Price for Nickel; Unwrought, Not Alloyed in Serbia - 2024
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Serbia (CIF) - 2024
- Price for Nickel; Unwrought, Not Alloyed in Serbia (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Serbia
- Exports of Nickel; Unwrought, Not Alloyed in Serbia
Price for Nickel; Unwrought, Not Alloyed in Serbia (CIF) - 2024
In April 2024, the average nickel; unwrought, not alloyed import price amounted to $17,810 per ton, approximately reflecting the previous month. In general, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 23% against the previous month. Over the period under review, average import prices hit record highs at $23,310 per ton in May 2023; however, from June 2023 to April 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In April 2024, the highest price was recorded for prices from Russia ($19,308 per ton) and Norway ($17,962 per ton), while the price for Australia ($16,016 per ton) and France ($16,247 per ton) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Switzerland (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Unwrought, Not Alloyed in Serbia (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $21,875 per ton in 2022, waning by -19.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 51%. As a result, the export price reached the peak level of $27,266 per ton, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($25,104 per ton), while the average price for exports to the Netherlands ($15,811 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 North Macedonia (+6.7%).
Imports of Nickel; Unwrought, Not Alloyed in Serbia
In 2022, purchases abroad of nickel; unwrought, not alloyeds was finally on the rise to reach 606 tons after two years of decline. Overall, imports, however, continue to indicate a abrupt decrease.
In value terms, nickel; unwrought, not alloyed imports skyrocketed to $16M in 2022. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Nickel; Unwrought, Not Alloyed in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | N/A | N/A | 1.3 | 9.7 | 646.2% |
France | N/A | N/A | N/A | 3.1 | 0% |
Russia | 6.6 | 1.6 | 0.2 | 1.3 | -41.8% |
Australia | 0.4 | 0.6 | 0.7 | 0.6 | 14.5% |
Slovenia | 2.7 | 0.6 | 0.3 | 0.5 | -43.0% |
Germany | 3.2 | 4.1 | N/A | N/A | 28.1% |
Others | 0.3 | 0.2 | 0.1 | 0.5 | 18.6% |
Total | 13.2 | 7.1 | 2.7 | 15.7 | 6.0% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Serbia in 2022:
- Norway (363.4 tons)
- France (104.6 tons)
- Russia (49.9 tons)
- Australia (37.2 tons)
- Slovenia (28.4 tons)
- Germany (0.8 tons)
Exports of Nickel; Unwrought, Not Alloyed in Serbia
In 2022, nickel; unwrought, not alloyed exports from Serbia soared to 1.8 tons, picking up by 236% on 2021 figures. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,707%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, nickel; unwrought, not alloyed exports soared to $40K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,627% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Nickel; Unwrought, Not Alloyed in Serbia (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Croatia | N/A | N/A | 25.1 | 0% |
Netherlands | N/A | N/A | 9.8 | 0% |
Bosnia and Herzegovina | N/A | N/A | 4.9 | 0% |
North Macedonia | 0.5 | 14.8 | N/A | 2860.0% |
Others | N/A | N/A | N/A | 0% |
Total | 0.5 | 14.8 | 39.8 | 792.2% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Serbia in 2022:
- Croatia (1000.0 kg)
- Netherlands (619.0 kg)
- Bosnia and Herzegovina (200.0 kg)
This report provides an in-depth analysis of the nickel market in Serbia.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Serbia.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%