Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria
  4. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $70,878 per ton, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 137%. The import price peaked at $75,421 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($150,156 per ton), while the price for the UK ($21,491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria (FOB) - 2022

The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $47,613 per ton in 2022, jumping by 32% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 49%. The export price peaked at $48,773 per ton in 2014; however, from 2015 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 the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +2.9% per year.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria

In 2022, imports of nickel; bars, rods and profiles, of nickel alloyses into Bulgaria surged to 3 tons, with an increase of 76% against the year before. Over the period under review, imports, however, continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2020 when imports increased by 96% against the previous year. As a result, imports attained the peak of 6.6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses surged to $215K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 84%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.640.964.575.341.5%
Ukraine10.815.725.272.188.3%
Romania0.613.6N/A22.0232.2%
CroatiaN/AN/AN/A17.50%
China0.81.9N/A9.3126.5%
SwitzerlandN/AN/AN/A4.90%
United Kingdom38.765.522.92.5-59.9%
Italy7.353.0N/AN/A626.0%
Turkey15.62.10.5N/A-82.1%
Others6.74.09.811.720.4%
Total10719712321526.2%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Bulgaria in 2022:

  1. Germany (1550.0 kg)
  2. Ukraine (480.0 kg)
  3. Romania (285.0 kg)
  4. Croatia (277.0 kg)
  5. China (138.0 kg)
  6. United Kingdom (116.0 kg)
  7. Switzerland (102.0 kg)

Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria

In 2022, approx. 1.1 tons of nickel; bars, rods and profiles, of nickel alloyses were exported from Bulgaria; increasing by 45% compared with the year before. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,106% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $53K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 3,177% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.7N/A13.353.4170.4%
Georgia9.0N/AN/AN/A0%
GreeceN/AN/A14.5N/A0%
OthersN/A0.8N/AN/A0%
Total11.70.827.853.465.9%

Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Bulgaria in 2022:

  1. Netherlands (1.1 tons)

Source: IndexBox Market Intelligence Platform

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