Price for Nickel; Plates, Sheets, Strip and Foil in Croatia - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Croatia (CIF) - 2023
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Croatia (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Croatia
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Croatia

Price for Nickel; Plates, Sheets, Strip and Foil in Croatia (CIF) - 2023

The average import price for nickel; plates, sheets, strip and foils stood at $59,594 per ton in November 2023, reducing by -37.2% against the previous month. In general, the import price, however, showed a tangible increase. The most prominent rate of growth was recorded in December 2022 an increase of 107% month-to-month. Over the period under review, average import prices hit record highs at $136K per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($89,030 per ton), while the price for Slovenia ($45,555 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Croatia (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $39,234 per ton in 2022, rising by 67% against the previous year. In general, the export price, however, saw a noticeable slump. The export price peaked at $51,377 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 ($103,121 per ton), while the average price for exports to Slovenia ($30,010 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 the United States (+38.4%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Plates, Sheets, Strip and Foil in Croatia

In 2022, the amount of nickel; plates, sheets, strip and foils imported into Croatia stood at 103 tons, picking up by 13% against the previous year's figure. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of nickel; plates, sheets, strip and foils surged to $5.1M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern 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; Plates, Sheets, Strip and Foil in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2621,3521,9462,35323.1%
Germany3,2012,1346892,141-12.5%
Austria0.5N/A0.1278722.3%
Slovenia67.211897.477.85.0%
Switzerland34563353177.0-39.3%
South KoreaN/A0.4N/A58.51109.3%
Others40.841.020010436.6%
Total4,9174,2783,4635,0891.2%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Croatia in 2022:

  1. United States (53.9 tons)
  2. Germany (35.6 tons)
  3. South Korea (4.9 tons)
  4. Austria (4.3 tons)
  5. Switzerland (1.4 tons)
  6. Slovenia (0.9 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Croatia

For the fourth consecutive year, Croatia recorded growth in overseas shipments of nickel; plates, sheets, strip and foils, which increased by 209% to 5 tons in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 3,170% 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; plates, sheets, strip and foils skyrocketed to $198K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 4,129% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Nickel; Plates, Sheets, Strip and Foil in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A38.3109184.6%
United StatesN/AN/AN/A52.00%
SwitzerlandN/A0.9N/A24.5421.7%
SwedenN/AN/AN/A12.70%
OthersN/AN/AN/A0.10%
TotalN/A0.938.31981383.2%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Croatia in 2022:

  1. Slovenia (3.6 tons)
  2. Switzerland (0.7 tons)
  3. United States (0.5 tons)
  4. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform

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