Price for Nickel; Unwrought, Not Alloyed in Israel - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Israel (FOB) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Israel (CIF) - 2022
- Exports of Nickel; Unwrought, Not Alloyed in Israel
- Imports of Nickel; Unwrought, Not Alloyed in Israel
Price for Nickel; Unwrought, Not Alloyed in Israel (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $25,394 per ton in 2022, rising by 36% against the previous year. Over the period under review, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($25,396 per ton) and Turkey ($25,395 per ton), while the average price for exports to Chile ($25,389 per ton) and the Netherlands ($25,393 per ton) were amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Unwrought, Not Alloyed in Israel (CIF) - 2022
The average nickel; unwrought, not alloyed import price stood at $24,430 per ton in 2022, growing by 35% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, not alloyed import price increased by +84.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($24,433 per ton) and the UK ($24,430 per ton), while the price for Italy ($24,429 per ton) and Norway ($24,429 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+11.2%), while the prices for the other major suppliers experienced a decline.
Exports of Nickel; Unwrought, Not Alloyed in Israel
Nickel; unwrought, not alloyed exports from Israel skyrocketed to 79 tons in 2022, with an increase of 44% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, nickel; unwrought, not alloyed exports soared to $2M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Nickel; Unwrought, Not Alloyed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 39.2 | 102 | 273 | 1,118 | 205.5% |
| India | 4.5 | 30.8 | 97.6 | 459 | 367.2% |
| South Africa | 9.0 | 37.4 | 112 | 202 | 182.1% |
| Netherlands | 2.8 | 10.1 | 33.9 | 131 | 260.3% |
| Chile | N/A | N/A | N/A | 44.0 | 0% |
| United Kingdom | 116 | 288 | 376 | N/A | 80.0% |
| Others | 133 | 44.6 | 127 | 41.0 | -32.4% |
| Total | 304 | 513 | 1,019 | 1,995 | 87.2% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Israel in 2022:
- Turkey (44.0 tons)
- India (18.1 tons)
- South Africa (8.0 tons)
- Netherlands (5.2 tons)
- Chile (1.7 tons)
Imports of Nickel; Unwrought, Not Alloyed in Israel
In 2022, imports of nickel; unwrought, not alloyeds into Israel shrank notably to 28 tons, with a decrease of -22.8% against 2021. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, imports reached the peak of 37 tons, and then fell remarkably in the following year.
In value terms, nickel; unwrought, not alloyed imports rose slightly to $696K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Nickel; Unwrought, Not Alloyed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 96.4 | 82.8 | 125 | 275 | 41.8% |
| United Kingdom | 3.1 | 14.2 | 2.2 | 238 | 325.0% |
| Italy | 19.3 | 15.9 | 44.0 | 152 | 99.0% |
| France | 78.0 | 74.3 | 19.5 | 14.0 | -43.6% |
| Russia | 19.7 | 23.8 | 45.1 | N/A | 51.3% |
| Luxembourg | 57.4 | 50.7 | 78.9 | N/A | 17.2% |
| South Africa | 13.4 | 9.5 | 12.0 | N/A | -5.4% |
| Netherlands | 19.9 | 18.9 | 47.3 | N/A | 54.2% |
| Others | 178 | 130 | 295 | 17.0 | -54.3% |
| Total | 485 | 420 | 669 | 696 | 12.8% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Israel in 2022:
- Norway (11.3 tons)
- United Kingdom (9.7 tons)
- Italy (6.2 tons)
- France (0.6 tons)
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This report provides an in-depth analysis of the nickel market in Israel.
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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 Israel.
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This report provides an in-depth analysis of the nickel market in Israel.
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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.
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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...
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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...
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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%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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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%
