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

Contents:

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

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

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $31,473 per ton in 2022, growing by 28% against the previous year. In general, the import price showed a slight increase. The pace of growth appeared the most rapid in 2020 an increase of 138% against the previous year. As a result, import price reached the peak level of $38,611 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($31,636 per ton), while the price for the Netherlands ($21,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $5,693 per ton, growing by 469% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +469.3% per year.

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

After three years of growth, supplies from abroad of nickel; bars, rods and profiles, not alloyeds decreased by -15.2% to 89 tons in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 10,942% against the previous year. As a result, imports reached the peak of 105 tons, and then declined remarkably in the following year.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds expanded significantly to $2.8M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 6,959%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A1,4002,73895.6%
NetherlandsN/AN/A1,12332.3-97.1%
Italy14.218.257.318.49.0%
Others1.118.43.36.479.9%
Total15.436.62,5842,795466.2%

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

  1. India (86.5 tons)
  2. Netherlands (1.5 tons)
  3. Italy (0.6 tons)

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

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Romania surged to 75 kg, rising by 3,650% compared with the previous year. Overall, exports, however, continue to indicate a precipitous decline.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds soared to $427 in 2022. Over the period under review, exports, however, recorded a dramatic curtailment.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Romania (USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/A2.042721250.0%
Bulgaria852N/AN/A0%
OthersN/AN/AN/A0%
Total8522.0427-29.2%

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

  1. Netherlands (75.0 kg)

Source: IndexBox Market Intelligence Platform

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