Nickel; Unwrought, Alloys Price in Hungary - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Hungary (CIF) - 2022
- Nickel; Unwrought, Alloys Price in Hungary (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Hungary
- Nickel; Unwrought, Alloys Exports in Hungary
Nickel; Unwrought, Alloys Price in Hungary (CIF) - 2022
The average nickel; unwrought, alloys import price stood at $20,912 per ton in 2022, growing by 3.5% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 80%. The import price peaked at $125,526 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($24,035 per ton), while the price for Spain amounted to $13,766 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), while the prices for the other major suppliers experienced a decline.
Nickel; Unwrought, Alloys Price in Hungary (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $179 per ton, declining by -99.8% against the previous year. In general, the export price showed a sharp contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 289%. Over the period under review, the average export prices reached the peak figure at $138,950 per ton in 2018; however, from 2019 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 Italy.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +1.3% per year.
Nickel; Unwrought, Alloys Imports in Hungary
In 2022, the amount of nickel; unwrought, alloyses imported into Hungary soared to 6.5 tons, increasing by 37% compared with 2021. Overall, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 62%.
In value terms, nickel; unwrought, alloys imports skyrocketed to $137K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 77.9 | 43.7 | 61.0 | 105 | 10.5% |
| Spain | 37.9 | N/A | 31.4 | 29.9 | -7.6% |
| Serbia | N/A | 46.7 | N/A | N/A | 0% |
| Others | 1.8 | 1.7 | 4.0 | 2.3 | 8.5% |
| Total | 118 | 92.1 | 96.4 | 137 | 5.1% |
Top Suppliers of Nickel; Unwrought, Alloys to Hungary in 2022:
- Germany (4.4 tons)
- Spain (2.2 tons)
Nickel; Unwrought, Alloys Exports in Hungary
In 2022, nickel; unwrought, alloys exports from Hungary surged to 525 kg, growing by 52,400% on the previous year. Over the period under review, exports, however, saw a precipitous curtailment.
In value terms, nickel; unwrought, alloys exports rose significantly to $94 in 2022. In general, exports, however, faced a significant curtailment.
| Export of Nickel; Unwrought, Alloys in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Italy | N/A | 0.1 | 0.1 | 0.0% | |
| Turkey | 23.2 | N/A | N/A | 0% | |
| Others | 0.6 | N/A | N/A | 0% | |
| Total | 23.7 | 0.1 | 0.1 | -93.5% | |
Top Export Markets for Nickel; Unwrought, Alloys from Hungary in 2022:
- Italy (525.0 kg)
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This report provides an in-depth analysis of the nickel market in Hungary.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Hungary.
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This report provides an in-depth analysis of the nickel market in Hungary.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
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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...
999
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%
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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
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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.
84
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1187
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...
816
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...
999
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%
