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

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in France (CIF) - 2023
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in France (FOB) - 2023
  3. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in France
  4. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in France

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in France (CIF) - 2023

The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $42,308 per ton in August 2023, rising by 46% against the previous month. Overall, import price indicated a resilient expansion from November 2022 to August 2023: its price increased at an average monthly rate of +5.4% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for nickel; bars, rods and profiles, of nickel alloyses increased by +46.5% against July 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($66,665 per ton), while the price for India ($22,233 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+10.8%), 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 France (FOB) - 2023

The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $43,259 per ton in August 2023, surging by 19% against the previous month. Over the period under review, export price indicated slight growth from November 2022 to August 2023: its price increased at an average monthly rate of +1.3% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for nickel; bars, rods and profiles, of nickel alloyses increased by +28.6% against March 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 44% m-o-m. The export price peaked at $53,975 per ton in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Tunisia ($126K per ton), while the average price for exports to the UK ($3,034 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+52.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of nickel; bars, rods and profiles, of nickel alloyses was finally on the rise to reach 7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep slump.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses soared to $190M in 2022. Over the period under review, imports, however, recorded a deep downturn.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15581.432.690.8-16.3%
Germany24.836.135.030.36.9%
United Kingdom12.39.614.523.924.8%
Belgium22.821.711.416.4-10.4%
Austria6.311.014.915.835.9%
Italy5.77.78.08.815.6%
Czech Republic0.40.11.00.1-37.0%
Others5.52.83.23.7-12.4%
Total233170121190-6.6%

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

  1. United States (2413.6 tons)
  2. Germany (1668.6 tons)
  3. Austria (1077.4 tons)
  4. Belgium (750.3 tons)
  5. United Kingdom (559.3 tons)
  6. Italy (448.8 tons)
  7. Czech Republic (35.4 tons)

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

In 2022, exports of nickel; bars, rods and profiles, of nickel alloyses from France surged to 662 tons, jumping by 30% on the previous year's figure. Overall, exports, however, showed a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $22M in 2022. In general, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.51.74.34.017.0%
Italy1.20.61.33.948.1%
Romania0.1N/A0.12.8203.7%
Germany2.01.62.42.00.0%
United States0.50.81.11.544.2%
China0.30.90.51.363.0%
India1.90.61.21.2-14.2%
Netherlands0.40.41.01.140.1%
Turkey0.30.20.50.838.7%
MexicoN/AN/AN/A0.50%
Tunisia6.62.00.30.4-60.7%
Austria0.80.20.30.1-50.0%
Others2.62.42.02.3-4.0%
Total19.311.315.022.04.5%

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

  1. United Kingdom (155.8 tons)
  2. Germany (131.6 tons)
  3. Italy (85.0 tons)
  4. Romania (74.4 tons)
  5. India (35.5 tons)
  6. Netherlands (28.6 tons)
  7. China (27.3 tons)
  8. Mexico (26.7 tons)
  9. United States (18.8 tons)
  10. Turkey (13.8 tons)
  11. Tunisia (11.1 tons)
  12. Austria (6.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Nickel; bars, rods and profiles, of nickel alloys - France