Sulphates; of Nickel Price in Slovakia - 2023

Sulphates; of Nickel Price in Slovakia (CIF) - 2022

The average sulphates; of nickel import price stood at $4,896 per ton in 2022, surging by 27% against the previous year. In general, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 46%. The import price peaked at $7,767 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($41,995 per ton), while the price for Germany ($4,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Nickel Price in Slovakia (FOB) - 2022

The average sulphates; of nickel export price stood at $3,833 per ton in 2022, surging by 13% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 31%. The export price peaked at $8,594 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to -4.1% per year.

Sulphates; of Nickel Imports in Slovakia

For the fourth year in a row, Slovakia recorded growth in purchases abroad of sulphates; of nickels, which increased by 27% to 127 tons in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 37%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphates; of nickel imports skyrocketed to $621K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphates; of Nickel in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.3	159	177	391	391.2%
Italy	0.1	117	192	194	1147.2%
Poland	166	N/A	0.2	35.9	-40.0%
Belgium	43.7	N/A	14.6	N/A	-42.2%
Others	1.0	N/A	N/A	0.1	-53.6%
Total	214	276	384	621	42.6%

Top Suppliers of Sulphates; of Nickel to Slovakia in 2022:

Germany (92.4 tons)
Italy (29.5 tons)
Poland (4.9 tons)

Sulphates; of Nickel Exports in Slovakia

In 2022, shipments abroad of sulphates; of nickels decreased by -2.2% to 47 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 80% against the previous year. As a result, the exports attained the peak of 48 tons, and then fell modestly in the following year.

In value terms, sulphates; of nickel exports reached $181K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 83%. The exports peaked in 2022 and are likely to continue growth in the near future.