Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ireland - 2024

Contents:

1. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ireland (CIF) - 2022
2. Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ireland

Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ireland (CIF) - 2022

The average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $1,080,869 per ton in 2022, dropping by -12.5% against the previous year. In general, the import price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 949% against the previous year. As a result, import price reached the peak level of $1,234,916 per ton, and then declined in the following year.

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 ($4,460,810 per ton), while the price for China ($21,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+89.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Ireland

In 2022, supplies from abroad of nickel; oxide sinters and other intermediate products of nickel metallurgies decreased by -17.5% to 245 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 40%. As a result, imports reached the peak of 2.2 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies declined significantly to $265K in 2022. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +6.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $367K, and then plummeted in the following year.

Top Suppliers of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Ireland in 2022:

1. United Kingdom (174.0 kg)
2. United States (58.0 kg)
3. China (12.0 kg)

Source: IndexBox Market Intelligence Platform