Price for Nickel; Wire, of Nickel Alloys in Bulgaria - 2023

Contents:

1. Price for Nickel; Wire, of Nickel Alloys in Bulgaria (CIF) - 2023
2. Price for Nickel; Wire, of Nickel Alloys in Bulgaria (FOB) - 2022
3. Imports of Nickel; Wire, of Nickel Alloys in Bulgaria
4. Exports of Nickel; Wire, of Nickel Alloys in Bulgaria

Price for Nickel; Wire, of Nickel Alloys in Bulgaria (CIF) - 2023

In July 2023, the average import price for nickel; wire, of nickel alloyses amounted to $64,202 per ton, rising by 22% against the previous month. Overall, the import price posted a remarkable increase. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 158% against the previous month. Over the period under review, average import prices attained the peak figure in July 2023.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($61,656 per ton), while the price for Switzerland ($49,516 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 Germany (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Wire, of Nickel Alloys in Bulgaria (FOB) - 2022

The average export price for nickel; wire, of nickel alloyses stood at $80,215 per ton in 2022, increasing by 24% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 164% against the previous year. The export price peaked at $567,907 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($230,613 per ton), while the average price for exports to the Netherlands ($43,193 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 China (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Wire, of Nickel Alloys in Bulgaria

After three years of growth, purchases abroad of nickel; wire, of nickel alloyses decreased by -18.1% to 11 tons in 2022. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 548% against the previous year.

In value terms, nickel; wire, of nickel alloys imports declined rapidly to $548K in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 132%.

Top Suppliers of Nickel; Wire, of Nickel Alloys to Bulgaria in 2022:

1. Sweden (undefined tons)
2. Italy (5.0 tons)
3. Germany (4.8 tons)
4. Austria (0.1 tons)

Exports of Nickel; Wire, of Nickel Alloys in Bulgaria

In 2022, after two years of decline, there was significant decline in shipments abroad of nickel; wire, of nickel alloyses, when their volume decreased by -59.7% to 197 kg. Over the period under review, exports saw a precipitous decrease.

In value terms, nickel; wire, of nickel alloys exports contracted significantly to $16K in 2022. In general, exports showed a abrupt descent.

Top Export Markets for Nickel; Wire, of Nickel Alloys from Bulgaria in 2022:

1. China (165.0 kg)
2. United States (23.0 kg)
3. Netherlands (5.0 kg)
4. Austria (2.0 kg)

Source: IndexBox Market Intelligence Platform