Price for Nickel; Bars, Rods, Profiles and Wire in Bulgaria - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Bulgaria (CIF) - 2023
- Price for Nickel; Bars, Rods, Profiles and Wire in Bulgaria (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Bulgaria
- Exports of Nickel; Bars, Rods, Profiles and Wire in Bulgaria
Price for Nickel; Bars, Rods, Profiles and Wire in Bulgaria (CIF) - 2023
The average import price for nickel; bars, rods, profiles and wires stood at $45,337 per ton in August 2023, reducing by -37.9% against the previous month. In general, the import price, however, posted prominent growth. The pace of growth appeared the most rapid in January 2023 an increase of 134% month-to-month. Over the period under review, average import prices reached the maximum at $72,962 per ton in July 2023, and then declined dramatically in the following month.
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 ($96,475 per ton), while the price for China totaled $43,633 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Bulgaria (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $58,078 per ton, picking up by 6.6% against the previous year. Overall, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 54%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($67,592 per ton), while the average price for exports to Germany ($42,341 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 Moldova (+359.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods, Profiles and Wire in Bulgaria
In 2022, the amount of nickel; bars, rods, profiles and wires imported into Bulgaria soared to 41 tons, jumping by 153% compared with the previous year. Over the period under review, imports saw a significant increase. 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, profiles and wires skyrocketed to $1.6M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 75.0 | 82.0 | 243 | 852 | 124.8% |
| Italy | 7.3 | 109 | 121 | 183 | 192.7% |
| Sweden | N/A | 142 | 137 | 170 | 9.4% |
| Austria | 106 | 135 | 103 | 119 | 3.9% |
| Netherlands | N/A | 19.8 | 34.2 | 75.7 | 95.5% |
| Switzerland | 8.4 | 77.2 | 14.6 | 11.2 | 10.1% |
| United Kingdom | 90.5 | 65.5 | 27.8 | 5.4 | -60.9% |
| Turkey | 15.6 | 6.2 | 1.6 | 1.4 | -55.2% |
| Others | 44.3 | 53.4 | 102 | 155 | 51.8% |
| Total | 347 | 691 | 784 | 1,573 | 65.5% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Bulgaria in 2022:
- Germany (28.6 tons)
- Italy (4.6 tons)
- Sweden (3.8 tons)
- Netherlands (1.5 tons)
- Austria (0.2 tons)
- Switzerland (0.2 tons)
- United Kingdom (0.1 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Bulgaria
In 2022, approx. 3.1 tons of nickel; bars, rods, profiles and wires were exported from Bulgaria; growing by 185% compared with the previous year. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 6,312% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires surged to $180K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 6,900% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Nickel; Bars, Rods, Profiles and Wire in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 115 | 0% |
| Georgia | 11.7 | 0.8 | 21.7 | 53.4 | 65.9% |
| Germany | N/A | N/A | N/A | 11.7 | 0% |
| Austria | N/A | N/A | 31.6 | 0.8 | -97.5% |
| Others | N/A | N/A | 6.1 | N/A | 0% |
| Total | 11.7 | 0.8 | 59.4 | 180 | 148.7% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Bulgaria in 2022:
- China (1695.0 kg)
- Georgia (1112.0 kg)
- Germany (276.0 kg)
- Austria (24.0 kg)
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