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

Contents:

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

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

In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $23,344 per ton, shrinking by -4.9% against the previous year. Over the period under review, the export price showed a mild shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 22%. The export price peaked at $27,773 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($25,178 per ton), while the average price for exports to Austria ($1,629 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 Switzerland (-1.5%), while the prices for the other major destinations experienced a decline.

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

In July 2023, the average import price for nickel; wire, of nickel alloyses amounted to $67,918 per ton, rising by 11% against the previous month. In general, import price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, nickel; wire, of nickel alloys import price increased by +81.0% against April 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 47% against the previous month. Over the period under review, average import prices attained the maximum in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($198K per ton), while the price for Italy ($43,371 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 the United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Wire, of Nickel Alloys in France

In 2022, after two years of decline, there was significant growth in shipments abroad of nickel; wire, of nickel alloyses, when their volume increased by 5.4% to 11K tons. In general, exports, however, showed a abrupt descent.

In value terms, nickel; wire, of nickel alloys exports amounted to $268M in 2022. Over the period under review, exports, however, showed a deep setback.

Export of Nickel; Wire, of Nickel Alloys in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany89.681.087.277.0-4.9%
Switzerland81.874.440.657.2-11.2%
United States59.039.463.756.2-1.6%
Italy22.218.019.417.3-8.0%
South Korea24.016.112.515.3-13.9%
Czech Republic17.310.113.111.7-12.2%
Austria0.50.70.30.4-7.2%
Others36.629.030.432.8-3.6%
Total331269267268-6.8%

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

  1. Germany (3.4K tons)
  2. Switzerland (2.4K tons)
  3. United States (2.2K tons)
  4. Italy (0.7K tons)
  5. South Korea (0.7K tons)
  6. Czech Republic (0.5K tons)
  7. Austria (0.3K tons)

Imports of Nickel; Wire, of Nickel Alloys in France

In 2022, nickel; wire, of nickel alloys imports into France surged to 1.6K tons, growing by 56% on 2021 figures. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 199%. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nickel; wire, of nickel alloys imports skyrocketed to $53M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 205%. As a result, imports reached the peak of $69M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Nickel; Wire, of Nickel Alloys in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.747.516.935.826.5%
Germany2.18.27.36.445.0%
Italy0.66.95.34.494.3%
Belgium1.22.42.42.527.7%
United Kingdom0.31.11.61.363.0%
Others0.83.23.32.648.1%
Total22.769.336.853.032.7%

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

  1. United States (932.1 tons)
  2. Germany (269.9 tons)
  3. Italy (207.4 tons)
  4. Belgium (85.5 tons)
  5. United Kingdom (30.1 tons)

Source: IndexBox Market Intelligence Platform

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