Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $8,222 per ton, falling by -19.3% against the previous year. Overall, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 5.7% against the previous year. Over the period under review, average import prices attained the maximum at $12,931 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($8,250 per ton), while the price for the United States ($8,196 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 (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland (FOB) - 2022
The average export price for nickel; bars, rods and profiles, not alloyeds stood at $25,860 per ton in 2022, growing by 12% against the previous year. In general, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $34,864 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($25,873 per ton), while the average price for exports to Switzerland totaled $25,847 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-1.9%).
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland
In 2022, imports of nickel; bars, rods and profiles, not alloyeds into Ireland surged to 21 tons, rising by 159% compared with 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,918%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds soared to $174K in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,844%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.0 | 0.8 | 72.3 | 164 | 447.4% |
| United States | 14.4 | 2.0 | 8.9 | 8.0 | -17.8% |
| Others | N/A | N/A | 2.1 | 2.0 | -4.8% |
| Total | 15.3 | 2.8 | 83.3 | 174 | 124.9% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Ireland in 2022:
- United Kingdom (20.0 tons)
- United States (1.0 tons)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland
Exports of nickel; bars, rods and profiles, not alloyeds from Ireland declined dramatically to 1.1 tons in 2022, falling by -87.5% on 2021 figures. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 291%.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds dropped remarkably to $28K in 2022. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 360% against the previous year.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 1.8 | N/A | 15.9 | 197.2% |
| Switzerland | N/A | N/A | N/A | 12.5 | 0% |
| Indonesia | 51.4 | N/A | N/A | N/A | 0% |
| Mexico | 498 | 42.2 | 203 | N/A | -36.2% |
| Others | 3.7 | N/A | N/A | 0.1 | -70.0% |
| Total | 553 | 44.0 | 203 | 28.5 | -62.8% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Ireland in 2022:
- South Korea (613.0 kg)
- Switzerland (485.0 kg)
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