Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic - 2023

Contents:

1. Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic (CIF) - 2023
2. Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic (FOB) - 2022
3. Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic
4. Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic

Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic (CIF) - 2023

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $39,234 per ton in August 2023, waning by -1.7% against the previous month. Overall, import price indicated a slight increase from December 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for nickel; tubes and pipes, of nickel alloyses increased by +53.3% against June 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 92% month-to-month. As a result, import price attained the peak level of $52,752 per ton. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.

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

From December 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +1.4% per month.

Price for Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic (FOB) - 2022

In 2022, the average export price for nickel; tubes and pipes, of nickel alloyses amounted to $28,061 per ton, which is down by -20.9% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 190%. The export price peaked at $126,662 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($160,610 per ton), while the average price for exports to the UK ($23,813 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 Poland (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic

Imports of nickel; tubes and pipes, of nickel alloyses into the Czech Republic contracted rapidly to 101 tons in 2022, reducing by -30% on the previous year's figure. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,057% against the previous year. As a result, imports reached the peak of 145 tons, and then dropped notably in the following year.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses dropped rapidly to $3.6M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 433%. As a result, imports attained the peak of $4.3M, and then fell markedly in the following year.

Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to the Czech Republic in 2022:

1. Sweden (81.2 tons)
2. Ukraine (4.7 tons)
3. Germany (4.7 tons)
4. United Kingdom (3.7 tons)
5. Netherlands (3.5 tons)
6. Austria (2.1 tons)
7. Italy (1.2 tons)

Exports of Nickel; Tubes and Pipes, of Nickel Alloys in the Czech Republic

In 2022, exports of nickel; tubes and pipes, of nickel alloyses from the Czech Republic skyrocketed to 61 tons, growing by 91% compared with the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 295%.

In value terms, exports of nickel; tubes and pipes, of nickel alloyses soared to $1.7M in 2022. Over the period under review, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 164%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Nickel; Tubes and Pipes, of Nickel Alloys from the Czech Republic in 2022:

1. United Kingdom (51.4 tons)
2. China (4.9 tons)
3. Mexico (2.4 tons)
4. Slovakia (0.4 tons)
5. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform