Price for Nickel; Plates, Sheets, Strip and Foil in Austria - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Austria (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil in Austria (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Austria
- Exports of Nickel; Plates, Sheets, Strip and Foil in Austria
Price for Nickel; Plates, Sheets, Strip and Foil in Austria (CIF) - 2022
The average import price for nickel; plates, sheets, strip and foils stood at $19,829 per ton in 2022, picking up by 15% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. The import price peaked at $29,395 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($37,994 per ton), while the price for Croatia ($4,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Plates, Sheets, Strip and Foil in Austria (FOB) - 2022
In 2022, the average export price for nickel; plates, sheets, strip and foils amounted to $35,496 per ton, rising by 15% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 22% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($38,739 per ton), while the average price for exports to France ($25,634 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 India (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Plates, Sheets, Strip and Foil in Austria
Imports of nickel; plates, sheets, strip and foils into Austria fell markedly to 3.8K tons in 2022, with a decrease of -26.8% compared with 2021. Overall, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of 5.2K tons, and then contracted markedly in the following year.
In value terms, imports of nickel; plates, sheets, strip and foils reduced dramatically to $76M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $90M, and then shrank rapidly in the following year.
| Import of Nickel; Plates, Sheets, Strip and Foil in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 51.4 | 52.5 | 72.1 | 63.0 | 7.0% |
| Sweden | 0.1 | N/A | 13.5 | 5.1 | 270.8% |
| Luxembourg | N/A | N/A | N/A | 2.5 | 0% |
| Poland | 0.7 | 0.9 | 1.5 | 2.0 | 41.9% |
| United States | 8.1 | 1.4 | 0.2 | 0.5 | -60.5% |
| Italy | 0.6 | 0.3 | 0.2 | 0.3 | -20.6% |
| Croatia | N/A | N/A | N/A | 0.3 | 0% |
| Others | 1.6 | 1.1 | 2.5 | 2.1 | 9.5% |
| Total | 62.5 | 56.2 | 90.1 | 75.7 | 6.6% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Austria in 2022:
- Germany (2914.9 tons)
- Sweden (439.3 tons)
- Poland (169.5 tons)
- Luxembourg (97.1 tons)
- Croatia (65.7 tons)
- Italy (33.9 tons)
- United States (12.4 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil in Austria
In 2022, the amount of nickel; plates, sheets, strip and foils exported from Austria surged to 687 tons, picking up by 18% compared with the previous year's figure. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of nickel; plates, sheets, strip and foils soared to $24M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Nickel; Plates, Sheets, Strip and Foil in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 4.8 | 7.3 | 6.7 | -4.5% |
| United States | 1.3 | 0.3 | 1.7 | 6.4 | 70.1% |
| China | 0.3 | 1.2 | 0.4 | 2.7 | 108.0% |
| Italy | 1.0 | 1.0 | 3.5 | 2.6 | 37.5% |
| India | 0.2 | 0.5 | 1.7 | 1.7 | 104.1% |
| United Kingdom | 1.7 | 0.7 | 0.3 | 0.6 | -29.3% |
| Ireland | 1.0 | 0.5 | 0.5 | 0.5 | -20.6% |
| Slovakia | 0.7 | 1.3 | 0.5 | 0.5 | -10.6% |
| Others | 3.7 | 2.6 | 2.1 | 2.6 | -11.1% |
| Total | 17.4 | 12.7 | 17.9 | 24.4 | 11.9% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Austria in 2022:
- Germany (188.9 tons)
- United States (172.0 tons)
- China (84.7 tons)
- Italy (67.4 tons)
- India (46.1 tons)
- Slovakia (19.5 tons)
- United Kingdom (18.6 tons)
- Ireland (16.9 tons)
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