Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland - 2023

Contents:

1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland (CIF) - 2023
2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland (FOB) - 2022
3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland
4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland (CIF) - 2023

In October 2023, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $63,683 per ton, growing by 24% against the previous month. Overall, import price indicated a pronounced expansion from October 2022 to October 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for nickel; plates, sheets, strip and foil, of nickel alloyses increased by +27.0% against August 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 43% against the previous month. Over the period under review, average import prices hit record highs at $65,242 per ton in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($64,139 per ton), while the price for China stood at $35,882 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $40,676 per ton in 2022, rising by 21% against the previous year. In general, the export price recorded a buoyant increase. The growth pace was the most rapid in 2013 an increase of 99%. Over the period under review, the average export prices attained the maximum at $54,312 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($121,667 per ton), while the average price for exports to the United States ($14,660 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 Norway (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland

In 2022, supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses was finally on the rise to reach 268 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt curtailment.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $11M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (111.7 tons)
2. United States (66.7 tons)
3. Sweden (17.3 tons)
4. Austria (16.8 tons)
5. Czech Republic (16.0 tons)
6. France (13.3 tons)
7. Netherlands (8.2 tons)
8. Japan (7.6 tons)
9. Italy (5.0 tons)
10. Denmark (2.3 tons)
11. United Kingdom (1.4 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Poland

Exports of nickel; plates, sheets, strip and foil, of nickel alloyses from Poland dropped modestly to 36 tons in 2022, shrinking by -2.8% against the year before. Over the period under review, exports, however, recorded a tangible increase. The pace of growth was the most pronounced in 2021 when exports increased by 115% against the previous year. As a result, the exports reached the peak of 37 tons, and then dropped modestly in the following year.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $1.5M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. United States (11.8 tons)
2. Kazakhstan (5.4 tons)
3. Russia (5.1 tons)
4. Germany (3.9 tons)
5. Romania (3.4 tons)
6. Austria (2.4 tons)
7. United Kingdom (0.8 tons)
8. Switzerland (0.7 tons)
9. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform