Nickel; Unwrought, Alloys Price in Bulgaria - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Bulgaria (CIF) - 2022
- Nickel; Unwrought, Alloys Imports in Bulgaria
Nickel; Unwrought, Alloys Price in Bulgaria (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $1,598 per ton, waning by -19.7% against the previous year. In general, the import price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 84% against the previous year. Over the period under review, average import prices attained the maximum at $29,156 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Turkey ($24,053 per ton), while the price for Spain stood at $918 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.9%), while the prices for the other major suppliers experienced a decline.
Nickel; Unwrought, Alloys Imports in Bulgaria
Nickel; unwrought, alloys imports into Bulgaria soared to 7 tons in 2022, picking up by 310% against 2021. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 2,556%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, nickel; unwrought, alloys imports soared to $11K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 1.6 | 6.3 | 293.7% |
| Turkey | 4.8 | 0.7 | 1.8 | 3.2 | -12.6% |
| Others | 0.6 | 1.2 | N/A | 1.7 | 41.5% |
| Total | 5.5 | 1.9 | 3.4 | 11.1 | 26.4% |
Top Suppliers of Nickel; Unwrought, Alloys to Bulgaria in 2022:
- Spain (6.8 tons)
- Turkey (0.1 tons)
554
This report provides an in-depth analysis of the nickel market in Bulgaria.
1161
This report provides an in-depth analysis of the global nickel market.
292
This report provides an in-depth analysis of the nickel market in Bulgaria.
554
This report provides an in-depth analysis of the nickel market in Bulgaria.
1019
This report provides an in-depth analysis of the global nickel market.
1161
This report provides an in-depth analysis of the global nickel market.
93
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1192
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
820
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1813
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
892
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
93
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1192
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
820
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
