 per ton in 2022, increasing by 36% against the previous year. In general, the export price saw a moderate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2018 to 2022, the rate of growth in terms of prices for Belgium amounted to +33.2% per year.

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

In 2022, imports of nickel; bars, rods and profiles, of nickel alloyses into Slovakia skyrocketed to 41 tons, growing by 30% on 2021 figures. Over the period under review, imports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. Over the period under review, imports of attained the peak figure in 2022 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 $849K in 2022. Overall, imports, however, recorded a perceptible slump.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom592254143472-7.3%
France3.6134326109211.7%
Austria4.245.656.877.7164.5%
Germany73.814.430.459.6-6.9%
Belgium41.318.549.453.69.1%
PolandN/AN/A0.644.27266.7%
Czech Republic16.622.521.731.924.3%
United States185N/AN/AN/A0%
Others12.81.610.3N/A-10.3%
Total929490637849-3.0%

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

  1. United Kingdom (23.6 tons)
  2. France (6.1 tons)
  3. Belgium (4.4 tons)
  4. Austria (2.4 tons)
  5. Poland (1.9 tons)
  6. Czech Republic (1.6 tons)
  7. Germany (0.8 tons)

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

In 2022, shipments abroad of nickel; bars, rods and profiles, of nickel alloyses decreased by -94.9% to 208 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 79%. As a result, the exports reached the peak of 4.1 tons, and then shrank markedly in the following year.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses declined sharply to $5.6K in 2022. Overall, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 111% against the previous year. As a result, the exports attained the peak of $81K, and then declined dramatically in the following year.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovakia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands1.85.75.676.4%
Belgium27.168.0N/A150.9%
Others9.67.5N/A-21.9%
Total38.581.25.6-61.9%

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

  1. Netherlands (205.0 kg)

Source: IndexBox Market Intelligence Platform

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