Price for Nickel; Wire, Not Alloyed in Israel - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Israel (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in Israel (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in Israel
- Exports of Nickel; Wire, Not Alloyed in Israel
Price for Nickel; Wire, Not Alloyed in Israel (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $33,913 per ton, with an increase of 21% against the previous year. In general, the import price showed a relatively flat trend pattern. 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 countries with the highest prices were India ($33,913 per ton) and Austria ($33,913 per ton), while the price for the UK ($33,913 per ton) and Ireland ($33,913 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Israel (FOB) - 2022
In 2022, the average nickel; wire, not alloyed export price amounted to $39,220 per ton, surging by 2.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 145% against the previous year. As a result, the export price reached the peak level of $67,467 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($168,209 per ton), while the average price for exports to Palestine ($11,864 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 Germany (+18.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Wire, Not Alloyed in Israel
In 2022, approx. 28 tons of nickel; wire, not alloyeds were imported into Israel; rising by 27% on the previous year. In general, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, nickel; wire, not alloyed imports skyrocketed to $941K in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 82%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Nickel; Wire, Not Alloyed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 337 | 179 | 178 | 422 | 7.8% |
| Austria | 125 | 38.3 | 16.9 | 221 | 20.9% |
| Kazakhstan | N/A | N/A | N/A | 107 | 0% |
| United States | 35.9 | 24.8 | 106 | 98.0 | 39.8% |
| Ireland | N/A | N/A | N/A | 61.0 | 0% |
| India | 134 | 71.2 | 54.2 | 27.0 | -41.4% |
| Others | 19.4 | 22.0 | 256 | 5.0 | -36.4% |
| Total | 651 | 335 | 611 | 941 | 13.1% |
Top Suppliers of Nickel; Wire, Not Alloyed to Israel in 2022:
- Germany (12.4 tons)
- Austria (6.5 tons)
- Kazakhstan (3.2 tons)
- United States (2.9 tons)
- Ireland (1.8 tons)
- India (0.8 tons)
Exports of Nickel; Wire, Not Alloyed in Israel
In 2022, after three years of growth, there was significant decline in shipments abroad of nickel; wire, not alloyeds, when their volume decreased by -16.2% to 114 kg. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year.
In value terms, nickel; wire, not alloyed exports fell to $4.5K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 70% against the previous year.
| Export of Nickel; Wire, Not Alloyed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 1.7 | 1.8 | 2.6 | 42.4% |
| Austria | 0.9 | 1.2 | 0.8 | 1.0 | 3.6% |
| Palestine | 0.4 | 0.8 | 0.8 | 0.9 | 31.0% |
| Others | N/A | N/A | 1.8 | N/A | 0% |
| Total | 2.2 | 3.7 | 5.2 | 4.5 | 26.9% |
Top Export Markets for Nickel; Wire, Not Alloyed from Israel in 2022:
- Palestine (78.0 kg)
- Germany (30.0 kg)
- Austria (6.0 kg)
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