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

Contents:

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

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

In October 2023, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $21,984 per ton, with a decrease of -45.4% against the previous month. Over the period under review, the import price recorded a mild slump. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 113% m-o-m. Over the period under review, average import prices reached the maximum at $66,623 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Hungary amounted to +8.8% per month.

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

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $24,605 per ton in 2022, surging by 40% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $41,417 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($46,361 per ton), while the average price for exports to Italy ($17,176 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 Greece (+4.7%).

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

In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses imported into Romania shrank slightly to 146 tons, waning by -2% on the year before. Overall, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 192%. As a result, imports reached the peak of 149 tons, and then fell modestly in the following year.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses shrank to $3.7M in 2022. In general, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 172% against the previous year. As a result, imports attained the peak of $3.9M, and then reduced in the following year.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A1961,2601,879209.6%
France1,099320567667-15.3%
Germany909121493440-21.5%
HungaryN/A14832321921.6%
United States11115.668.618217.9%
Italy87.442.24771159.6%
Czech Republic10710225432.3-32.9%
Belgium45.349.126629.5-13.3%
Others96.245422314013.3%
Total2,4551,4473,9313,70414.7%

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

  1. Japan (105.2 tons)
  2. France (14.9 tons)
  3. Germany (10.3 tons)
  4. Hungary (6.7 tons)
  5. Italy (2.3 tons)
  6. United States (2.0 tons)
  7. Belgium (0.8 tons)
  8. Czech Republic (0.5 tons)

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

For the fourth year in a row, Romania recorded growth in overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses, which increased by 40% to 73 tons in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 167% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $1.8M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 131% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy80.5308826924125.6%
MadagascarN/AN/AN/A8570%
Bulgaria23.743.934.07.3-32.5%
Greece16643.553.76.5-66.0%
Others44.40.72.30.4-79.2%
Total3153979161,79578.6%

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

  1. Italy (53.8 tons)
  2. Madagascar (18.5 tons)
  3. Bulgaria (0.5 tons)
  4. Greece (0.2 tons)

Source: IndexBox Market Intelligence Platform

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