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

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovenia (FOB) - 2023
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovenia (CIF) - 2022
  3. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovenia
  4. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovenia

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

The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $56,397 per ton in August 2023, with a decrease of -2.3% against the previous month. Over the period under review, the export price recorded a slight decline. The pace of growth was the most pronounced in May 2023 when the average export price increased by 30% month-to-month. As a result, the export price reached the peak level of $74,924 per ton. From June 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($98,421 per ton), while the average price for exports to India ($50,962 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 India (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $45,928 per ton, rising by 14% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, of nickel alloyses increased by +15.8% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($49,877 per ton) and Germany ($48,198 per ton), while the price for Austria ($41,376 per ton) and Italy ($43,101 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of nickel; bars, rods and profiles, of nickel alloyses from Slovenia soared to 37 tons, growing by 66% against the year before. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 208%. As a result, the exports reached the peak of 87 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $1.5M in 2022. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 97%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A4100%
India23618617039919.1%
Russia70.692.497.614125.9%
Egypt53.243.962.087.618.1%
Kazakhstan9.124.433.668.195.6%
Lebanon23.910.516.847.725.9%
AustriaN/A20494.129.2-62.2%
Germany25699376.23.7-75.6%
Others2391923323179.9%
Total8881,7468831,50319.2%

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

  1. Singapore (15.0 tons)
  2. India (8.9 tons)
  3. Russia (2.1 tons)
  4. Egypt (2.0 tons)
  5. Austria (1.8 tons)
  6. Lebanon (1.0 tons)
  7. Kazakhstan (1.0 tons)
  8. Germany (0.3 tons)

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

Imports of nickel; bars, rods and profiles, of nickel alloyses into Slovenia soared to 21 tons in 2022, rising by 69% against 2021. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $970K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10218227741359.4%
Austria49.011.912332487.7%
United Kingdom16411129.51996.7%
Italy3.29.863.118.479.2%
Others5.2N/A10.114.741.4%
Total32331550397044.3%

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

  1. Germany (8.6 tons)
  2. Austria (7.8 tons)
  3. United Kingdom (4.0 tons)
  4. Italy (0.4 tons)

Source: IndexBox Market Intelligence Platform

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