Price for Nickel; Plates, Sheets, Strip and Foil in the Czech Republic - 2023

Contents:

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

Price for Nickel; Plates, Sheets, Strip and Foil in the Czech Republic (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $31,354 per ton in 2022, surging by 39% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 foils increased by +84.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($96,173 per ton), while the price for the Netherlands ($25,148 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in the Czech Republic (FOB) - 2023

The average export price for nickel; plates, sheets, strip and foils stood at $38,528 per ton in December 2023, with a decrease of -56.7% against the previous month. In general, the export price, however, posted a slight expansion. The most prominent rate of growth was recorded in November 2023 an increase of 186% month-to-month. As a result, the export price reached the peak level of $89,010 per ton, and then reduced markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($69,817 per ton), while the average price for exports to Slovakia ($19,391 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+103.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil in the Czech Republic

In 2022, approx. 724 tons of nickel; plates, sheets, strip and foils were imported into the Czech Republic; waning by -8.7% on the previous year's figure. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 15%.

In value terms, imports of nickel; plates, sheets, strip and foils skyrocketed to $23M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +74.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Nickel; Plates, Sheets, Strip and Foil in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A6.37.17.26.9%
United States3.61.51.05.515.2%
Germany2.51.95.64.925.1%
PolandN/A1.92.83.433.8%
France0.10.20.40.791.3%
Russia5.9N/AN/AN/A0%
Norway0.9N/AN/AN/A0%
South Africa3.7N/AN/AN/A0%
Others2.01.10.91.0-20.6%
Total18.713.017.922.76.7%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to the Czech Republic in 2022:

  1. Netherlands (284.7 tons)
  2. Germany (149.8 tons)
  3. Poland (128.6 tons)
  4. United States (117.4 tons)
  5. France (11.9 tons)
  6. Russia (0.1 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in the Czech Republic

In 2022, approx. 140 tons of nickel; plates, sheets, strip and foils were exported from the Czech Republic; surging by 3.2% compared with the previous year. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 86% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of nickel; plates, sheets, strip and foils soared to $4.8M in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Nickel; Plates, Sheets, Strip and Foil in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia8381,5402,4423,22556.7%
Poland22128746964542.9%
South Korea9.8N/AN/A314217.6%
United KingdomN/A25.46.8155147.0%
ChinaN/AN/AN/A1510%
Romania32.684.912724.0-9.7%
IraqN/AN/A380N/A0%
Others13743448027426.0%
Total1,2382,3723,9054,78857.0%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from the Czech Republic in 2022:

  1. Slovakia (102.1 tons)
  2. Poland (15.4 tons)
  3. China (7.1 tons)
  4. United Kingdom (5.2 tons)
  5. South Korea (3.7 tons)
  6. Romania (0.3 tons)

Source: IndexBox Market Intelligence Platform

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