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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $92,980 per ton in 2022, which is down by -30.3% against the previous year. In general, the import price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 552%. As a result, import price attained the peak level of $133,343 per ton, and then fell sharply in the following year.

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 UK ($238,026 per ton), while the price for Sweden ($34,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $7,175 per ton, therefore, remained relatively stable against the previous year. In general, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2018 a decrease of -22.7%. Over the period under review, the average export prices reached the maximum at $40,854 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -0.0% per year.

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

In 2022, supplies from abroad of nickel; bars, rods and profiles, not alloyeds decreased by -18.2% to 148 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 90% against the previous year. As a result, imports attained the peak of 1.2 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds declined sharply to $14K in 2022. In general, imports showed a sharp contraction. The smallest decline of -0.6% was in 2021.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom8.00.518.49.35.1%
Germany7.16.11.83.9-18.1%
SwedenN/A7.8N/A0.6-72.3%
China10.19.80.8N/A-71.9%
India0.2N/AN/AN/A0%
Others1.90.13.1N/A27.7%
Total27.324.324.113.8-20.3%

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

  1. Germany (91.0 kg)
  2. United Kingdom (39.0 kg)
  3. Sweden (18.0 kg)

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

In 2022, overseas shipments of nickel; bars, rods and profiles, not alloyeds decreased by 0% to 302 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a sharp reduction. The smallest decline of 99.9% was in 2020.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds amounted to $2.2K in 2022. Over the period under review, exports showed a dramatic curtailment. The smallest decline of 99.9% was in 2020.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A1.90%
Spain1.7N/AN/A0.3-43.9%
Belgium2.3N/AN/AN/A0%
Italy7.3N/AN/AN/A0%
Netherlands4.1N/AN/AN/A0%
Others0.4N/AN/AN/A0%
Total15.8N/AN/A2.2-48.2%

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

  1. Lithuania (300.0 kg)
  2. Spain (2.0 kg)

Source: IndexBox Market Intelligence Platform

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