Price for Nickel; Wire, Not Alloyed in France - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in France (FOB) - 2023
- Price for Nickel; Wire, Not Alloyed in France (CIF) - 2022
- Exports of Nickel; Wire, Not Alloyed in France
- Imports of Nickel; Wire, Not Alloyed in France
Price for Nickel; Wire, Not Alloyed in France (FOB) - 2023
In July 2023, the average nickel; wire, not alloyed export price amounted to $35,678 per ton, reducing by -10.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 115% against the previous month. Over the period under review, the average export prices reached the maximum at $39,693 per ton in June 2023, and then reduced in the following month.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to Italy ($44,003 per ton) and the United States ($41,247 per ton), while the average price for exports to Germany ($34,651 per ton) and Canada ($35,549 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in France (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $36,387 per ton, picking up by 25% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($105,459 per ton), while the price for India ($31,501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Wire, Not Alloyed in France
In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; wire, not alloyeds, when their volume decreased by -18.3% to 267 tons. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 92%.
In value terms, nickel; wire, not alloyed exports amounted to $8.5M in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 120%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Nickel; Wire, Not Alloyed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 2.3 | 4.8 | 5.9 | 145.2% |
| South Korea | 0.9 | 0.3 | 0.9 | 1.1 | 6.9% |
| Italy | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| United States | 0.2 | 0.1 | 0.4 | 0.5 | 35.7% |
| Latvia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.3 | 0.4 | 1.1 | 0.2 | -12.6% |
| Total | 2.1 | 3.5 | 7.8 | 8.5 | 59.4% |
Top Export Markets for Nickel; Wire, Not Alloyed from France in 2022:
- Germany (194.1 tons)
- South Korea (32.1 tons)
- Italy (16.5 tons)
- United States (15.7 tons)
- Latvia (4.3 tons)
Imports of Nickel; Wire, Not Alloyed in France
Nickel; wire, not alloyed imports into France plummeted to 39 tons in 2022, declining by -30.6% compared with the previous year. Over the period under review, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 274% against the previous year. As a result, imports attained the peak of 55 tons, and then declined dramatically in the following year.
In value terms, nickel; wire, not alloyed imports dropped to $1.4M in 2022. Overall, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 264% against the previous year. As a result, imports reached the peak of $1.6M, and then declined in the following year.
| Import of Nickel; Wire, Not Alloyed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 163 | 68.2 | 940 | 865 | 74.4% |
| Germany | 438 | 284 | 395 | 363 | -6.1% |
| United Kingdom | 318 | 63.4 | 45.7 | 130 | -25.8% |
| United States | 58.0 | 5.6 | 16.1 | 24.2 | -25.3% |
| Others | 57.3 | 21.2 | 213 | 19.4 | -30.3% |
| Total | 1,034 | 442 | 1,610 | 1,401 | 10.7% |
Top Suppliers of Nickel; Wire, Not Alloyed to France in 2022:
- India (27.4 tons)
- Germany (9.0 tons)
- United Kingdom (1.2 tons)
- United States (0.5 tons)
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