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

Contents:

  1. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia (FOB) - 2022
  2. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia (CIF) - 2022
  3. Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia
  4. Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia

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

In 2022, the average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $7,200 per ton, growing by 2.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 60%. As a result, the export price attained the peak level of $9,230 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,233 per ton), while the average price for exports to Israel totaled $5,099 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-0.9%).

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

The average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $22,942 per ton in 2022, waning by -46% against the previous year. In general, the import price, however, showed a resilient increase. Over the period under review, average import prices hit record highs at $42,474 per ton in 2021, and then dropped dramatically 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 Israel ($28,976 per ton), while the price for the UK amounted to $9,055 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-3.7%).

Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia

In 2022, shipments abroad of nickel; oxide sinters and other intermediate products of nickel metallurgies was finally on the rise to reach 101 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep downturn.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $727K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

Export of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom831326251719-4.7%
Israel75.914059.77.9-53.0%
OthersN/AN/AN/AN/A0%
Total907466311727-7.1%

Top Export Markets for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Serbia in 2022:

  1. United Kingdom (99.4 tons)
  2. Israel (1.6 tons)

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

In 2022, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies into Serbia skyrocketed to 2 tons, jumping by 1,616% against the year before. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $46K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Serbia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
IsraelN/A40.20%
United Kingdom3.15.577.4%
Others1.8N/A0%
Total4.945.7832.7%

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

  1. Israel (1388.0 kg)
  2. United Kingdom (603.0 kg)

Source: IndexBox Market Intelligence Platform

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