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

Contents:

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

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

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $29,898 per ton, surging by 52% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 118% against the previous year. As a result, import price reached the peak level of $83,985 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($69,053 per ton), while the price for Belgium ($11,837 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; bars, rods, profiles and wires stood at $41,338 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, the export price posted a tangible expansion. The pace of growth appeared the most rapid in 2013 an increase of 38% 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($139,591 per ton), while the average price for exports to the Czech Republic ($10,949 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 Poland (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 141 tons of nickel; bars, rods, profiles and wires were imported into Slovakia; with a decrease of -11.6% compared with 2021. Over the period under review, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5%. As a result, imports reached the peak of 159 tons, and then contracted in the following year.

In value terms, imports of nickel; bars, rods, profiles and wires surged to $4.2M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods, Profiles and Wire in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,0281,9771,6472,05626.0%
Germany5287079121,26033.6%
United Kingdom615293151513-5.9%
Czech Republic50.331.841.913940.3%
France3.6134326110212.6%
Belgium41.318.549.453.69.1%
United States18616.82.62.6-75.9%
Others84113.411.475.5-55.2%
Total3,2933,1913,1404,2098.5%

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

  1. Austria (64.3 tons)
  2. Germany (35.3 tons)
  3. United Kingdom (24.6 tons)
  4. France (6.3 tons)
  5. Belgium (4.5 tons)
  6. Czech Republic (2.9 tons)

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

After three years of growth, overseas shipments of nickel; bars, rods, profiles and wires decreased by -27.3% to 5.5 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 192%.

In value terms, exports of nickel; bars, rods, profiles and wires dropped slightly to $229K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 238%.

Export of Nickel; Bars, Rods, Profiles and Wire in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1120%
Germany25.345.786.559.933.3%
PolandN/A3.058.141.3271.0%
Switzerland1.5N/A11.97.268.7%
Czech RepublicN/A0.3N/A5.6332.0%
FranceN/AN/A9.80.9-90.8%
BelgiumN/A38.572.3N/A87.8%
Others0.33.90.91.571.0%
Total27.191.3239229103.7%

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

  1. United States (2950.0 kg)
  2. Germany (1597.0 kg)
  3. Czech Republic (509.0 kg)
  4. Poland (296.0 kg)
  5. Switzerland (124.0 kg)
  6. France (38.0 kg)

Source: IndexBox Market Intelligence Platform

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