Price for Nickel; Wire, of Nickel Alloys in Croatia - 2023

Contents:

  1. Price for Nickel; Wire, of Nickel Alloys in Croatia (CIF) - 2022
  2. Price for Nickel; Wire, of Nickel Alloys in Croatia (FOB) - 2022
  3. Imports of Nickel; Wire, of Nickel Alloys in Croatia
  4. Exports of Nickel; Wire, of Nickel Alloys in Croatia

Price for Nickel; Wire, of Nickel Alloys in Croatia (CIF) - 2022

The average import price for nickel; wire, of nickel alloyses stood at $32,035 per ton in 2022, waning by -3.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15% against the previous year. The import price peaked at $40,318 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($77,318 per ton), while the price for Sweden ($27,159 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Wire, of Nickel Alloys in Croatia (FOB) - 2022

In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $42,493 per ton, reducing by -65.1% against the previous year. In general, the export price, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2021 an increase of 190% against the previous year. As a result, the export price attained the peak level of $121,674 per ton, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +4.0% per year.

Imports of Nickel; Wire, of Nickel Alloys in Croatia

In 2022, the amount of nickel; wire, of nickel alloyses imported into Croatia surged to 99 tons, with an increase of 28% compared with 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. As a result, imports reached the peak of 120 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nickel; wire, of nickel alloys imports soared to $3.2M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, imports reached the peak of $3.8M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Nickel; Wire, of Nickel Alloys in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria73.81,1581,3991,574177.3%
Switzerland7342,0799821,12315.2%
Sweden1810.1N/A2084.7%
United Kingdom46737.098.192.7-41.7%
Italy87926.21.129.7-67.7%
Others95.347178.513712.9%
Total2,4313,7712,5593,1659.2%

Top Suppliers of Nickel; Wire, of Nickel Alloys to Croatia in 2022:

  1. Austria (50.7 tons)
  2. Switzerland (36.1 tons)
  3. Sweden (7.7 tons)
  4. United Kingdom (1.4 tons)
  5. Italy (0.5 tons)

Exports of Nickel; Wire, of Nickel Alloys in Croatia

In 2022, approx. 986 kg of nickel; wire, of nickel alloyses were exported from Croatia; growing by 12,225% compared with the previous year's figure. Over the period under review, exports saw significant growth.

In value terms, nickel; wire, of nickel alloys exports surged to $42K in 2022. Overall, exports continue to indicate a significant increase.

Export of Nickel; Wire, of Nickel Alloys in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland10.182.0N/A40.859.3%
Czech Republic1.0N/AN/AN/A0%
Others1.00.81.01.13.2%
Total12.182.81.041.951.3%

Top Export Markets for Nickel; Wire, of Nickel Alloys from Croatia in 2022:

  1. Switzerland (971.0 kg)

Source: IndexBox Market Intelligence Platform

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