Price for Nickel Oxides and Hydroxides in Austria - 2023

Contents:

1. Price for Nickel Oxides and Hydroxides in Austria (CIF) - 2022
2. Price for Nickel Oxides and Hydroxides in Austria (FOB) - 2022
3. Imports of Nickel Oxides and Hydroxides in Austria
4. Exports of Nickel Oxides and Hydroxides in Austria

Price for Nickel Oxides and Hydroxides in Austria (CIF) - 2022

The average nickel oxides and hydroxides import price stood at $30,928 per ton in 2022, surging by 36% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 279%. The import price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +6.0% per year.

Price for Nickel Oxides and Hydroxides in Austria (FOB) - 2022

In 2022, the average nickel oxides and hydroxides export price amounted to $86,857 per ton, increasing by 152% against the previous year. Overall, the export price posted a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($405,500 per ton), while the average price for exports to Romania ($28,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-4.5%).

Imports of Nickel Oxides and Hydroxides in Austria

In 2022, the amount of nickel oxides and hydroxideses imported into Austria fell rapidly to 4.4 tons, shrinking by -42.8% on the previous year. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. As a result, imports attained the peak of 7.8 tons, and then contracted rapidly in the following year.

In value terms, nickel oxides and hydroxides imports shrank remarkably to $138K in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 144% against the previous year. As a result, imports attained the peak of $177K, and then shrank sharply in the following year.

Top Suppliers of Nickel Oxides and Hydroxides to Austria in 2022:

1. Germany (4.4 tons)

Exports of Nickel Oxides and Hydroxides in Austria

After two years of growth, shipments abroad of nickel oxides and hydroxideses decreased by -68.9% to 14 kg in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 463%. As a result, the exports reached the peak of 45 kg, and then dropped markedly in the following year.

In value terms, nickel oxides and hydroxides exports declined significantly to $1.2K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 204% against the previous year. As a result, the exports reached the peak of $1.6K, and then declined notably in the following year.

Top Export Markets for Nickel Oxides and Hydroxides from Austria in 2022:

1. Romania (9.0 kg)
2. Bosnia and Herzegovina (3.0 kg)
3. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform