Price for Nickel; Unwrought, Not Alloyed in Austria - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Austria (CIF) - 2023
- Price for Nickel; Unwrought, Not Alloyed in Austria (FOB) - 2023
- Imports of Nickel; Unwrought, Not Alloyed in Austria
- Exports of Nickel; Unwrought, Not Alloyed in Austria
Price for Nickel; Unwrought, Not Alloyed in Austria (CIF) - 2023
The average nickel; unwrought, not alloyed import price stood at $24,210 per ton in July 2023, remaining relatively unchanged against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 13% month-to-month. The import price peaked at $29,369 per ton in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Estonia ($28,097 per ton) and Luxembourg ($25,639 per ton), while the price for Germany ($22,900 per ton) and the Netherlands ($23,258 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Estonia (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Unwrought, Not Alloyed in Austria (FOB) - 2023
The average nickel; unwrought, not alloyed export price stood at $27,882 per ton in June 2023, with an increase of 1.9% against the previous month. Overall, the export price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 289% month-to-month. As a result, the export price reached the peak level of $111K per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Croatia ($47,142 per ton), while the average price for exports to Italy ($26,876 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Unwrought, Not Alloyed in Austria
In 2022, imports of nickel; unwrought, not alloyeds into Austria skyrocketed to 7.8K tons, jumping by 27% on 2021 figures. In general, imports, however, recorded a perceptible contraction.
In value terms, nickel; unwrought, not alloyed imports soared to $197M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.9 | 14.5 | 21.4 | 144 | 123.5% |
| Germany | 14.2 | 10.8 | 15.0 | 24.8 | 20.4% |
| Luxembourg | 10.1 | 7.8 | 5.3 | 19.8 | 25.2% |
| Estonia | N/A | N/A | 0.4 | 6.4 | 1500.0% |
| Russia | 48.0 | 47.8 | 46.3 | N/A | -1.8% |
| Norway | 5.6 | 18.7 | 18.4 | N/A | 81.3% |
| Australia | 16.5 | 22.3 | 1.3 | N/A | -71.9% |
| Canada | 10.3 | N/A | 1.8 | N/A | -58.2% |
| Others | 5.6 | 16.5 | 2.0 | 2.4 | -24.6% |
| Total | 123 | 138 | 112 | 197 | 17.0% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Austria in 2022:
- Netherlands (5.6K tons)
- Germany (1.1K tons)
- Luxembourg (0.8K tons)
- Estonia (0.3K tons)
Exports of Nickel; Unwrought, Not Alloyed in Austria
In 2022, the amount of nickel; unwrought, not alloyeds exported from Austria soared to 916 tons, picking up by 102% compared with 2021. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed exports surged to $19M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Not Alloyed in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.1 | 1.4 | 2.6 | 11.2 | 116.7% |
| Italy | 2.3 | 2.4 | 4.0 | 6.9 | 44.2% |
| Netherlands | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Slovenia | N/A | N/A | 1.2 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Total | 3.9 | 4.0 | 8.4 | 18.7 | 68.6% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Austria in 2022:
- Germany (677.6 tons)
- Italy (216.5 tons)
- Netherlands (14.0 tons)
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This report provides an in-depth analysis of the nickel market in Austria.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Austria.
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This report provides an in-depth analysis of the nickel market in Austria.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1187
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
816
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
999
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
