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

Contents:

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

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

The average import price for nickel; wire, of nickel alloyses stood at $194,064 per ton in 2022, growing by 3.4% against the previous year. Overall, the import price posted a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 144%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +30.6% per year.

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

In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $303,669 per ton, increasing by 125% against the previous year. Overall, the export price recorded a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +19.6% per year.

Imports of Nickel; Wire, of Nickel Alloys in Ireland

In 2022, the amount of nickel; wire, of nickel alloyses imported into Ireland shrank modestly to 71 tons, which is down by -4.7% on the year before. Overall, imports continue to indicate a significant contraction.

In value terms, nickel; wire, of nickel alloys imports shrank to $14M in 2022. The total import value increased at an average annual rate of +8.9% 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 2020 when imports increased by 27%.

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

1. Turkey (70.9 tons)

Exports of Nickel; Wire, of Nickel Alloys in Ireland

Nickel; wire, of nickel alloys exports from Ireland dropped markedly to 14 tons in 2022, shrinking by -62.4% on the previous year. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, the exports reached the peak of 37 tons, and then declined rapidly in the following year.

In value terms, nickel; wire, of nickel alloys exports shrank markedly to $4.2M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports attained the peak of $5M, and then reduced notably in the following year.

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

1. Turkey (13.9 tons)

Source: IndexBox Market Intelligence Platform