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

Contents:

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

Price for Nickel; Wire, of Nickel Alloys in Israel (CIF) - 2022

The average import price for nickel; wire, of nickel alloyses stood at $62,004 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum at $62,775 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($62,033 per ton) and the UK ($62,027 per ton), while the price for Ireland ($61,024 per ton) and China ($62,022 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nickel; wire, of nickel alloyses stood at $31,897 per ton in 2022, with a decrease of -7.4% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 296%. As a result, the export price reached the peak level of $80,764 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($111,774 per ton), while the average price for exports to Germany ($12,919 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 Japan (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Wire, of Nickel Alloys in Israel

In 2022, imports of nickel; wire, of nickel alloyses into Israel shrank to 21 tons, which is down by -13.5% on 2021. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year.

In value terms, nickel; wire, of nickel alloys imports shrank to $1.3M in 2022. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year.

Import of Nickel; Wire, of Nickel Alloys in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3327611,026939-11.0%
United Kingdom10118616014613.1%
Germany64.052.410293.713.5%
China31.020.864.258.823.8%
Ireland1.045.048.544.4254.1%
Others37.071.212247.68.8%
Total1,5661,1371,5241,330-5.3%

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

  1. United States (15.1 tons)
  2. United Kingdom (2.4 tons)
  3. Germany (1.5 tons)
  4. China (0.9 tons)
  5. Ireland (0.7 tons)

Exports of Nickel; Wire, of Nickel Alloys in Israel

Nickel; wire, of nickel alloys exports from Israel contracted markedly to 580 kg in 2022, with a decrease of -23.2% compared with the previous year's figure. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year.

In value terms, nickel; wire, of nickel alloys exports fell significantly to $19K in 2022. In general, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 136%.

Export of Nickel; Wire, of Nickel Alloys in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.45.11.48.6-20.9%
Ireland23.90.55.38.3-29.7%
Germany3.90.90.21.6-25.7%
ThailandN/AN/A0.4N/A0%
United KingdomN/AN/A11.1N/A0%
JapanN/A2.13.7N/A76.2%
United StatesN/AN/A3.0N/A0%
Others1.82.51.0N/A-25.5%
Total47.011.026.018.5-26.7%

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

  1. China (381.0 kg)
  2. Germany (125.0 kg)
  3. Ireland (74.0 kg)

Source: IndexBox Market Intelligence Platform

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