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

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Serbia (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Serbia

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

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $32,891 per ton, surging by 19% against the previous year. In general, the import price continues to indicate a notable expansion. The pace of growth was the most pronounced in 2016 an increase of 118% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($36,786 per ton), while the price for Israel amounted to $31,351 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%).

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

In 2022, supplies from abroad of nickel; bars, rods and profiles, not alloyeds decreased by -53.3% to 759 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 293%. As a result, imports attained the peak of 1.7 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 reduced rapidly to $25K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 308% against the previous year. As a result, imports attained the peak of $45K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel9.838.839.217.120.4%
JapanN/AN/AN/A7.90%
China0.76.65.8N/A187.8%
Others0.60.10.1N/A-59.2%
Total11.245.545.125.030.7%

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

  1. Israel (544.0 kg)
  2. Japan (215.0 kg)

Source: IndexBox Market Intelligence Platform

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