Price for Nickel; Wire, Not Alloyed in Romania - 2023

Contents:

  1. Price for Nickel; Wire, Not Alloyed in Romania (CIF) - 2022
  2. Price for Nickel; Wire, Not Alloyed in Romania (FOB) - 2022
  3. Imports of Nickel; Wire, Not Alloyed in Romania
  4. Exports of Nickel; Wire, Not Alloyed in Romania

Price for Nickel; Wire, Not Alloyed in Romania (CIF) - 2022

In 2022, the average nickel; wire, not alloyed import price amounted to $32,853 per ton, remaining constant against the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,033%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Germany ($95,171 per ton), while the price for Italy ($21,108 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Wire, Not Alloyed in Romania (FOB) - 2022

The average nickel; wire, not alloyed export price stood at $25,288 per ton in 2022, picking up by 8.1% against the previous year. Overall, the export price recorded significant growth. The growth pace was the most rapid in 2013 an increase of 1,266%. As a result, the export price reached the peak level of $28,000 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($30,455 per ton), while the average price for exports to Italy ($25,050 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 Mexico (+4.8%).

Imports of Nickel; Wire, Not Alloyed in Romania

After two years of decline, overseas purchases of nickel; wire, not alloyeds increased by 72% to 7.3 tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; wire, not alloyed imports skyrocketed to $241K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Wire, Not Alloyed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France30.263.177.916676.5%
Italy28.723.118.661.528.9%
Germany7.848.739.28.73.7%
Poland59.80.1N/AN/A-99.8%
Czech Republic6.613.40.4N/A-75.4%
Others1.52.12.55.150.4%
Total13515013924121.3%

Top Suppliers of Nickel; Wire, Not Alloyed to Romania in 2022:

  1. Czech Republic (undefined tons)
  2. France (4.2 tons)
  3. Italy (2.9 tons)
  4. Germany (0.1 tons)

Exports of Nickel; Wire, Not Alloyed in Romania

In 2022, exports of nickel; wire, not alloyeds from Romania soared to 1.5 tons, picking up by 66% compared with 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.4% 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 +74.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel; wire, not alloyed exports surged to $37K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Wire, Not Alloyed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.520.819.333.331.9%
RussiaN/AN/AN/A2.60%
Mexico2.13.61.41.3-14.8%
Others0.5N/A0.20.2-26.3%
Total17.224.420.937.429.6%

Top Export Markets for Nickel; Wire, Not Alloyed from Romania in 2022:

  1. Italy (1328.0 kg)
  2. Russia (100.0 kg)
  3. Mexico (43.0 kg)

Source: IndexBox Market Intelligence Platform

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