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

Contents:

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

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

The average import price for nickel; wire, of nickel alloyses stood at $47,656 per ton in 2022, surging by 58% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, of nickel alloys import price increased by +72.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($60,605 per ton), while the price for Belgium ($3,866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; wire, of nickel alloyses stood at $93,589 per ton in 2022, jumping by 52% against the previous year. Overall, the export price, however, saw a deep reduction. The export price peaked at $298,400 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($96,271 per ton), while the average price for exports to Bulgaria totaled $18,620 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-13.8%).

Imports of Nickel; Wire, of Nickel Alloys in Greece

In 2022, approx. 4.1 tons of nickel; wire, of nickel alloyses were imported into Greece; shrinking by -45.8% on 2021 figures. Over the period under review, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year.

In value terms, nickel; wire, of nickel alloys imports dropped to $195K in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 40%.

Import of Nickel; Wire, of Nickel Alloys in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany76.169.143.872.9-1.4%
Italy13677.075.853.8-26.6%
Austria94.40.681.934.1-28.8%
France8.9N/A12.17.7-4.7%
Ireland7.4N/A5.06.4-4.7%
United Kingdom32.05.2N/A1.2-66.5%
BelgiumN/AN/AN/A0.30%
Others19.510.69.018.6-1.6%
Total374162228195-19.5%

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

  1. Italy (1529.0 kg)
  2. Germany (1203.0 kg)
  3. Austria (729.0 kg)
  4. Ireland (188.0 kg)
  5. France (142.0 kg)
  6. Belgium (66.0 kg)
  7. United Kingdom (46.0 kg)

Exports of Nickel; Wire, of Nickel Alloys in Greece

In 2022, after two years of decline, there was significant decline in overseas shipments of nickel; wire, of nickel alloyses, when their volume decreased by -67.4% to 44 kg. Overall, exports continue to indicate a sharp decrease.

In value terms, nickel; wire, of nickel alloys exports contracted sharply to $4.2K in 2022. In general, exports faced a dramatic setback.

Export of Nickel; Wire, of Nickel Alloys in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania34.8N/AN/A4.1-51.0%
Bulgaria0.2N/AN/AN/A0%
ItalyN/AN/A8.3N/A0%
Others0.3N/AN/AN/A0%
Total35.4N/A8.34.2-50.9%

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

  1. Romania (43.0 kg)
  2. Bulgaria (2.0 kg)

Source: IndexBox Market Intelligence Platform

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