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

Contents:

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

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

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $116K per ton in October 2023, rising by 455% against the previous month. Overall, the import price posted resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +3.5% per month.

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

In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $22,423 per ton, jumping by 33% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 502%. As a result, the export price attained the peak level of $114,691 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($28,403 per ton), while the average price for exports to Germany stood at $19,120 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.4%).

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

Imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Slovakia skyrocketed to 199 tons in 2022, jumping by 36% on 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +66.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $5.2M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +86.0% against 2020 indices. 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, of Nickel Alloys in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.22.33.04.512.0%
AustriaN/AN/AN/A0.20%
Czech RepublicN/A0.10.10.10.0%
Others0.20.40.30.426.0%
Total3.42.83.45.215.2%

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

  1. Germany (182.3 tons)
  2. Austria (7.1 tons)
  3. Czech Republic (5.9 tons)

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

In 2022, approx. 4 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were exported from Slovakia; rising by 112% compared with the previous year. Overall, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $90K in 2022. In general, exports, however, recorded a deep contraction.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany29.351.231.973.635.9%
SwitzerlandN/AN/AN/A3.90%
Spain68.4N/AN/AN/A0%
Others22.420.7N/A12.5-17.7%
Total12071.931.990.0-9.1%

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

  1. Germany (3.8 tons)
  2. Switzerland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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