Chlorides; of Nickel Price in Hungary - 2023

Contents:

  1. Chlorides; of Nickel Price in Hungary (CIF) - 2022
  2. Chlorides; of Nickel Imports in Hungary

Chlorides; of Nickel Price in Hungary (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $9,365 per ton, surging by 29% against the previous year. Over the period under review, the import price posted a pronounced expansion. The pace of growth was the most pronounced in 2018 an increase of 65% against the previous year. Over the period under review, average import prices reached the peak figure at $10,600 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($9,583 per ton) and Germany ($9,454 per ton), while the price for Poland ($7,587 per ton) and Slovakia ($7,905 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Nickel Imports in Hungary

For the fourth year in a row, Hungary recorded growth in purchases abroad of chlorides; of nickels, which increased by 54% to 4.6 tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of nickel imports surged to $43K in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Nickel in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.612.721.235.537.7%
Poland1.81.5N/A4.838.7%
Austria0.9N/AN/A0.8-3.9%
Slovakia3.31.1N/A0.2-60.7%
Others1.00.30.31.39.1%
Total20.615.521.642.627.4%

Top Suppliers of Chlorides; of Nickel to Hungary in 2022:

  1. Germany (3760.0 kg)
  2. Poland (629.0 kg)
  3. Austria (86.0 kg)
  4. Slovakia (26.0 kg)

Source: IndexBox Market Intelligence Platform

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