Price for Nickel; Plates, Sheets, Strip and Foil in Ireland - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Ireland (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Ireland (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Ireland
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Ireland

Price for Nickel; Plates, Sheets, Strip and Foil in Ireland (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $51,793 per ton in 2022, surging by 52% against the previous year. Overall, the import price enjoyed moderate growth. The growth pace was the most rapid in 2019 an increase of 63% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 ($79,319 per ton), while the price for Germany ($27,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+64.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Ireland (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $16,037 per ton in 2022, with a decrease of -10.6% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 195%. Over the period under review, the average export prices hit record highs at $115,845 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($44,908 per ton), while the average price for exports to the UK ($15,425 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 India (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Plates, Sheets, Strip and Foil in Ireland

In 2022, imports of nickel; plates, sheets, strip and foils into Ireland soared to 93 tons, growing by 20% on the previous year. Over the period under review, imports, however, saw a abrupt shrinkage.

In value terms, imports of nickel; plates, sheets, strip and foils surged to $4.8M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1234305002,47830.2%
Germany49563762397225.2%
United Kingdom1,7182,091926795-22.7%
Japan8.6N/A127290223.1%
AustriaN/A204343172-8.2%
Others15156.2141135-3.7%
Total3,4943,4182,6614,84111.5%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Ireland in 2022:

  1. Germany (35.7 tons)
  2. United States (31.2 tons)
  3. United Kingdom (13.2 tons)
  4. Austria (5.9 tons)
  5. Japan (5.0 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Ireland

For the fourth consecutive year, Ireland recorded growth in overseas shipments of nickel; plates, sheets, strip and foils, which increased by 237% to 58 tons in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 734% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of nickel; plates, sheets, strip and foils soared to $934K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 301% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A23.2300891519.7%
Others43.354.09.942.6-0.5%
Total43.377.3310934178.4%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Ireland in 2022:

  1. United Kingdom (57.8 tons)

Source: IndexBox Market Intelligence Platform

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