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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $45,727 per ton in 2022, picking up by 2% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, not alloyeds increased by +96.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 73% against the previous year. Over the period under review, average import prices reached the maximum at $51,856 per ton in 2015; however, from 2016 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 the United States ($406,510 per ton), while the price for India ($30,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $86,357 per ton, which is down by -1.8% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2019 when the average export price increased by 152% against the previous year. The export price peaked at $87,919 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($283,438 per ton), while the average price for exports to Luxembourg ($23,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+278.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into France skyrocketed to 18 tons, picking up by 32% on the year before. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% 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 +82.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds soared to $814K in 2022. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom28877.22733436.0%
Germany220207136178-6.8%
AustriaN/AN/A14.9159967.1%
IndiaN/AN/A0.160.860700.0%
Switzerland0.91.010221.2186.7%
Belgium62.70.22.22.2-67.3%
Others54.362.274.349.3-3.2%
Total6263486038149.1%

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

  1. United Kingdom (6.1 tons)
  2. Germany (4.5 tons)
  3. Austria (4.3 tons)
  4. India (2.0 tons)
  5. Switzerland (0.6 tons)

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

For the third year in a row, France recorded decline in shipments abroad of nickel; bars, rods and profiles, not alloyeds, which decreased by -47.2% to 2.6 tons in 2022. In general, exports saw a significant decline. The smallest decline of -21.9% was in 2021.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds declined remarkably to $225K in 2022. Over the period under review, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 1% against the previous year.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)26170.9196126-21.6%
Germany1438.99.533.3-38.5%
Israel29.842.411929.0-0.9%
Portugal2.415.115.824.5116.9%
Belgium6.66.98.19.814.1%
Poland230105N/A1.1-83.2%
Italy7.63.340.70.4-62.5%
Luxembourg48.234.2N/A0.1-87.2%
Spain13551.71.70.1-91.0%
Hong Kong SAR33.0N/AN/AN/A0%
United Kingdom9.963.2N/AN/A538.4%
India19.512.931.9N/A27.9%
Others29.115.912.30.9-68.6%
Total955431435225-38.2%

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

  1. Germany (1034.0 kg)
  2. Portugal (449.0 kg)
  3. Taiwan (Chinese) (445.0 kg)
  4. Belgium (312.0 kg)
  5. Israel (282.0 kg)
  6. Poland (20.0 kg)
  7. Italy (15.0 kg)
  8. Luxembourg (6.0 kg)
  9. Spain (2.0 kg)

Source: IndexBox Market Intelligence Platform

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