Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Austria - 2023

Contents:

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

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Austria (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $19,942 per ton in 2022, surging by 14% against the previous year. In general, the import price, however, recorded a perceptible contraction. The growth pace was the most rapid in 2017 an increase of 32%. Over the period under review, average import prices attained the peak figure at $29,990 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($37,971 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, of Nickel Alloys in Austria (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $35,211 per ton in 2022, growing by 15% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 24% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Singapore ($62,500 per ton), while the average price for exports to Slovakia ($26,724 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 Singapore (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Austria

In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses imported into Austria dropped significantly to 3.8K tons, which is down by -26.9% on the previous year's figure. Over the period under review, imports recorded a slight decline. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of 5.2K tons, and then dropped rapidly in the following year.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses shrank markedly to $75M in 2022. Overall, total imports indicated a prominent 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 +34.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60%. As a result, imports reached the peak of $90M, and then shrank dramatically in the following year.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany51.052.471.862.57.0%
Sweden0.1N/A13.55.1270.8%
LuxembourgN/AN/AN/A2.50%
Poland0.70.91.52.041.9%
United States8.11.40.20.5-60.5%
CroatiaN/AN/AN/A0.30%
Italy0.50.30.20.2-26.3%
Others1.61.02.52.07.7%
Total62.056.089.875.16.6%

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

  1. Germany (2881.5 tons)
  2. Sweden (439.3 tons)
  3. Poland (169.5 tons)
  4. Luxembourg (97.1 tons)
  5. Croatia (65.7 tons)
  6. Italy (14.5 tons)
  7. United States (12.4 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Austria

Exports of nickel; plates, sheets, strip and foil, of nickel alloyses from Austria totaled 566 tons in 2022, surging by 11% compared with the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume 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, exports increased by +68.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. 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 foil, of nickel alloyses surged to $20M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +79.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.94.36.86.7-1.0%
China0.31.00.42.7108.0%
United States1.0N/A0.92.637.5%
Italy1.01.03.52.637.5%
India0.20.41.71.7104.1%
United Kingdom1.60.70.30.6-27.9%
Slovakia0.61.30.50.5-5.9%
Ireland0.70.20.30.4-17.0%
France0.30.20.30.30.0%
Others2.02.01.01.7-5.3%
Total14.611.115.619.910.9%

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

  1. Germany (188.2 tons)
  2. China (84.7 tons)
  3. United States (68.9 tons)
  4. Italy (67.5 tons)
  5. India (46.1 tons)
  6. Slovakia (19.5 tons)
  7. United Kingdom (18.6 tons)
  8. Ireland (13.7 tons)
  9. France (13.1 tons)

Source: IndexBox Market Intelligence Platform

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