Price for Nickel; Unwrought, Not Alloyed in Slovenia - 2024
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Slovenia (CIF) - 2024
- Price for Nickel; Unwrought, Not Alloyed in Slovenia (FOB) - 2024
- Imports of Nickel; Unwrought, Not Alloyed in Slovenia
- Exports of Nickel; Unwrought, Not Alloyed in Slovenia
Price for Nickel; Unwrought, Not Alloyed in Slovenia (CIF) - 2024
The average nickel; unwrought, not alloyed import price stood at $19,498 per ton in April 2024, which is down by -3% against the previous month. Overall, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 36% month-to-month. As a result, import price reached the peak level of $30,690 per ton. From October 2023 to April 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From April 2023 to April 2024, the rate of growth in terms of prices for Austria amounted to +0.1% per month.
Price for Nickel; Unwrought, Not Alloyed in Slovenia (FOB) - 2024
In April 2024, the average nickel; unwrought, not alloyed export price amounted to $16,995 per ton, falling by -4.3% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 100% against the previous month. As a result, the export price reached the peak level of $34,362 per ton. From October 2023 to April 2024, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Serbia.
From April 2023 to April 2024, the rate of growth in terms of prices for Serbia amounted to +0.0% per month.
Imports of Nickel; Unwrought, Not Alloyed in Slovenia
In 2022, imports of nickel; unwrought, not alloyeds into Slovenia contracted notably to 3K tons, waning by -21.6% on the previous year's figure. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 4.4%.
In value terms, nickel; unwrought, not alloyed imports stood at $76M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Nickel; Unwrought, Not Alloyed in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.4 | 9.1 | 6.8 | 20.5 | 271.4% |
| Austria | 2.1 | 5.7 | 22.6 | 15.0 | 92.6% |
| Canada | 30.9 | 12.0 | 12.0 | 13.7 | -23.7% |
| Belgium | N/A | 5.9 | 18.7 | 11.0 | 36.5% |
| Australia | 6.2 | N/A | N/A | 3.7 | -15.8% |
| Italy | 3.2 | 9.7 | 1.6 | 3.5 | 3.0% |
| Germany | 2.3 | 1.8 | 3.2 | 3.1 | 10.5% |
| China | 1.5 | 2.4 | N/A | 1.4 | -2.3% |
| South Africa | 5.1 | N/A | N/A | 1.3 | -36.6% |
| Russia | 7.0 | N/A | N/A | N/A | 0% |
| Hungary | 2.8 | 1.2 | N/A | N/A | -57.1% |
| Finland | 4.2 | 1.2 | N/A | N/A | -71.4% |
| Others | 1.8 | 2.1 | 2.2 | 3.1 | 19.9% |
| Total | 67.4 | 51.1 | 67.1 | 76.3 | 4.2% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Slovenia in 2022:
- Austria (791.0 tons)
- Netherlands (678.5 tons)
- Canada (580.0 tons)
- Belgium (312.5 tons)
- Australia (143.3 tons)
- Italy (135.8 tons)
- Germany (118.0 tons)
- China (60.0 tons)
- South Africa (44.0 tons)
Exports of Nickel; Unwrought, Not Alloyed in Slovenia
After three years of growth, shipments abroad of nickel; unwrought, not alloyeds decreased by -37.3% to 910 tons in 2022. Overall, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of 1.5K tons, and then declined significantly in the following year.
In value terms, nickel; unwrought, not alloyed exports declined markedly to $19M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $24M, and then declined significantly in the following year.
| Export of Nickel; Unwrought, Not Alloyed in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.6 | 11.2 | 22.2 | 16.8 | 54.0% |
| Serbia | 7.7 | 2.6 | 1.2 | 1.7 | -39.6% |
| Austria | N/A | 1.9 | 0.3 | N/A | -84.2% |
| Others | 0.8 | 0.2 | 0.2 | 0.5 | -14.5% |
| Total | 13.0 | 15.8 | 23.9 | 19.0 | 13.5% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Slovenia in 2022:
- Italy (791.5 tons)
- Serbia (99.8 tons)
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This report provides an in-depth analysis of the global nickel market.
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