Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia
  4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $28,104 per ton in 2022, growing by 1.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 36% against the previous year. The import price peaked at $28,427 per ton in 2012; however, from 2013 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 country with the highest price was Israel ($38,613 per ton), while the price for Austria ($26,687 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia (FOB) - 2022

The average export price for nickel; bars, rods and profiles, not alloyeds stood at $27,686 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of 14% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2018 to 2022, the rate of growth in terms of prices for Germany amounted to +6.0% per year.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia

In 2022, overseas purchases of nickel; bars, rods and profiles, not alloyeds increased by 39% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt curtailment.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $413K in 2022. In general, imports, however, saw a pronounced shrinkage.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany418296287263-14.3%
Austria33.4107N/A13960.9%
IsraelN/A4.85.111.152.1%
OthersN/A1.0N/AN/A0%
Total452409292413-3.0%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Croatia in 2022:

  1. Germany (9.2 tons)
  2. Austria (5.2 tons)
  3. Israel (0.3 tons)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia

In 2022, overseas shipments of nickel; bars, rods and profiles, not alloyeds decreased by 0% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,952%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds amounted to $31K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,746%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.6N/A31.4623.4%
ItalyN/A8.9N/AN/A0%
Others0.5N/AN/AN/A0%
Total0.59.5N/A31.4297.5%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Croatia in 2022:

  1. Germany (1134.0 kg)

Source: IndexBox Market Intelligence Platform

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