Price for Nickel; Unwrought, Not Alloyed in Greece - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Greece (CIF) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Greece (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Greece
- Exports of Nickel; Unwrought, Not Alloyed in Greece
Price for Nickel; Unwrought, Not Alloyed in Greece (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $24,230 per ton, with an increase of 65% against the previous year. Over the period under review, the import price posted buoyant growth. 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 France ($31,733 per ton), while the price for Italy stood at $20,060 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Unwrought, Not Alloyed in Greece (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $25,427 per ton in 2022, standing approx. at the previous year. Overall, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 63% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +15.2% per year.
Imports of Nickel; Unwrought, Not Alloyed in Greece
Nickel; unwrought, not alloyed imports into Greece contracted remarkably to 36 tons in 2022, dropping by -43.3% against the previous year. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 63 tons, and then reduced rapidly in the following year.
In value terms, nickel; unwrought, not alloyed imports fell to $861K in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of $923K, and then reduced in the following year.
| Import of Nickel; Unwrought, Not Alloyed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 598 | 373 | 635 | 458 | -8.5% |
| France | 75.5 | 185 | 217 | 403 | 74.8% |
| Bulgaria | 94.2 | 54.1 | N/A | N/A | -42.6% |
| Others | N/A | 8.5 | 71.2 | N/A | 737.6% |
| Total | 768 | 621 | 923 | 861 | 3.9% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Greece in 2022:
- Italy (22.8 tons)
- France (12.7 tons)
Exports of Nickel; Unwrought, Not Alloyed in Greece
In 2022, shipments abroad of nickel; unwrought, not alloyeds decreased by 0% to 82 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 778% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, nickel; unwrought, not alloyed exports stood at $2.1K in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 844% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Nickel; Unwrought, Not Alloyed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | 1.3 | N/A | 2.1 | 27.1% |
| Bulgaria | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 1.3 | N/A | 2.1 | 175.9% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Greece in 2022:
- Romania (82.0 kg)
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This report provides an in-depth analysis of the nickel market in Greece.
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This report provides an in-depth analysis of the global nickel market.
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