Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic (FOB) - 2023
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $43,199 per ton in 2022, picking up by 6.3% against the previous year. In general, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 70% against the previous year. The import price peaked at $47,454 per ton in 2015; however, from 2016 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 the United States ($121,323 per ton), while the price for Slovakia ($9,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), 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 the Czech Republic (FOB) - 2023
In August 2023, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $26,090 per ton, rising by 8.2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 42% month-to-month. The export price peaked at $48,321 per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Italy ($270K per ton), while the average price for exports to Sweden ($22,209 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 Italy (+32.8%), 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 the Czech Republic
In 2022, approx. 268 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into the Czech Republic; surging by 55% against 2021. Over the period under review, imports, however, recorded a mild reduction.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $12M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,970 | 2,831 | 1,709 | 4,216 | 28.9% |
| Germany | 2,096 | 1,883 | 1,505 | 2,156 | 0.9% |
| Italy | 1,596 | 800 | 1,109 | 1,483 | -2.4% |
| Netherlands | 115 | 193 | 250 | 790 | 90.1% |
| Taiwan (Chinese) | 198 | N/A | 180 | 629 | 47.0% |
| France | 3.9 | 31.8 | 291 | 501 | 404.6% |
| United States | 612 | 1,318 | 631 | 424 | -11.5% |
| Austria | 208 | 4.3 | 54.4 | 332 | 16.9% |
| Switzerland | 432 | 384 | 668 | 76.2 | -43.9% |
| Others | 82.4 | 312 | 617 | 965 | 127.1% |
| Total | 7,314 | 7,758 | 7,015 | 11,571 | 16.5% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to the Czech Republic in 2022:
- United Kingdom (89.6 tons)
- Italy (47.7 tons)
- Germany (47.4 tons)
- Taiwan (Chinese) (28.5 tons)
- Netherlands (16.2 tons)
- Austria (8.2 tons)
- France (7.3 tons)
- United States (3.5 tons)
- Switzerland (1.7 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses exported from the Czech Republic skyrocketed to 379 tons, increasing by 46% against 2021. In general, exports, however, showed a noticeable decrease.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses soared to $11M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.1 | 20.4 | 40.4 | 4,320 | 3408.8% |
| United Kingdom | 3,071 | 2,286 | 1,139 | 2,103 | -11.9% |
| Poland | 222 | 107 | 581 | 811 | 54.0% |
| France | 1,452 | 627 | 2,404 | 552 | -27.6% |
| China | N/A | 110 | 43.9 | 511 | 115.5% |
| Romania | 5.8 | 28.6 | 72.5 | 398 | 309.4% |
| United Arab Emirates | N/A | 182 | 235 | 351 | 38.9% |
| Saudi Arabia | N/A | 28.3 | 190 | 227 | 183.2% |
| Sweden | 2,693 | 3,841 | 398 | 45.6 | -74.3% |
| Others | 561 | 1,085 | 1,114 | 1,515 | 39.3% |
| Total | 8,005 | 8,315 | 6,218 | 10,832 | 10.6% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from the Czech Republic in 2022:
- Italy (195.6 tons)
- United Kingdom (79.7 tons)
- France (21.2 tons)
- China (16.6 tons)
- Poland (13.2 tons)
- Saudi Arabia (9.1 tons)
- United Arab Emirates (8.3 tons)
- Romania (6.1 tons)
- Sweden (1.4 tons)
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