Price for Nickel; Plates, Sheets, Strip and Foil in Portugal - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Portugal (CIF) - 2023
- Price for Nickel; Plates, Sheets, Strip and Foil in Portugal (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Portugal
- Exports of Nickel; Plates, Sheets, Strip and Foil in Portugal
Price for Nickel; Plates, Sheets, Strip and Foil in Portugal (CIF) - 2023
The average import price for nickel; plates, sheets, strip and foils stood at $23,967 per ton in December 2023, picking up by 12% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 13% month-to-month. Over the period under review, average import prices reached the peak figure at $27,199 per ton in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($29,826 per ton), while the price for Germany stood at $22,364 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+16.6%).
Price for Nickel; Plates, Sheets, Strip and Foil in Portugal (FOB) - 2022
In 2022, the average export price for nickel; plates, sheets, strip and foils amounted to $50,927 per ton, jumping by 435% against the previous year. Overall, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($54,032 per ton), while the average price for exports to Spain totaled $40,700 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Plates, Sheets, Strip and Foil in Portugal
Imports of nickel; plates, sheets, strip and foils into Portugal soared to 216 tons in 2022, jumping by 79% on the year before. Overall, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foils surged to $5.2M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Plates, Sheets, Strip and Foil in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,071 | 1,670 | 2,806 | 4,791 | 32.3% |
| France | 208 | 410 | 50.4 | 129 | -14.7% |
| United States | 305 | 2.4 | 1.8 | 81.5 | -35.6% |
| Spain | 20.9 | 29.4 | 32.8 | 15.3 | -9.9% |
| Others | 87.3 | 116 | 120 | 159 | 22.1% |
| Total | 2,693 | 2,227 | 3,011 | 5,176 | 24.3% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Portugal in 2022:
- Germany (207.3 tons)
- Spain (2.2 tons)
- United States (2.0 tons)
- France (1.7 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil in Portugal
After two years of decline, shipments abroad of nickel; plates, sheets, strip and foils decreased by -80.8% to 436 kg in 2022. Over the period under review, exports showed a precipitous decline.
In value terms, exports of nickel; plates, sheets, strip and foils expanded modestly to $22K in 2022. Overall, exports recorded a sharp contraction.
| Export of Nickel; Plates, Sheets, Strip and Foil in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 3.9 | 17.0 | 335.9% |
| Spain | N/A | N/A | 2.0 | 4.9 | 145.0% |
| Belgium | N/A | N/A | 9.1 | N/A | 0% |
| Germany | 309 | N/A | 6.7 | N/A | -85.3% |
| Others | 5.7 | N/A | N/A | 0.3 | -62.5% |
| Total | 315 | N/A | 21.7 | 22.2 | -58.7% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Portugal in 2022:
- France (315.0 kg)
- Spain (120.0 kg)
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