Price for Nickel; Wire, Not Alloyed in Italy - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Italy (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in Italy (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in Italy
- Exports of Nickel; Wire, Not Alloyed in Italy
Price for Nickel; Wire, Not Alloyed in Italy (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $39,437 per ton in 2022, growing by 30% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; wire, not alloyed import price increased by +45.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($47,224 per ton), while the price for China ($30,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Italy (FOB) - 2022
In 2022, the average nickel; wire, not alloyed export price amounted to $10,347 per ton, waning by -55.7% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 68% against the previous year. The export price peaked at $27,814 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 China ($26,182 per ton), while the average price for exports to Romania ($8,007 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 India (-4.6%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, Not Alloyed in Italy
In 2022, purchases abroad of nickel; wire, not alloyeds decreased by -11.2% to 69 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 when imports increased by 77%. As a result, imports attained the peak of 131 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; wire, not alloyed imports soared to $2.7M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, imports reached the peak of $3.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nickel; Wire, Not Alloyed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 885 | 1,848 | 1,509 | 1,189 | 10.3% |
| France | 172 | 530 | 493 | 755 | 63.7% |
| India | N/A | N/A | 36.7 | 372 | 913.6% |
| Austria | 319 | 332 | 56.8 | 195 | -15.1% |
| China | 66.9 | 74.7 | 68.6 | 114 | 19.4% |
| Romania | 18.5 | 24.3 | 34.7 | 52.0 | 41.1% |
| Spain | 185 | 205 | N/A | N/A | 10.8% |
| Others | 370 | 546 | 147 | 26.3 | -58.6% |
| Total | 2,016 | 3,559 | 2,346 | 2,703 | 10.3% |
Top Suppliers of Nickel; Wire, Not Alloyed to Italy in 2022:
- Germany (30.1 tons)
- France (19.9 tons)
- India (9.0 tons)
- Austria (4.1 tons)
- China (3.7 tons)
- Romania (1.4 tons)
Exports of Nickel; Wire, Not Alloyed in Italy
In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; wire, not alloyeds, when their volume decreased by -87.5% to 4.7 tons. In general, exports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2020 when exports increased by 574%.
In value terms, nickel; wire, not alloyed exports declined remarkably to $49K in 2022. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 481% against the previous year.
| Export of Nickel; Wire, Not Alloyed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 34.3 | 29.6 | 24.0 | 32.2 | -2.1% |
| India | N/A | N/A | 176 | 13.3 | -92.4% |
| China | 6.4 | N/A | 3.3 | 2.9 | -23.2% |
| Switzerland | N/A | 46.1 | 113 | N/A | 145.1% |
| United Kingdom | 4.3 | N/A | 368 | N/A | 825.1% |
| Czech Republic | N/A | 34.6 | N/A | N/A | 0% |
| United States | 7.7 | 220 | N/A | N/A | 2757.1% |
| Others | 13.8 | 55.4 | 192 | 0.2 | -75.6% |
| Total | 66.5 | 386 | 876 | 48.6 | -9.9% |
Top Export Markets for Nickel; Wire, Not Alloyed from Italy in 2022:
- Romania (4.0 tons)
- India (0.6 tons)
- China (0.1 tons)
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