Price for Nickel; Bars, Rods, Profiles and Wire in Israel - 2024
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Israel (CIF) - 2024
- Price for Nickel; Bars, Rods, Profiles and Wire in Israel (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Israel
- Exports of Nickel; Bars, Rods, Profiles and Wire in Israel
Price for Nickel; Bars, Rods, Profiles and Wire in Israel (CIF) - 2024
The average import price for nickel; bars, rods, profiles and wires stood at $49,641 per ton in August 2023, stabilizing at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 2.2% against the previous month. As a result, import price reached the peak level of $50,311 per ton. From April 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($50,022 per ton), while the price for Germany ($40,277 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Israel (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $31,026 per ton, surging by 11% against the previous year. Overall, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2015 an increase of 171%. Over the period under review, the average export prices reached the peak figure at $42,874 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($50,000 per ton), while the average price for exports to the UK ($19,613 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods, Profiles and Wire in Israel
In 2022, approx. 511 tons of nickel; bars, rods, profiles and wires were imported into Israel; growing by 77% against 2021 figures. In general, imports, however, showed a abrupt shrinkage.
In value terms, imports of nickel; bars, rods, profiles and wires skyrocketed to $20M in 2022. Overall, imports, however, continue to indicate a mild slump.
| Import of Nickel; Bars, Rods, Profiles and Wire in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.9 | 14.8 | 7.6 | 16.5 | -4.4% |
| Germany | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
| Kazakhstan | N/A | N/A | N/A | 0.9 | 0% |
| United Kingdom | 0.3 | 5.0 | 0.5 | 0.5 | 18.6% |
| Ireland | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Austria | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Belgium | N/A | 1.0 | 0.1 | N/A | -90.0% |
| Others | 1.1 | 0.7 | 0.7 | 0.7 | -14.0% |
| Total | 21.0 | 22.3 | 9.7 | 20.3 | -1.1% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Israel in 2022:
- United States (410.8 tons)
- Kazakhstan (27.3 tons)
- Germany (24.0 tons)
- United Kingdom (11.3 tons)
- Ireland (11.3 tons)
- Austria (8.2 tons)
- Belgium (1.2 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Israel
In 2022, exports of nickel; bars, rods, profiles and wires from Israel surged to 46 tons, picking up by 163% on the year before. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 686% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of nickel; bars, rods, profiles and wires surged to $1.4M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 550%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Nickel; Bars, Rods, Profiles and Wire in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 372 | 0% |
| Germany | N/A | N/A | N/A | 314 | 0% |
| Italy | N/A | N/A | N/A | 168 | 0% |
| Vietnam | 54.0 | 155 | 66.0 | 166 | 45.4% |
| Bosnia and Herzegovina | 11.0 | 14.0 | 28.0 | 35.0 | 47.1% |
| Turkey | N/A | 40.0 | 129 | 19.0 | -31.1% |
| Serbia | N/A | 47.0 | 65.0 | 17.0 | -39.9% |
| Hong Kong SAR | N/A | 379 | N/A | N/A | 0% |
| Others | 50.0 | 113 | 205 | 340 | 89.5% |
| Total | 115 | 748 | 493 | 1,431 | 131.7% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Israel in 2022:
- United Kingdom (19.0 tons)
- Germany (8.9 tons)
- Italy (7.1 tons)
- Vietnam (6.6 tons)
- Bosnia and Herzegovina (1.1 tons)
- Turkey (0.5 tons)
- Serbia (0.5 tons)
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