Price for Nickel; Wire, of Nickel Alloys in Austria - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Austria (FOB) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Austria (CIF) - 2023
- Exports of Nickel; Wire, of Nickel Alloys in Austria
- Imports of Nickel; Wire, of Nickel Alloys in Austria
Price for Nickel; Wire, of Nickel Alloys in Austria (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $20,743 per ton in 2022, jumping by 19% against the previous year. In general, the export price, however, showed a pronounced decline. Over the period under review, the average export prices attained the maximum at $25,727 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($45,067 per ton), while the average price for exports to Germany ($17,025 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 the United States (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nickel; Wire, of Nickel Alloys in Austria (CIF) - 2023
In July 2023, the average import price for nickel; wire, of nickel alloyses amounted to $46,740 per ton, reducing by -13.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 33% month-to-month. As a result, import price reached the peak level of $54,185 per ton, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($1.3M per ton), while the price for Germany ($44,877 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Wire, of Nickel Alloys in Austria
In 2022, nickel; wire, of nickel alloys exports from Austria contracted to 5.1K tons, declining by -6.8% compared with the year before. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of 5.5K tons, and then dropped in the following year.
In value terms, nickel; wire, of nickel alloys exports rose notably to $106M in 2022. In general, exports showed a relatively flat trend pattern.
| Export of Nickel; Wire, of Nickel Alloys in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 94.5 | 99.5 | 78.5 | 72.1 | -8.6% |
| Italy | 0.5 | 0.4 | 0.5 | 14.4 | 206.5% |
| United States | 4.3 | 4.6 | 3.2 | 3.1 | -10.3% |
| Others | 10.3 | 12.3 | 13.9 | 16.8 | 17.7% |
| Total | 110 | 117 | 96.2 | 106 | -1.2% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Austria in 2022:
- Germany (4.2K tons)
- Italy (0.4K tons)
- United States (0.1K tons)
Imports of Nickel; Wire, of Nickel Alloys in Austria
Nickel; wire, of nickel alloys imports into Austria dropped dramatically to 313 tons in 2022, with a decrease of -24.5% against the previous year's figure. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. As a result, imports attained the peak of 415 tons, and then dropped remarkably in the following year.
In value terms, nickel; wire, of nickel alloys imports declined remarkably to $8.5M in 2022. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports reached the peak of $11M, and then dropped significantly in the following year.
| Import of Nickel; Wire, of Nickel Alloys in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 4.2 | 9.1 | 4.7 | 28.8% |
| Switzerland | 0.1 | 0.1 | 0.1 | 3.3 | 220.8% |
| France | 1.9 | 0.7 | 1.1 | 0.4 | -40.5% |
| United States | 0.6 | 0.6 | 0.3 | 0.1 | -45.0% |
| Others | 0.4 | 0.3 | 0.6 | 0.1 | -37.0% |
| Total | 5.2 | 5.8 | 11.2 | 8.5 | 17.8% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Austria in 2022:
- Germany (182.2 tons)
- Switzerland (91.8 tons)
- France (34.6 tons)
- United States (1.4 tons)
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