Chlorides; of Nickel Price in the Czech Republic - 2023

Chlorides; of Nickel Price in the Czech Republic (CIF) - 2022

The average chlorides; of nickel import price stood at $7,358 per ton in 2022, growing by 37% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of nickel import price increased by +56.7% against 2018 indices. As a result, import price attained 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 France ($24,932 per ton), while the price for Poland ($5,311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Nickel Price in the Czech Republic (FOB) - 2022

In 2022, the average chlorides; of nickel export price amounted to $14,296 per ton, shrinking by -22.2% against the previous year. In general, the export price, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 103%. The export price peaked at $18,385 per ton in 2021, and then dropped sharply in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($16,039 per ton), while the average price for exports to Serbia amounted to $12,553 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+208.8%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorides; of Nickel Imports in the Czech Republic

In 2022, supplies from abroad of chlorides; of nickels decreased by -34% to 62 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 119 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, chlorides; of nickel imports contracted to $457K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of $522K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Chlorides; of Nickel in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	289	362	366	362	7.8%
Italy	N/A	136	85.7	75.2	-25.6%
Poland	40.6	18.1	38.5	16.9	-25.3%
Spain	51.3	N/A	N/A	N/A	0%
Others	8.4	6.8	15.6	2.7	-31.5%
Total	390	522	506	457	5.4%

Top Suppliers of Chlorides; of Nickel to the Czech Republic in 2022:

Germany (49.8 tons)
Italy (9.0 tons)
Poland (3.2 tons)

Chlorides; of Nickel Exports in the Czech Republic

In 2022, shipments abroad of chlorides; of nickels increased by 472% to 223 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a significant decline.

In value terms, chlorides; of nickel exports soared to $3.2K in 2022. Over the period under review, exports, however, faced a dramatic slump.