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

Contents:

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

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

In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $37,014 per ton, increasing by 24% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; plates, sheets, strip and foil, of nickel alloyses increased by +65.5% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 42%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46,079 per ton), while the price for Finland ($6,388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $56,406 per ton, jumping by 17% against the previous year. Over the period under review, the export price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2017 an increase of 140% against the previous year. The export price peaked at $67,746 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($514,076 per ton), while the average price for exports to France ($24,949 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 Cuba (+68.4%), 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 Spain

In 2022, imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Spain stood at 311 tons, growing by 3% on the previous year. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 3.2% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $12M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +75.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Germany (96.3 tons)
2. United States (81.7 tons)
3. France (79.3 tons)
4. Italy (17.7 tons)
5. Finland (9.0 tons)
6. Sweden (7.6 tons)
7. United Kingdom (6.1 tons)

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

For the fourth consecutive year, Spain recorded growth in overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses, which increased by 18% to 23 tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 +67.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses surged to $1.3M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 87%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Portugal (15.6 tons)
2. Turkey (5.0 tons)
3. France (1.5 tons)
4. India (0.4 tons)
5. Argentina (0.2 tons)

Source: IndexBox Market Intelligence Platform