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

Contents:

1. Price for Nickel; Wire, of Nickel Alloys in Slovakia (CIF) - 2023
2. Price for Nickel; Wire, of Nickel Alloys in Slovakia (FOB) - 2022
3. Imports of Nickel; Wire, of Nickel Alloys in Slovakia
4. Exports of Nickel; Wire, of Nickel Alloys in Slovakia

Price for Nickel; Wire, of Nickel Alloys in Slovakia (CIF) - 2023

In June 2023, the average import price for nickel; wire, of nickel alloyses amounted to $49,506 per ton, with an increase of 11% against the previous month. Over the period under review, import price indicated noticeable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, nickel; wire, of nickel alloys import price decreased by -6.1% against April 2023 indices. The pace of growth was the most pronounced in November 2022 when the average import price increased by 93% against the previous month. The import price peaked at $52,697 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($95,624 per ton), while the price for Austria ($45,179 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; wire, of nickel alloyses stood at $40,265 per ton in 2022, which is down by -12.8% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices reached the maximum at $60,133 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($94,664 per ton), while the average price for exports to France ($7,566 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 Austria (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Wire, of Nickel Alloys in Slovakia

Nickel; wire, of nickel alloys imports into Slovakia surged to 98 tons in 2022, increasing by 16% against 2021 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 483%. As a result, imports reached the peak of 112 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; wire, of nickel alloys imports reached $2.6M in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 299%. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. Austria (59.2 tons)
2. Germany (34.6 tons)
3. Czech Republic (2.5 tons)

Exports of Nickel; Wire, of Nickel Alloys in Slovakia

In 2022, the amount of nickel; wire, of nickel alloyses exported from Slovakia shrank sharply to 2 tons, with a decrease of -19.5% against the year before. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 106%. As a result, the exports attained the peak of 2.5 tons, and then reduced dramatically in the following year.

In value terms, nickel; wire, of nickel alloys exports reduced markedly to $82K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 148%. As a result, the exports attained the peak of $117K, and then declined remarkably in the following year.

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

1. Austria (919.0 kg)
2. France (429.0 kg)
3. United States (281.0 kg)
4. Germany (202.0 kg)
5. Italy (134.0 kg)
6. Switzerland (49.0 kg)
7. Poland (6.0 kg)

Source: IndexBox Market Intelligence Platform